Past event

Conference

Middle East and North Africa Energy

Power, Security and Energy Markets

25 Jan 2016 - 09:30 to 26 Jan 2016 - 13:30

Chatham House, London

The complex political and security landscape in the Middle East and North Africa combined with low oil prices presents unprecedented challenges for policy-makers, even in the context of the region’s turbulent recent history.

The persistent threat of ISIS, internal conflicts in North Africa that threaten to spill over into neighbouring countries, regional leadership and succession issues, and the risk of increasingly politicised energy policies have added to the uncertainty among investors in the region’s energy sector. Additionally, the breakthrough nuclear deal with Iran has major implications for global energy markets and regional power balances.

This conference will bring together policy-makers, oil industry leaders and experts to assess the political and security dynamics in the MENA region, and the developments in energy markets and upstream investment that are shaping the regions political and economic fortunes.

The Chatham House Rule 
To enable as open a debate as possible, this conference will be held under the Chatham House Rule.

Twitter 
Suggested hashtag: #CHMenaEnergy

Pricing

For any questions about which rate applies to you, please call +44 (0) 20 7957 5727

                       FULL RATE
 EXCL. VATINCL. VAT
Major corporate member rates  
All organizations£645£774
Corporate member rates  
Commercial organizations£1,390£1,668
Government departments£820£984
NGOs and academics£540£648
Standard rates  
Commercial organizations£1,535£1,842 
Government departments£920£1,104
NGOs and academics£595

£714

Monday 25 January

Overview | Energy Markets, Political Developments and Security Challenges
09:20 - 10:50 

Chair's opening remarks
Dr Robin Niblett, Director, Chatham House 

Opening addresses
HE Abdalla Salem El-Badri, Secretary General, OPEC (on the record)
Claudio Descalzi, CEO, Eni (on the record)

  • What is going to happen to oil prices? Are we heading towards a new normal?
  • How are supply and demand drivers in oil markets likely to change? Will anticipated increases in global oil production be matched by rising demand or does the world face a prolonged oil glut?
  • How are key points of regional insecurity and political uncertainty, including the ongoing conflict with ISIS, affecting the region’s energy sector?
  • To what extent and in what ways are oil markets linked to political instability across the region? Is this connection downplayed by market actors?
  • In what ways will the Iran nuclear deal affect the geopolitics of the region? How can Iran revive its oil and gas sector in the current market?
  • What will be the effect of the Zohr gas discovery in Egypt on the overall energy picture in the region and what might the economic and political repercussions be?

Moderator
Dr Robin Niblett, Director, Chatham House

Panellists
HE Abdalla Salem El-Badri, Secretary General, OPEC
Claudio Descalzi, CEO, Eni
Jane Kinninmont, Deputy Head and Senior Research Fellow, Middle East and North Africa Programme, Chatham House
Carlos Pascual, Senior Vice President, Global Energy, International Affairs, IHS

Questions and discussion

10:50 - 11:20 Refreshments


Session One | Economic and Political Environment in the Middle East
11:20 - 13:20

Chair
Dr Valérie Marcel, Associate Fellow, Energy, Environment and Resources, Chatham House 

Keynote address
HE Dr Mohammed Bin Saleh Abdulla Al-Sada, Minister of Energy and Industry, State of Qatar (on the record)

Questions and discussion

Panel Dicussion - Regional Economic Outlook

  • What impact would sustained low oil prices have on national budgets in the region? How would policies to increase economic diversification and employment be affected, particularly in the context of countries with long-established subsidies?
  • Is there sufficient appetite for economic reform within the current political climate? In what ways could wider societal changes, such as the growth of young populations across the Gulf, affect government responses to economic challenges? 

​​Moderator
Dr Valérie Marcel, Associate Fellow, Energy, Environment and Resources, Chatham House

Panellists
Masood Ahmed, Director Middle East and Central Asia Department, IMF​
Dr Falah Alamri, Director General , Oil Marketing Company (SOMO), and Iraq Governor for OPEC
Nourah Al-Yousef, Associate Professor of Economics, King Saud University

Questions and discussion

Panel Discussion - Politics, Policy and Energy Markets

  • How are policy priorities for Middle East oil exporters likely to evolve?
  • Is the oil sector at risk of becoming increasingly politicized?
  • Amid ongoing political transformation and the risk of political fragmentation in some parts of the region, can the Middle East continue to meet the demands of the global energy market?

