Past event

Conference

Middle East and North Africa Energy 2012

Investing for the Future in Turbulent Times

30 Jan 2012 - 00:00 to 31 Jan 2012 - 00:00

Chatham House, London

The oil and gas resources of the Middle East and North African region are crucial to meeting the world’s energy demand but many of the region’s states face the challenge of rapidly rising domestic energy consumption and a demographic and budgetary pressure to generate economic growth.  

Today, the region is rocked by popular unrest and faces a time of unprecedented upheaval. Established political dynamics are changing and rebalancing at a domestic, regional and international level. 

  • What are the implications of the Arab Spring for the future of global energy supplies?
  • How will the relationships between all those involved in the energy sector - governments, national oil companies, international oil companies and service companies - change as a result of the recent developments in the region? 

This conference will offer new perspectives on the complex political and social issues confronting the region. It will provide a unique platform for policy makers, governments, commentators and key industry figures to assess the current situation and ask what lies ahead.

Registration


  • HE Adnan al-Janabi MP

    • Chairman of Oil & Energy Committee
  • HE Engineer Ali bin Ibrahim Al-Naimi

    • Minister of Petroleum and Mineral Resources
  • HE Abdalla El-Badri

    • Secretary General
  • Farouq Al Zanki

    • Deputy Chairman and Chief Executive
  • Leonardo Bellodi

    • Executive Vice President Public Affairs
  • David Butter

    • Regional Director, Middle East and North Africa
  • Hakim Darbouche

    • Research Fellow
  • Bill Farren-Price

    • Chief Executive
  • Dr Charles Gurdon

    • Managing Director
  • Ali Hached

    • Senior Adviser to the Minister of Energy and Mines
  • Charles Hendry MP

    • Minister of State
  • Majid Jafar

    • CEO
  • Dr Bahgat Korany

    • Professor of International Relations and Political Economy
  • Jon Marks

    • Chairman
  • Ad Melkert

    • Former Special Representative of the United Nations Secretary-General for Iraq
  • Dr Robin Niblett

    • Director
  • Francis Perrin

    • Editorial manager, Arab Oil & Gas
  • Dr Paul Salem

    • Director, Carnegie Middle East Center
  • Dr Claire Spencer

    • Head, Middle East and North Africa Programme
  • Professor Jonathan Stern

    • Chairman and Senior Research Fellow, Natural Gas Research Programme
  • Rt Hon Jack Straw MP

  • Professor Paul Stevens

    • Senior Research Fellow, Energy, Environment and Development Programme
  • Frank Tétart

    • Associate Professor in Geopolitics
  • Ambassador C David Welch

    • President of Europe, Africa, Middle East

Unfortunately all allocated Press places have been filled. Applications for Press registration can no longer be accepted.

 

Crescent Petroleum

 ENI

If you are interested in becoming a sponsor for this event, please contact Zuzana Feachem on +44 (0)20 7957 5755 or email zfeachem@chathamhouse.org

African Energy


Argus Media

Energy Intelligence

Gulf State Newsletter

 

Iraq Updates

 

Menas Associates

 

Oil, Gas & Energy Law


Petroleum Africa

Thomson Reuters

Venue

Chatham House
10 St James's Square
London
SW1Y 4LE

Tel: +44 (0)20 7957 5700
Fax: +44 (0)20 7957 5710

Chatham House Location Map

Accommodation

Although we cannot book accommodation for delegates, we have arranged a reduced rate at some nearby hotels, where you can book your own accommodation. Please inform the hotel that you will be attending a conference at Chatham House (The Royal Institute of International Affairs) to qualify for the Institute's reduced rate.

Please note all rates are subject to availability.

Flemings Mayfair
Half Moon Street
Mayfair
London W1Y 7RA
Tel: + 44 (0)20 7499 2964
Fax: + 44 (0)20 7499 1817
Standard Single £180 + VAT

The Cavendish London
81 Jermyn Street
London
SW1U 6JF
Tel: + 44 (0)20 7930 2111
Fax: + 44 (0)20 7839 2125
Standard Single £200 + VAT

To book The Cavendish online

DAY 1 Monday 30 January 2012
09.30

Overview Session
Recent Developments and Outlook

  • A new political environment or business as usual?
  • How are the national infrastructures, chiefly the legal systems, reforming or adapting to change?
  • How are regional developments affecting the appetite to fund projects in the region?
  • What steps are the region’s governments taking to channel oil revenues to build national economic prosperity?
  • What are the implications of the recent regional changes for Iran’s role in the region? What are the implications for Iraq?

