3 – 4 March 2020, The Trans Hotel, Bali - Indonesia

Theme: SHAPING THE FUTURE

Preliminary Program
Updated 28 Jan 2020
Day One, Tuesday, 3 March 2020

Time Description

08.00 – 08.30 Registration

08.30 – 08.35 Opening by Master of Ceremonies

08.35 – 08.40 Indonesian National Anthem
08.40 – 08.50 Remarks by Chairman Indonesian Gas Society
08.50 – 09.05 Welcome Speech by Governor of Bali*
09.05 – 09.15 Keynote Address and Official Opening of IndoPACIFIC LNG Summit by
“Indonesia Energy Policy” H.E. Arifin Tasrif, Minister of Energy and Mineral Resources, Republic of Indonesia*
09.15 – 09.30 Coffee Break

09.30 – 09.50 Keynote 1 – Global outlook and LNG supply and demand balance (with emphasis on the Asia region)
Joo Myung Kang, President, International Gas Union (IGU)

Objective : Emerging Asian markets, led by China, already account for more than 5 percent of the global growth in natural gas demand.
As Asian economies tackle poor air quality and face up to their climate change obligations, the demand for cleaner burning fuels is rising
in the region. Between them, gas and renewables are expected to supply more than 70 percent of the region’s growth in energy
demand in the next 15 years. Liquefied Natural Gas (LNG) will be the fastest growing source of gas, with LNG imports to Asia growing
from 350 BCM today to a forecasted 575 BCM by 2035. With no new investments in liquefaction beyond 2020 - 21, supply and demand
for LNG could be in balance within 4 - 5 years, after which there will be upward pressure on price. How should governments and
industries be responding now in anticipation of these forthcoming challenges?

09.50 – 11.20 Panel Discussion 1 – LNG Global Supply and Evolution in LNG Marketing, Trading and Pricing
Objective: The LNG market showed solid growth of 6 percent p.a. from 2000 to 2014, leading to a tight market with high prices.
However, the market has softened since 2014 due to weaker demand and increasing supply. Imports of LNG into Northeast Asia
are set to decline in 2019, amid slowing economies and high storage levels. While global LNG supply is expected to grow by 14
percent in 2019, slowing demand growth in Asia means that the markets may not be able to absorb all the supply that is due to
come online. As for China’s breakneck demand surge in 2017/2018 has slowed in 2019 as Beijing acted to avoid severe shortages
by boosting pipeline connectivity, building more storage and import terminals, and raising domestic natural gas production.
Looking ahead, the oversupplied market should be back in balance by 2023/24. In the long run, global LNG demand is expected
to almost double by 2030, with China, India, South Asia and ASEAN countries, accounting for more than 80 percent of the growth.

Moderator: Azam Mohammad, Senior Partner, McKinsey & Company

Panelist:
1. Kenneth Foo, Regional Manager, Asia LNG S&P Global Platts, Singapore
2. Ryosuke Tsugaru, CEO, Diamond Gas International
3. Shigeharu Yajima, Director, Senior Managing Executive Officer, INPEX Corporation
4. Turab Musayev, Global Head of LNG & Business Development, SOCAR
5. Tokyo Gas*

11.20 – 11.40 Keynote 2 – Bangladesh’s Policy and Strategy to Meeting Growing Energy Demand
H.E. Nasrul Hamid, Minister for Energy, Power and Mineral Resources, Bangladesh*

Objective: With growing demand and falling domestic gas supplies, Bangladesh is expected to become a major LNG importer in
Asia, alongside Pakistan and India. Bangladesh’s annual imports of LNG could nearly triple to at least 10 MT over the next 3 to 4
years. The country currently has two floating storage and regasification units with a total regasification capacity of 1 billion cubic
feet per day - equal to about 7.5 million tonnes a year. A land-based terminal that can handle 7.5 million MTPA of LNG, is under
construction and expected to come into operation by 2024. Meanwhile, the Government is in the process of liberalizing its oil
and gas industry to enhance energy security and boost investments in the sector. As seen with similar market rationalization
moves in India and east Asia, this will increase domestic downstream competition and diversity. However, this will also affect the
competitiveness of previously negotiated oil-linked LNG supply arrangements, and will put the onus on delivery flexibility and risk
management.