Moderator
David Butter, Associate Fellow, Middle East and North Africa Programme, Chatham House

Panellists
Karwan Jamal Tahir, High Representative to the United Kingdom, Kurdistan Regional Government
Dr Patrick Allman-Ward, CEO, Dana Gas
Dr Sadad Al-Husseini, President, Husseini Energy and Senior Energy Advisor to the King Faisal Center for Research and Islamic Studies

Questions and discussion

13:20 - 14:30 Lunch

Chair
Neil Hume, Commodities Editor, Financial Times

Keynote address
HE Dr Ibrahim El Ibrahim, Economic Advisor to HH the Emir, State of Qatar

Questions and discussion


Session Two | Oil and Gas – Upstream Investment and Opportunities
14:50 - 16:10 

  • In an increasingly competitive landscape, due to continuing low oil prices and emerging market players, how can the Middle East compete globally to secure upstream investment? 
  • Do international oil company (IOC) business models need to change and how might new ways of working affect the regional energy sector?
  • What challenges must be overcome to encourage investment into upstream oil and gas infrastructure in the region?

Chair
Neil Hume, Commodities Editor, Financial Times

Speakers
Ian MacDonald, Vice President, Chevron Europe, Eurasia and Middle East Exploration and Production
Professor Paul Stevens, Distinguished Fellow, Energy, Environment and Resources, Chatham House
Dr Michal Meidan, Associate Fellow, Asia Programme, Chatham House
Kamel Ben Naceur, Director, Sustainability,Technology and Outlooks, International Energy Agency

Questions and discussion
 
16:00 - 16:30 Refreshments


Session Three | Iranian Developments and Prospects
16:30 - 17:30

  • How will the nuclear deal between Iran and the P5 +1 affect regional power and influence and what are the implications of this economically and politically?
  • What can Iran do to ensure the business environment is conducive to secure sufficient investment from IOCs in its oil sector, and what terms will need to be on the table? 
  • How fast can Iran bring its infrastructure up to speed to revive and expand the country’s upstream sector?
  • How will Iran fare in the face of competition from other exporters in the region? What are the factors that may hinder the development of its oil sector?

Moderator
Neil Quilliam, Acting Head, Middle East and North Africa Programme, Chatham House

Panellists
Sir Richard Dalton, Associate Fellow, Middle East and North Africa Programme, Chatham House 
HE Dr Ali Majedi, Ambassador to Germany, Islamic Republic of Iran, and Deputy Oil Minister of International Affairs (2013-14)
Dr Sanam Vakil, Associate Fellow, Middle East and North Africa Programme, Chatham House
Dr Elham Hassanzadeh, Managing Director, Energy Pioneers and Visiting Fellow, OIES 

Questions and discussion

17:40 End of day one and reception hosted by Chatham House 

 

Tuesday 26 January

Session Four | Beyond a Fossil Fuel Dependent Economy
 09:30 - 11:00

  • How will the climate change agreement at COP21 affect energy policies across the Middle East?
  • How can technical challenges in developing renewable sources, such as grid capacity and energy output predictions, be improved, and what needs to be overcome to achieve this? 
  • What policy mechanisms are available to promote renewable energy? How can policy developments, such as an improved regulatory framework, encourage investment from the private (finance) sector?
  • With significant investment in nuclear power in Saudi Arabia, what is the role of nuclear in the future energy landscape in the MENA region and what challenges does it face?

