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With the advent of the Shale Gale, coal and LNG have been viewed as competing fuel both within North America and globally. But are they competitors or colleagues as global markets balance decarbonization with economic electrification? Asia Pacific LNG demand is forecast to grow by 50% over the next decade contributing half of all global demand growth. Globally, over 230 MMtpa of LNG capacity and over 200 GW of new coal fired power generation is expected to be built over the next decade. Global markets for both coal and LNG appear to be marching towards greater commoditization and competition. Are there similarities and lessons to be learned from each or is coal so much less fungible than natural gas that it trades differently?
At the North American Export Coal and Gas Summit industry experts will examine and give their perspectives on these topics as well as discuss the markets, projects, challenges and strategies buyers and sellers need to know to successfully manage their businesses in the rapidly changing global coal and LNG industries.
Many view coal and gas as competitors, but as global markets for both fuels grow, and as North America becomes a significant supplier, those markets will continue to commoditize presenting new challenges and new opportunities. This video highlights the topics, panels and experts that will provide you with insight to leverage opportunities in the evolving global coal and LNG markets.
To maintain healthy volumes in 2020, U.S. coal exporters must meet the challenges of low international prices, global trade disputes, cracks in demand outside China and weakness in the Atlantic region. Meanwhile, global coal producers struggle to respond to high prices with increased production. How will these dynamics transpire going forward? This event will help answer these critical questions:
North American LNG exports are expected to almost double over the next three years, as the “Shale Gale” goes global. While this should drive down prices, North American gas supply is increasingly driven by an inverse price relationship between Henry Hub and West Texas Intermediate. How do buyers and sellers navigate in a global gas market experiencing such massive change and growth? Our speakers will address that primary concern and more:
Xcoal Energy & Resources is a privately owned global coal marketing and logistics company headquartered in Latrobe, Pennsylvania (USA). Ernie Thrasher and Jack Porco are part of a 75-person team with a “customer first” mentality spread throughout 16 global offices.
Xcoal specializes in marketing metallurgical, thermal, and anthracite coals from the U.S., Canada, Australia, and Indonesia, among others. Innovative and creative logistical processes support 2017 export volumes of nearly 22 million metric tonnes. Specifically, the internationally recognized ‘top off’ operation which maximizes vessel efficiencies demonstrating the long-term sustainability and completeness of U.S.A. origin coals in the global market place.
Xcoal is involved in coal mine development, financing, and related infrastructure projects and are actively pursuing investment opportunities in the global coal supply chain in addition to directly marketing metallurgical coke within Europe.
XLNG Energy & Resources was developed to market and deliver alternative forms of energy to the global marketplace. XLNG has access to abundant Marcellus- and Utica-basin shale gas supply in close proximity to developing LNG liquefaction plants.
This venture complements Xcoal’s current coal marketing business as many of these coal customers are also consumers of LNG. XLNG is building on Xcoal’s current marketing infrastructure and commercial relationships, while utilizing a well-established and successful business model.
We are confident in proposing value to LNG customers and plan to deliver competitive LNG to customers in the global marketplace through strong supply and logistics partnerships. As we have established in our international coal export business, we will build on our track record of reliable service & consistent supply as we develop our LNG business.
Learn more: www.xcoal.com
T. Parker Host is a total solutions provider for the maritime industry, specializing in agency services, terminal operations, stevedoring and marine assets. Founded in 1923, the company has developed a strong reputation for its expertise, transparency and high standards of service. The company has more than 30 locations and is the largest bulk agent in the United States. With an experienced, solutions-oriented team and a data-driven approach, Host is creating new supply chain efficiencies and delivering REAL solutions to the marketplace, shifting the transportation paradigm for bulk and breakbulk cargoes in the 21st century.
Learn more: www.tparkerhost.com
Growing LNG flows and counterparties, combined with de-correlated LNG, gas and oil pricing, is dramatically increasing LNG trading’s workload and complexity. Consequently, LNG players’ traditionally time-consuming bilateral/tender negotiations face severe pressure.
GLX’s proprietary LNG trading platform exposes members to real-time LNG market sentiments, established directly between buyers and sellers. Bids, offers and trades on GLX can be priced against any of the commonly-used LNG/gas indices and currencies, or fixed-price. The platform facilitates trades tailored to players’ transparency and counterparty acceptance requirements.
GLX Platinum members can also harness the platform privately and securely. Companies can manage their LNG transactions, exposures and information in a real-time user-friendly and compliant venue, with ongoing GLX support.
GLX is a proven LNG transaction platform for trading physical LNG cargoes, having hosted live trades with a value of more than ~US$250mln in aggregate. The company was founded, and is led, by professionals with extensive international LNG experience in senior roles with major energy firms.
Learn more: https://glx-lng.com
SAI and SAI Gulf have operations in all major East and Gulf Coast ports – including Baltimore, Newport News, Norfolk, Mobile, Houston and multiple locations on the lower Mississippi River. In addition to its services to the seaborne coal trade, SAI is a well-known consultant on mechanical sampling system applications.
All members of the Incolab Group are family owned and have a well-earned reputation for fast personalized service.
Learn more: www.samplingassociates.com
The New York Coal Trade Association is a fraternal organization that brings coal executives together for events and recreation. Our objective is the development and promotion of the production, utilization, and distribution of coal through the good fellowship of industry executives. The association provides a forum to bring key industry executives together in both formal and informal settings, such as banquets and golf outings. We strive to maintain the highest caliber of membership to ensure the fraternity and companionship needed to achieve the association’s objective. Members are only selected from individuals actively participating in the coal trade or those industries serving it. Our past membership reads like a “Who’s Who” of the coal industry, and nearly 500 coal industry executives have had the privilege of membership in the association since its founding.
Learn more: www.newyorkcoaltrade.com
CoalShastra is a B2B trading platform for coal & solid fuels buyers & sellers. With almost 2000 clients from 35 industrial segments across 26 States & around 800 suppliers, we are India’s largest sourcing platform for coal & solid fuels.
Visit us at www.coalshastra.com
McCloskey from IHS Markit provides critical intelligence and analysis on the global seaborne coal markets, including industry-leading proprietary benchmark markers that serve as the settlement price in 90% of the world’s coal-derivative contracts. Get daily and weekly coal price markers from the major international seaborne coal markets supported by in-depth, transparent and respected market reports. Understand the dynamics that shape regional coal markets around the world.
Learn more at www.ihsmarkit.com
Oil Price Information Service (OPIS) believes there should be complete price transparency across the oil supply chain so that all stakeholders can buy and sell petroleum products confidently. We provide that transparency through educational courses, software tools, real-time news and pricing services, and market-specific benchmark pricing reports. Being a reliable information source with world-class customer service is important to us, as it helps fulfill our mission to enable customers to make smarter, more informed decisions. Navigating oil price volatility is tough – OPIS strives to make it a little easier.
Learn more at www.opisnet.com