*Invited
11.40 – 12.00 Keynote 3 - Government Policy for Foreign Direct Investment in Developing Gas Infrastructure in Pakistan
Jamil Ahmad Qureshi, Director General, Board of Investment, Pakistan*

objective: Demand for energy is growing rapidly in Pakistan on the back of a 2 percent annual population growth rate and
economic growth averaging 5.2 percent over the last five years. Natural gas is used to generate electricity, power industries and
supply residential homes, and reliance on rapidly declining domestic oil and gas resources has made Pakistan increasingly
dependent on imported fossil fuels. This has led to rising exposure to the volatility of international oil pricing and energy
insecurity. Shortage in gas supply has resulted in blackouts, shutdown of factories and interruptions to CNG supplies. With gas
shortfall expected at 4 BCF/d in 2019/20 and growing to 6.6 BCF/d in 2029-30, the Government has established two LNG import
terminals in Port Qasim, Karachi and is constructing gas pipelines to deliver imported gas to consumers. Pakistan’s LNG imports
are projected to triple the currently installed capacity and rise to 30 MT/year by the mid 2020’s. The government is welcoming
foreign direct investments from international private sector players to help develop new re-gas terminals and necessary pipeline
infrastructure.

12.00 – 13.00 Networking Lunch

13.00 – 13.20 Keynote 4 – Energy Transition, Climate Change and Geopolitics : Many Lives of Natural Gas and LNG
Narendra Taneja, Leading Energy Expert and National Spokesperson of the BJP, Bharatiya Janata Party.

Objective : Natural Gas today occupies a key space in all conversations on the energy transition, climate change and geo-politics
globally. Many countries, including large new economies like India and China, look upon Natural Gas as a potent tool to accelerate the
energy transition and fight global warming. The Question an whether imports should be via transnational pipelines or LNG tankers is a
topic of hot internal strategic debate at the headquarters of many governments in the world, including Germany, France, India and
China. No statesman, policy-maker, bureaucrat, diplomat and CEO in the world today can afford to ignore Natural Gas as a key element
in his or her thinking and policy process.

13.20 – 13.40 Keynote 5 – Mozambique LNG : New Supply for Asian Markets
Rajnish Goswami, General Manager LNG Marketing, Mozambique LNG, TOTAL

Objective: The long term need for new LNG supply to meet Asian demand going forward. The challenges in geting a major project
to Flame Ionization Detector and the critical success factors that allowed the Mozambique LNG Project to take Flame Ionization
Detector in 2019. Also to provide a project update on the progress with regard to construction activities on the Mozambique LNG
project.

Panel Discussion 2 – Supplying to Emerging Markets

13.40 – 15.00 Objective : The traditional North Asian markets of Japan, Korea, Taiwan, China represent almost 60 percent of global LNG demand.
However, competing fuels, new technologies, energy efficiency and market saturation are dampening growth in all the North Asian
markets except China. While China is expected to overtake Japan as the world’s largest LNG importer in 2019-20, other established
Asian buyers are also strongly boosting demand growth. Additionally, a new wave of emerging buyers such as Vietnam, Philippines, Sri
Lanka and Indonesia are beginning to look to LNG as a reliable source of energy to replace diminishing domestic gas resources and
support their rapidly growing economies.

Moderator: Asheesh Sastry, Managing Director & Partner, Boston Consulting Group
Panelist:
1. Khairul Faizi Mohamad, Head of Middle East, Africa, South Asia & South East Asia, Petronas LNG
2. Tetsuro Toyoda, Head of Trading Asia LNG, BP Singapore Pte Limited
3. Mark Abbotsford, Vice President Marketing, Trading and Shipping, Woodside Energy Ltd
4. Joi Lecznar, SVP of Public Affairs and Communication, Tellurian Inc.

15.00 – 15.15 Coffee Break

15.15 – 17.00 Panel Discussion 3 – LNG Supply and Demand in IndoPACIFIC Area
Objective: Asia is home to the economies that are underpinning and driving the growth of LNG imports, with China (48 MT in
2019), Pakistan and India being the fastest-growing. All will experience continued import growth during 2020-21. A key new
buyer in the region, Bangladesh, started importing LNG in 2018 and is already buying 8 MTPA. Buyers in the region continued t o
source primarily from a mix of Middle East and Asia-Pacific suppliers, have driven a recent, but probably short-lived, trend back
towards longer term contracts, and have kept downward pressure on prices. The US currently supplies 2-3 percent of Asian
demand, but this could grow to 15 percent by the middle of next decade.