Chair   
Dr Robin Niblett
Director
Chatham House   

Speaker Panel
Dr Paul Salem
Director, Carnegie Middle East Center
Carnegie Endowment for International Peace

Dr Claire Spencer
Head, Middle East and North Africa Programme
Chatham House

Rt Hon Jack Straw MP
House of Commons, UK

Frank Tétart
Associate Professor in Geopolitics
The University of Geneva

Ambassador C David Welch
President, Europe, Africa & Middle East
Bechtel

10.30 – 10.50 Refreshments

Session One
The Region in the International Arena

  • How is the region’s domestic energy consumption affecting global supplies?
  • How will internal and external demand affect the region’s investment decisions?
  • What impact will the outcome of the current political turmoil have on governments' depletion policies in the region?
  • What effect is the International Energy Agency’s action to release its strategic stockpiles of oil to safeguard the global recovery having in the Middle East?
  • How far can OPEC safeguard the oil revenues of the region? Is the OPEC quota system dead or under terminal strain?
  • Will international oil companies (IOCs) be able to make significant investments?
  • What role for Middle East gas supplies in the context of the ‘Shale Gas Revolution’?

Chair   
Professor Paul Stevens
Senior Research Fellow, Energy, Environment and Development Programme
Chatham House

10.50  Opening Keynote Address
HE Engineer Ali bin Ibrahim Al-Naimi (on the record)
Minister of Petroleum and Mineral Resources
Kingdom of Saudi Arabia

Questions and discussion

Keynote Address
HE Abdalla El-Badri (on the record)
Secretary General
Organization of the Petroleum Exporting Countries

Questions and discussion

11.40  Speakers
Charles Hendry MP
Minister of State
Department of Energy and Climate Change

HE Adnan Al Janabi MP 
Chairman of Oil & Energy Committee
Iraqi Council of Representatives

Leonardo Bellodi
Executive Vice President Public Affairs
eni spa

Questions and discussion


13.15 – 14.15    Lunch

Session Two
North Africa: New Regimes and the Energy Sector 

  • Is the new generation of leaders representing the views of the broader population in national politics?  
  • How are the political and economic relationships of the new regimes developing within and outside the region? 
  • Egypt and Libya – what happens next? 
  • What implications do the recent developments have on international investment behaviour? 
  • Given the regional uncertainty, will IOCs be willing and able to access North Africa’s oil and gas reserves?
  • How has the refining sector been affected by recent developments and what investment opportunities are there?

Chair   
Dr Claire Spencer

Speakers
Christopher Segar
Middle East Analyst
International Energy Agency

Ali Hached
Senior Adviser to the Minister of Energy and Mines
Algeria

Dr Hakim Darbouche
Research Fellow
Oxford Institute for Energy Studies  

1500 - 15.30 Refreshments

Speakers
Dr Bahgat Korany
Professor of International Relations
American University in Cairo

Dr Charles Gurdon
Managing Director
Menas Associates Ltd

Jon Marks
Chairman
Cross-border Information Ltd

16.15 Moderated Discussion

17.00    End of Day One and Reception

 
DAY 2 Tuesday 31 January 2012
09.30

Session Three
Energy Perspectives from the Countries of the Gulf Cooperation Council 

  • Saudi Arabia was a prime mover in setting up the Gulf Cooperation Council: What are Saudi Aramco’s investment goals?  What challenges does Saudi Aramco face today? 
  • How is the domestic energy consumption in the GCC countries affecting global supplies? 
  • What are the short- and medium-term plans for investment in production expansion?  
  • What may be the role of alternative energy sources in maintaining oil exports?
  • What are the economic challenges to developing liquefied natural gas and gas to liquid? What investment sources are available?  
  • What role is there likely to be for foreign investment in the energy sector?
  • Is the role of sovereign wealth funds in managing revenues changing?

Chair   
Dr Paul Salem

Speakers
Farouq Al Zanki
Deputy Chairman and Chief Executive
Kuwait Petroleum Corporation

Majid Jafar
Chief Executive
Crescent Petroleum

Professor Paul Stevens


11.00 – 11.20    Refreshments


Professor Jonathan Stern
Chairman and Senior Research Fellow, Natural Gas Research Programme
Oxford Institute for Energy Studies

Dr Francis Perrin
Editorial Manager, Arab Oil & Gas
Arab Petroleum Research Center

Questions and discussion

12.30 – 13.30    Lunch

Session Four
Iraq 2012

  • What is the current status of Iraq’s hydrocarbon law? 
  • How will the disputes over Iraq’s reserves be resolved?  
  • What is the future of the Iraq National Oil Company and the status of Iraq’s pipelines?
  • What role will Iraq’s export revenues play in rebuilding its economy?
  • Has the role of IOCs in Iraq been affected by regional developments?


Chair
Bill Farren-Price
Chief Executive
Petroleum Policy Intelligence

Keynote Address
HE Adnan Al Janabi MP
Chairman of Oil & Energy Committee
Iraqi Council of Representatives

Questions and discussion

Speaker
Ad Melkert
Former Special Representative of the UN Secretary-General for Iraq

Panel discussion

David Butter
Regional Director, Middle East and North Africa
Economist Intelligence Unit

Majid Jafar

Frank Tétart

Ad Melkert
 

15.10 End of conference and Refreshments

© The Royal Institute of International Affairs 2011