Jointly hosted by Ministry of Oil, The Bahrain Petroleum Company (Bapco) and nogaholding, the 29th Annual Middle East Petroleum & Gas Conference (MPGC 2022) to be held in the Kingdom of Bahrain, is rapidly gathering steam with the participation of super major CEOs, top Wall Street analysts, oil and gas visionaries, global traders, refiners and other industry specialists.
MPGC will commence on January 24th with the Official Opening, to be graced by His Excellency Shaikh Mohammed Bin Khalifa Al-Khalifa, Minister of Oil, Kingdom of Bahrain, with the presence of His Excellency Abdulla Jehad Al Zain, Chairman of the Board of Directors and Dr. Abdulrahman Jawahery, CEO of Bapco. The opening session will feature the eagerly awaited annual MPGC 2022 Crystal Ball to be followed by Keynote Addresses on the Energy Markets delivered by Mr. Alan Haywood, BP plc’s SVP for ESG transformation, TOTSA TotalEnergie’s Head of Trading and Shipping, Mr. Thomas Waymel and Vitol Asia’s President, Mr. Mike Muller.
Official functions hosted by sponsors, including lunch by Saudi Aramco, coffee breaks by Vitol, the Bapco Gala Dinner and numerous hospitality suites, will provide extended opportunities for one to one and group networking in one location for all stakeholders, anxious to catch up with industry contacts, to resume business discussions and interactions, which are disrupted and long delayed by the pandemic.
The overarching MPGC 2022 theme “Diverse Perspectives: Transitioning Towards a Carbon Constrained World” will find its way into ten agenda sessions, including a first-time panel on Future Fuels and Energy Transition. A luncheon Address by Mr. Ahmed Al-Subaey, Vice President of Marketing, Sales & Supply Planning of Saudi Aramco on January 24 will also highlight how Saudi Aramco will position itself for sustainable value and success in a carbon constrained world.
The path-breaking MPGC “All-Star” Analysts Panel with the global heads of research of leading commodity houses, will be repeated by popular demand, on the MPGC 2022 agenda, with Dr. Jeffrey R. Currie of Goldman Sachs International, Dr. Edward L. Morse of Citigroup and Dr. Paul Horsnell of Standard Chartered. The closing session for Day One will be the one not to be missed “MPGC Hard Talk and Dialogue” on the Middle East pricing and trading transformation with oil and product traders from Bapco, ICE, Vitol and the DME. The day’s sessions will culminate with the MPGC 2022 Gala Dinner, hosted by Bapco.
Discussions on LNG Trading, the Refining Landscape, and the first-time panel on Energy Transition, which will address the prospects for the oil and gas ecosystem shifting to a lower carbon future, will continue on Day Two, January 25 with the participation of ADNOC LNG, Shell LNG Marketing, BP IST Middle East, TotalEnergies Gas & Power, Cheniere Marketing, Bapco, Tecnicas Reunidas, Samsung Engineering, Technip Energies and Vitol.
Co-Hosts Bapco will take a high profile over both days of MPGC 2022, with Mr. Hafedh Al Qassab, Acting Deputy CE Co-Chairing with Dr. Fereidun Fesharaki, participation by Shaikh Ebrahim Bin Khalid Al-Khalifa, Head of Business Development, Marketing Division and Mr. Khalid Buhazza, General Manager Marketing on the MPGC International Advisory Committee and other speakers and chairs on the Trading, Refining and Future Fuels Panels, including Mr. Irfanullah Khan, Risk Manager, Lead Marketing.
Commenting on the significance of the timing, Dr. Fereidun Fesharaki, Co-Chairman MPGC 2022 and Chairman of FGE said “This is an exceptional environment in the oil and gas industry, where COP26 seemed to want to see the end of fossil fuels, whilst oil and gas prices have reached historical highs and refining margins made great gains. This shows that despite the politically inspired wish to bring fossil fuels to an end, the demand side remains robust and the transition will be slow and challenging. Oil and gas is a huge business and it cannot simply be switched off. Oil demand will peak in the 2030’s but gas demand will be unlikely to peak before the late 2040’s. Until then the decline in demand will be extremely slow. The energy transition will need to take into account the realities of demand and the needs for economic growth in Asia, the Middle East, Africa and Latin America. MPGC 2022 will provide the framework for all key players in the oil and gas business, to discuss the evolving strategies, commercial realities and the investment decisions that need to be made to achieve this”
MPGC 2022 has received outstanding support from leading oil market brands as sponsors, with Chevron and S&P Global Platts as platinum sponsors and Bapco, ICE, Kpler, Saudi Aramco, Samsung Engineering, Shell, Technip Energies, Tecnicas Reunidas, Uniper and Vitol as corporate sponsors. More than 450 global brands have supported MPGC in its 29-year history. The 2022 event is also supported by the Bahrain-based Gulf Downstream Association and Middle East Gases Association (MEGA).
A spokesperson from Conference Connection, organisers for MPGC said, “Wide participation is expected from key oil trading and producing destinations in the Gulf, and MENA, Europe, the Americas and Asia at MPGC 2022, which will be one of the oil industry’s first in-person events in 2022. MPGC 2022 sessions will be delivered over two-days on January 24-25, in both roundtable discussion panels and presentations, with other pre and post executive briefings on oil and gas, as well as training courses and site visits on oil trading, refining and blending, spread over MPGC Week 2022 from January 22-27, 2022.”
MPGC Week 2022, running from 22 – 27 January 2022, will bring together five executive briefings, courses and technical workshops, with MPGC as the anchor event for the week. These activities will run back-to-back in one location within the week, delivering extensive learning, knowledge sharing and networking opportunities to the MPGC community.