Moderator : Vijay Krishnan, Managing Director, Rystad Energy Asia Pte. Ltd
Panelist:
1. Manish Tiwari, Chief Commercial Officer H Energy Gas Marketing Private Ltd, India
2. Mohammed Riyadh Ali, Managing Director, Intraco LNG Ltd
3. Ravi Mehrotra, Founder and Executive Chairman, Foresight Group, London
4. James Declan Delaney, VP Commercial & Business Development, ENI Indonesia Ltd.*
5. Pavilion Energy Pte Ltd*

17.30 – 20.00 Welcome Reception

*Invited
 3 – 4 March 2020, The Trans Hotel, Bali - Indonesia

Theme: SHAPING THE FUTURE

Preliminary Program
Updated 28 Jan 2020
Day Two, Wednesday, 4 March 2020

Time Description

09.00 – 09.20 Keynote 6 – Transformation in the Japanese LNG Market

Hiroki Sato, Senior Operating Officer, Business Development Department, JERA. Co. Inc

Objective : Deep transformations are underway in global natural gas markets, with China on track to take over from
Japan as the largest gas importing country this year. In mature importing markets of Japan, Korea and Europe, natural
gas demand is stagnating or declining. The traditional way of organizing the LNG market around long-term contracts,
pioneered by Japan and Korea, does not suit the emerging Asian buyers. These new buyers, who are more price
sensitive, want gas-indexed pricing and transparent trading. They also value flexible markets, which allow adjustment
of volumes, price risks and arbitrage opportunities. In this new market, US suppliers could be a good match and a
potential game changer given their size, risk profiles and willingness to discuss contract flexibility. How are these new
developments affecting the Japanese market?

09.20 – 09.40 Keynote 7 – Global Energy and LNG Perspective

Azam Mohammad, Senior Partner, McKinsey & Company

Objective : Energy systems around the world are going through the rapid transitions that will bring important
changes to the way we fuel our cars, heat our homes, and power our industries. These trends will have
widespread implications for businesses, governments, and individuals in the coming decades. We have it out
mission to help our clients navigate this energy transition. As a compass and tool to support these efforts, we
have created a fundamental and granular outlook on global energy systems. Our outlook is based on contribution
from hundreds of McKinsey experts from around the world, from fields including oil and gas, automotive,
renewable energy and basic materials.

Many of the trends that shape the future of energy are in reality driven by a multitude of local trends, which will
occur with different magnitudes and speeds in specific geographies and sectors. To capture the granularity, our
model offers a detailed outlook across 146 countries, 55 energy types and 30 sectors and then aggregates these
developments to establish a bottom-up global outlook as a basis for our insights.

09.40 – 10.00 Coffee Break

10.00 – 11.30 Panel Discussion 4 - Generation Y, Generation Z and the Human Capital in the Oil and Gas Industry
Objective: Despite mass layoffs triggered by the depressed oil market in 2014, the oil and gas industry is
experiencing a skills shortage with renewed growth in the deep subsea, petroleum engineering, unconventional
gas and LNG sectors. In fact, the biggest concerns for employers in the industry in considering the future are
reportedly skills shortages (30%), and economic uncertainty (24 percent). Australia, for example, currently has
US$90 billion worth of LNG projects under construction, with another US$100 billion at various stages of
development. To keep apace with demand, Australian employers have increased salaries in 2019 by 35 percent
from rates in 2018. The skills gap is further exacerbated by the different mindset and values of Gen Y and Gen Z,
and can pose a threat to the industry in an evolving, unpredictable marketplace. How must companies respond
to these new realities in their efforts to recruit, retain and professionally develop the best young talents?

Moderator: Juni Kuntari, Director, PT Transforma

Panelist:
1. Wempy Dyocta Koto, CEO & Founder, Wardour and Oxford
2. Sagar Goel, Boston Consulting Group
3. Xue Beiqun, Director of Human Resorces Department, Beijing Gas*
4. John Anis, General Manager, PT Pertamina Hulu Mahakam*
11.30 – 13.00 Networking Lunch

13.00 – 14.30 Panel Discussion 5 – Accelerating FSRU and Small/ Medium Scale LNG Deployments to Expand New Markets
Objective: The emergence of FSRU and smaller scale liquefaction plants plays an important role in the gas value
chain, particularly in maritime economies such as Indonesia. As technology develops and the unit costs of small-
scale liquefaction, storage and transportation plummets, small scale LNG will help to significantly expand the LNG
market to service distributed power grids and smaller scale city gas. In this session, panelists will share
information/ideas on capturing the opportunities and tackling the challenges inherent in developing these types
of projects.

Moderator: Ibnu Bramono, Client Development Manager, S&P Global Platts

Panelist:
1. Neil Semple, Principal, Energy Consulting, Asia-Pacific - Pöyry Energy Ltd.
2. Theo Lekatompessy, Chairman, PT Humpuss Intermoda Transportasi, Tbk.
3. Ken Sauer, Managing Director, Risco Energy Group Pte Ltd.
4. Young-Cheol Lee, Korea Institute of Industrial Technology*

14.30 – 14.45 Closing Remarks

*Invited