Chair
Dr Nicholas Howarth, Research Fellow, KAPSARC

Keynote Speaker
HE Hashim Yamani, President, King Abdullah City for Atomic and Renewable Energy 

Questions and discussion

Speakers
Roula Majdalani, Director, Sustainable Development and Productivity Division, Economic and Social Commission for Western Asia, UN
Glada Lahn, Senior Research Fellow, Energy, Environment and Resources, Chatham House 
Dr Rabia Ferroukhi, Deputy Director, Knowledge, Policy and Finance, International Renewable Energy Agency
Dr Naif M Alabbadi, Director General, Saudi Energy Efficiency Centre

Questions and discussion

11:00 -  11:30 Refreshments


Session Five | North Africa: Security, Stability, and Investment
11:30 - 13:00

Chair
John Hamilton, Director, Cross-border Information 

Keynote Speakers
Mustafa Sanallah, Chairman, National Oil Corporation, Libya 
Yiorgos Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism, Cyprus

Questions and discussion

  • What is the political and security outlook in North Africa? To what extent is political instability in Libya and Egypt likely to spill over to neighbouring countries? 
  • What does the potential revival of Egypt’s upstream sector mean for the region’s energy market? What are the implications for the development and export of gas from other sources in the East Mediterranean?
  • How are security concerns affecting energy investment in the region? In what ways do demographics and governance impact investment decisions in the energy sector? How might environmental and social issues be considered in long-term investment decisions?
  • What is the potential in North Africa for renewable energy and what can be done to support its development?

Moderator
John Hamilton, Director, Cross-border Information

Panellists
Haim Malka, Deputy Director and Senior Fellow, Middle East Program, Center for Strategic and International Studies 
Mona Sukkarieh, Co-founder, Middle East Strategic Perspectives
David Butter,​ Associate Fellow, Middle East and North Africa Programme, Chatham House

Questions and discussion

13:00 End of conference and lunch


© The Royal Institute of International Affairs 2016

 

 

 

 

 

 

 

Keynote Speakers

Speakers

Masood Ahmed to speak at Chatham House MENA Energy 2016 conference

Masood Ahmed

Director, Middle East and Central Asia Department, IMF

Dr Naif M Alabbadi to speak at Chatham House MENA Energy 2016 conference

Dr Naif M Alabbadi

Director General, Saudi Energy Efficiency Centre

Dr Falah Alamri to speak at the MENA Energy 2016 conference

Dr Falah Alamri

Director General, Oil Marketing Company (SOMO) and Iraq Governor for OPEC

Sadad Al-Husseini to speak at Chatham House MENA Energy 2016 conference

Dr Sadad Al-Husseini

President, Husseini Energy, and Senior Energy Advisor to the King Faisal Center for Research and Islamic Studies

Dr Patrick Allman-Ward to speak at the Chatham House MENA Energy 2016 conference

Dr Patrick Allman-Ward

CEO, Dana Gas Group

Dr Nourah Al-Yousef

Associate Professor of Economics, King Saud University

Dr Kamel Ben Naceur to speak at Chatham House MENA Energy 2016 conference

Kamel Ben Naceur

Director, Sustainability, Technology and Outlooks, International Energy Agency

David Butter to speak at the Chatham House MENA Energy 2016 conference

David Butter

Associate Fellow, Middle East and North Africa Programme, Chatham House

Sir Richard Dalton to speak at Chatham House MENA Energy 2016 conference

Sir Richard Dalton

Associate Fellow, Middle East and North Africa Programme, Chatham House

Robin Dunnigan to speak at the Chatham House MENA Energy 2016 conference

Robin Dunnigan

Deputy Assistant Secretary for Energy Diplomacy, Bureau of Energy Resources, US Department of State

Dr Rabia Ferroukhi to speak at Chatham House MENA Energy 2016 conference

Dr Rabia Ferroukhi

Deputy Director, Knowledge, Policy and Finance, International Renewable Energy Agency

John Hamilton to speak at the MENA Energy 2016 conference

John Hamilton

Director, Cross-border Information

Elham Hassanzadeh to speak at Chatham House MENA Energy 2016 conference

Dr Elham Hassanzadeh

Managing Director, Energy Pioneers and Visiting Fellow, OIES

Dr Nicholas Howarth

Research Fellow, KAPSARC

Neil Hume

Commodities Editor, Financial Times

Jane Kinninmont

Deputy Head and Senior Research Fellow, Middle East and North Africa Programme, Chatham House

