
8:30 – 9:00 a.m.
Continental Breakfast
9:00 – 9:15 a.m.
Day 1 Review
9:15 – 10:00 a.m.
Transportation Logistics: Getting to the End User
This session discusses how NGLs and LPGs are moved to end use markets beyond the hubs and why shipping options are limited for these products. Topics include:
- Trains, pipes and trucks – which products can be shipped by railcars and trucks and which cannot.
- How this affects where customers are located and the impact logistics can have on the physical price curve when supply is tight.
- What major companies are in this part of the business.
- Project economics – the “pipeliner’s curse.”
10:00 – 10:30 a.m.
Refreshment Break
10:30 – 11:15 a.m.
End Use Markets: Petrochemicals
Besides gasoline blending, the largest markets for gas liquids in North America are the ethylene industry and the retail propane business. This session introduces you to the economics of ethylene production and how petrochemical operations drive the markets in the U.S. Gulf Coast and beyond when new LPG exceeds global demand in traditional markets. Learn about:
- The ethylene industry – total capacity, types of plants and downstream markets.
- Ethylene production economics – how feedstock decisions are made.
- The trends in gas liquids demand in the petrochemical sector and how low gas prices in the Middle East are affecting North American ethylene producers.
- Selling to “petchems” – how is it different from dealing with refineries?
11:15 a.m.
Box Lunch and Enterprise Site Tour
4:00 – 5:00 p.m.
Cocktails with the Instructor