LNG Express  

 
 
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Agenda - August 30, 2005
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Participants
Air Liquide America Corp.
Akin Gump Strauss Hauer & Feld LLP
Amerada Hess Corp.
BG Group North America
BHP Billiton Petroleum
BP
Brass LNG
CenterPoint Energy
Cheniere Energy
Chevron
ConocoPhillips
Constellation Energy Commodities Group
Curtis, Mallet-Prevost, Colt & Mosle LLP
Duke Energy Corp.
El Paso Corp.
ExxonMobil Gas & Power Marketing
FMC Technologies, Inc.
Freeport LNG Development LP
Freeport-McMoRan Energy, LLC
Galway Group LP
Gulf Coast LNG Partners, LP
Haddington Ventures, LLC
Hughes Associates
I.P.S Services
Intec Engineering Partnership, Ltd.
Itochu Corp.
Kawasaki Heavy Industries, Ltd.
LNGJ USA Inc.
Lukens Energy Group
Marathon Oil Corp.
McKinsey & Company
Merrill Lynch & Company
Moffatt & Nichol International
Nigeria LNG Ltd.
Platts Analytics and Forecasting
Purvin & Gertz, Inc.
Sempra Energy
Sojitz Corporation of America
Statoil ASA
SUEZ LNG NA LLC
Tenaska Marketing Ventures
Tidelands Oil & Gas Corp.
TORP Technology
Total
Wellstream
Zeus Development Corp.

 

Agenda


Speakers

Carlos Ayon, Gnostica
Carlos Ayon, founding partner of Gnostica consulting firm, has been widely involved in the development of the natural gas sector for the past ten years, being a consultant for the CRE from 1995 to 1998 and for the private sector from 1998 to the present.

Mr. Ayon was one of the driving forces of the reform process that allow the private sector to build, own and operate natural gas transport, storage and distribution systems in Mexico. During this process Carlos Ayon was the leading consultant of the working teams that wrote main elements of the natural gas regulatory framework, including the Natural Gas Reglamento, the Prices and Tariffs Directive and the First Hand Sales Directive.

Afterwards, Carlos Ayon was the head of the evaluation teams that granted the first ten natural gas distribution permits and the first three natural gas transport permits, including Pemex's transportation permit. During this phase, Carlos Ayon was in charge of coordinating an interdisciplinary team formed by engineers, lawyers, accountants and economists.


Stuart Bodden, McKinsey & Company
Stuart is an Associate Principal in McKinsey's Houston office, joining the firm in 1998. Stuart is co-leader of McKinsey's Global Natural Gas Sub-Sector and has worked extensively within McKinsey's Electric Power and Natural Gas (EPNG) and Petroleum sectors. Over the past year, Stuart has been one of the leaders for an internal knowledge development effort to determine LNG's impact on North American natural gas prices, micro-markets and regional pipeline utilization.
Prior to joining McKinsey, Stuart was a Kauffmann intern at Sandefer Capital Partners, a private equity group concentrating on upstream energy deals. He has received his Bachelors of Science degree in Applied Mathematics/Economics from Brown University and an MBA from The University of Texas at Austin.

 

Javier Humberto Estrada, director general, Analítica Energética SC
Javier Estrada is Director General of Analitica Energetica, a consulting firm focusing on Energy and Environmental issues and topics. He continues to work closely with the Mexican Energy Ministry and Pemex on the creation of an independent regulatory agency for upstream activities in Mexico.

Other important projects include foreign companies involvmed in the Mexican energy sector, as well as Meta Desarrollo SA as well as large municipalities intending to modernize their infrastructures.

In January 1996, Mr. Estrada was appointed by the President of Mexico as Commissioner for Energy Regulatory Commission, where he served until October 2002. As Commissioner, his responsibility was to modernize and expand Mexico's natural gas transportation and distribution systems and the regulations and permits to build LNG reception facilities in Mexico. He was also the official representative of the CRE at the Inter-ministerial Group for Policy on Energy Fuels, coordinated by the Energy Ministry.


Hua Fang, Lukens Energy Group
Dr. Fang is a Senior Economist and Lead of the Market Analysis and Finance team with Lukens Energy Group, a Black & Veatch Corporation.

Mrs. Fang has expertise in derivative asset pricing, econometrics modeling and forecasting and stochastic processes. Her role in Lukens is to apply the most recent developments in economics and financial theory to the real world energy context and to provide better methods of market analysis, asset evaluation and risk management for the energy industry.

Dr. Hua Fang graduated from the People's University of China, where she received her Master's degree in International Finance. After moving to the United States, she graduated from the University of Virginia where she received a Master's and PhD in Economics.

 

Carlos I. Gonzalez-Magallon, consul general of Mexico, Houston
Mr. Carlos I. Gonzalez arrived in Houston this summer to serve as Consul General of Mexico.

As a diplomat, Mr. Gonzalez has held several positions at Mexican Consular and diplomatic offices around the world.

In 1965, he served in Saint Louis, Mossouri and later that year moved to the Embassy of Mexico in Washington, D.C. For six years he also served as Mexican Mission before the United Nations, New York, Economics Department before moving into Foreign Affairs Ministry, Executive Assistant to the Undersecretary and later as Director General for Protocol.

Mr. Gonzalez also served as Chief of Staff in Columbia's Embassy as well as in Greece, New Zealand and New Mexico. He also served as Ambassador to the Former Republic of Yugosolavia and Consulate General in Osaka Japan and Nogales, Arizona.