Glada Lahn

Senior Research Fellow, Energy, Environment and Resources, Chatham House

Ian MacDonald

Vice President, Chevron Europe, Eurasia and Middle East Exploration & Production

Roula Majdalani to speak at Chatham House MENA Energy 2016 conference

Roula Majdalani

Director, Sustainable Development and Productivity Division, Economic and Social Commission for Western Asia (ESCWA), United Nations

HE Dr Ali Majedi

Ambassador to Germany, Islamic Republic of Iran and Deputy Oil Minister of International Affairs (2013-14)

Haim Malka to speak at the Chatham House MENA Energy 2016 conference

Haim Malka

Deputy Director and Senior Fellow, Middle East Program, Center for Strategic and International Studies

Dr Valérie Marcel

Associate Fellow, Energy, Environment and Resources, Chatham House

Michal Meidan to speak at Chatham House MENA Energy 2016 conference

Dr Michal Meidan

Associate Fellow, Asia Programme, Chatham House

Dr Edward Morse to speak at Chatham House MENA Energy 2016 conference

Dr Edward Morse

Global Head of Commodities, Research, Citigroup

Dr Robin Niblett

Dr Robin Niblett

Director, Chatham House

Carlos Pacual to speak at Chatham House MENA Energy 2016 conference

Carlos Pascual

Senior Vice President, Global Energy, International Affairs, IHS

Neil Quilliam to speak at Chatham House MENA Energy 2016 conference

Dr Neil Quilliam

Acting Head, Middle East and North Africa Programme, Chatham House

Professor Paul Stevens

Professor Paul Stevens

Distinguished Fellow, Energy, Environment and Resources, Chatham House

Mona Sukkarieh to speak at Chatham House MENA Energy 2016 conference

Mona Sukkarieh

Co-founder, Middle East Strategic Perspectives

Karwan Jamal Tahir to speak at Chatham House MENA Energy 2016 conference

Karwan Jamal Tahir

High Representative to the United Kingdom, Kurdistan Regional Government

Dr Sanam Vakil to speak at the Chatham House MENA Energy 2016 conference

Dr Sanam Vakil

Associate Fellow, Middle East and North Africa Programme, Chatham House


 

Sponsored by

Chevron

Eni to sponsor Chatham House MENA Energy 2016 conference
  Shell to sponsor Chatham House MENA Energy 2016 conference

If you are interested in becoming a sponsor for this event, please contact Amy Wevill on +44 (0) 20 7957 5732 or email awevill@chathamhouse.org

Media partners

African Energy logo

Argus to partner with Chatham House on the MENA Energy 2016 conference

BMI Research media partner of Chatham House MENA Energy 2016 conference
 

Gulf State News logo
 


MEES Media Partner of MENA Energy 2016 conference

 


 

If you are interested in becoming a media partner for this event, please contact Amy Smith on
+44 (0)20 7957 5755 or email asmith@chathamhouse.org

Venue

Chatham House
10 St James's Square
London
SW1Y 4LE
UK
conferences@chathamhouse.org

Telephone: +44 (0)20 7314 2785
Fax: +44 (0)20 7957 5710

If you wish to book the venue for your own event please phone +44 (0)20 7314 2764

Directions
The nearest tube station is Piccadilly Circus which is on the Piccadilly and the Bakerloo Underground lines. From Piccadilly follow Regent Street southwards towards Pall Mall and take the first road on the right called Jermyn Street. Duke of York Street is the second road on the left and leads to St James's Square. Chatham House is immediately on your right.

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 - W1J 7BH

Tel: + 44 (0)20 7499 2964
Fax: + 44 (0)20 7499 1817

Standard Single from £195 + VAT

The Cavendish London
81 Jermyn Street
London - SW1Y 6JF

Tel: + 44 (0)20 7930 2111
Fax: + 44 (0)20 7839 2125

Standard Single £205 + VAT

Book The Cavendish online

The Stafford London 
St James's Place
London - SW1A 1NJ

Tel: 020 7518 1125
Fax: 020 7493 7121

Standard Single £235 +VAT

The Savoy London
Strand
London - WC2R 0EU

Tel: 020 7836 4343
Fax: 020 7240 6040 

Standard Single £250 +VAT

This conference will be held under the Chatham House Rule. Information for journalists.

Press can request a press pass.