Luncheon and Registration

1:00 - 1:15 PM

Welcome, Topic Introduction, Objectives, Agenda
Bob Nimocks, president, Zeus Development Corp

Review of Approaches to Recent EPC Selections and Projects
Richard Rankin, vice president, midstream, AMEC
As LNG EPC projects have increased in size and complexity, some owners have employed project management firms to help bridge communication with the EPC contractor, improve leadtime and budget execution and mitigate risk. Rankin, who is currently working on several LNG projects and has a unique perspective on various approaches to EPC selection, has been asked to discuss what approaches have been successful, what has not, and why.

The Current Status of EPC Availability
Tom Phalen, vice president Operations, Fluor Corporation
California-based Fluor Corporation is one of the world's largest publicly owned engineering, procurement, construction, and maintenance services organizations. Like a lot of EPC firms, its revenues have been growing rapidly: first quarter 2005 was up 39% over Q1 2004. Phalen has been asked to describe how the EPC business has changed in the past five years and what is in store for the future.

Key Elements of the EPC Contract & Whats Reasonable in a Tight-Construction Market
Scott Greer, attorney, King and Spalding
Greer has drafted and negotiated numerous EPC contracts for LNG regasification terminals, including the first two new LNG terminals to be constructed in the US in almost 30 years and the expansion to an existing LNG terminal. He will briefly outline the key elements of EPC contracts for LNG terminals and then discuss how they are changing in the current tight market

EPC Management Execution: Bechtel's Experience
Asok Kumar, Bechtel
Bechtel was awarded the EPC contract for Cheniere's Sabine Pass LNG terminal, which when constructed, will be the terminal with the greatest peak sendout capacity in the world. Kumar has been asked to describe in his mind what makes an EPC-client relationship run smoothly, especially when third parties contract the capacity.

Workshop wrap up

The Chinese and Indian Economies and Their Mid-Term Impact on Raw Material Demand
Thomas R. DeGregori, Ph.D., professor of economics, University of Houston
Growth in China is rumored to be slowing and steel production climbing. Is this true? Professor DeGregori is an authority on the economic development Asia with focus on the Chinese and Indian economies. He has been asked review the growth there in recent months and discuss the likelihood that this massive economy will continue to grow as it has over the past few years, thereby consuming raw materials, construction capacity and energy.

Break

Golden Steel
Frank McWilliams, Corus Steel
Corus, formerly British Steel, is an international metal company with an annual revnues of $17billion. McWilliams has been asked to review markets for plate and tubular steel, including carbon, stainless and aluminum products commonly used by the LNG industry.

Is Concrete the Salvation for High Steel Prices?
Robert Nussmeier, director of business development, Baker Concrete
Baker Concrete has installed over 600 million square feet of slabs and 25 million cubic yards of concrete for such structures at stadiums, arenas and convention centers, heavy industrial/commercial floors and highway systems. With contractors proposing concrete outer and possibly inner containment systems for tanks, how will the concrete industry keep pace? Nussmeier will review the industry's capabilities to provide more material.

Battle for Talent
Bill Clarey, principal, Clarey, Napier International
Houston-based Clarey, Napier International is one of the leading energy recruiting firms, assisting clients find talent in the highly specialized petroleum and LNG engineering professions. Clarey will discuss the market for this talent and how the push to recruit new engineers is progressing.

Workshop wrap up