As a diplomat, he has received numerous awards and recognition such as Medal for 25 years of service at the Mexican Foreign Service, Medal "Isabel La Catolica" granted by the Government of Spain for his service in that Country's interest during the NATO's intervention on Yugoslavian territory and First Level Yugoslavian Star granted by the President of the Former Republic of Yugoslavia, which today is Serbia and Montenegro, for the support to the development of the understanding and cooperation between Mexico and the Former Republic of Yugoslavia.


Tommy Inglesby, McKinsey & Company
Tommy Inglesby has worked with McKinsey as a natural gas, power and petroleum expert since January 2000. He is a leader in the Firm's North American natural gas practice leading client engagements across all segments of the value chain. He has been extensively involved in developing McKinsey long-term perspective on both North American natural gas supply and pricing dynamics - in addition to the role of LNG in the Atlantic and Pacific basins. In addition, he has been extensively involved in energy public policy debates in the state of California, working with the State and utilities to ensure long-term stable access to gas and power.

 

Mike Juden, McKinsey & Company
Mr. Mike Juden is a Senior Practice Expert - Natural Gas in McKinsey's Houston Office. He joined McKinsey in January 1990 and is a major participant in McKinsey's worldwide natural gas practice.

Mr. Juden received his B.A. and M.B.A. degrees from the University of Texas at Austin. Prior to joining McKinsey, Mr. Juden's most recent position was as General Manager of Market Planning and Research with United Gas Pipeline Company. During his 10 years with United Gas and its affiliates, he held a number of positions in Sales, Transportation and Exchange, Supply, Financial, and Accounting areas. Additionally, Mr. Juden established a computer software and consulting firm, and held positions in the areas of Banking and Mergers and Acquisitions. His experience in Mergers and Acquisitions covered 4 years at two major corporations, including 2 years of department leadership at a major U.S. energy company/natural gas pipeline.

 

Bob Nimocks, president, Zeus Development Corporation
Zeus Development Corporation is an energy research firm that focuses on world gas development. The company commonly serves manufacturing and oilfield service clients evaluating markets for their products and services in the LNG, GTL, methanol, DME, IGCC and gas-export-related markets. Zeus publishes a number of market-related periodicals, including the www.LNGExpress.com, www.SyngasRefiner.com and www.GasMonetizer.com and organizes workshops, conferences and training programs.

Prior to founding Zeus in 1991, Nimocks was vice president of corporate development for Elders Resources North America, the North American division of an international energy and natural resources company with substantial natural gas production. He earned an MBA from Harvard University (1987), served in the management consulting division of Accenture (1981-84) and obtained BS and BBA degrees from Mississippi State University (1981).

Glen Sweetnam, vice president, Lukens Energy Group
Glen Sweetnam is a Vice President with Lukens Energy Group, a part of the Enterprise Management Solutions Division of Black & Veatch Corporation. Mr. Sweetnam has 25 years of leadership experience in the energy industry, primarily in the areas of strategy development, market analysis, and trading. He is currently assisting clients improve their capabilities in the areas of forecasting power and natural gas prices, managing weather risk, and developing strategies for competitive advantage.

Prior to joining LEG, Mr. Sweetnam worked at senior levels for both energy merchants and E&P companies, including ARCO, Koch and Fina. He has a proven track record of leading business units through start-ups and strategy changes in increasingly competitive markets. Earlier in his career he was a consultant with McKinsey & Company. Most recently, he established and led the weather risk management group at Reliant Energy.

Mr. Sweetnam was also the Director of Economic Analysis in the U.S. Department of Energy, where he played a significant role in the deregulation of the natural gas industry in the 1980's.

 

John Wolff, director, LNG, Zeus Development Corporation
John Wolff joined Zeus Development in 2004. He has over 30 years of experience in the energy business.

Prior to joining Zeus Development, he was a partner in Brett & Wolff LLC. He prepared various studies on CNG, LNG and biogas. He prepared an economic assessment and design evaluation for transporting natural gas as either CNG or LNG on the Amazon River for American Commercial Barge Lines and Petrobras. He contributed to Zeus' CNG Ocean Transport Study 2004.

Mr. Wolff had also been the Manager of Business Development for Panhandle Eastern's and then Duke Energy's LNG marketing and sales business that imported LNG at the Trunkline LNG terminal. He prepared models to improve business decisions in the business units that included the affiliated LNG shipping business, the LNG importing/marketing business and the Trunkline LNG terminal. He prepared joint venture agreements and technology assessments to increase the profitability of the Trunkline LNG terminal, including gas processing and cold recovery projects. He helped structure short-term LNG purchase contracts and assessed aspects of the long-term LNG contract between Duke Energy and Sonatrach.

Tom Woods, senior consultant, Platts Analytics and Forecasting
Dr. Woods is an expert on North American oil, gas, NGL, and electricity supply, transportation, and market issues, having directed or participated in numerous studies in these areas. He recently joined Platts Research and Consulting, where he is a Senior Consultant for Gas.

Dr. Woods worked for Ziff Energy Group for 6 years prior to joining Platts in 2003. At Ziff Energy Group, he directed or participated in numerous studies on North American gas and electricity supply, transportation, and markets. Ziff Energy was one of the first consultants to indicate that LNG would be a major source of North American gas supply within a decade and that rumors of the imminent "death of nuclear power" were greatly exaggerated.

Dr. Woods worked for Gas Research Institute (GRI) for 16 years prior to joining Ziff Energy Group in 1997. While at GRI, he developed the initial GRI Baseline Projection, which became the basis for the GRI R&D planning. Following that, he directed the development of the GRI Hydrocarbon Model, which was the first publicly available analytic framework to capture the co-product nature of oil, gas, and NGL production in North America and its implications for prices and industry profitability. The model is used by many North American oil and gas companies.

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