The annual CIS Gas Monetisation conference explores the most economic and profitable utilisation of natural gas by converting it into diverse value-added products. The conference presents a clear picture of different gas conversion options according to the regional specifics including ammonia, methanol and derivatives production, fuels production (Fischer-Tropsch) and commodity chemicals production.
Natural gas is predicted to have a bright future. As the fastest growing fossil fuel, the estimates show that almost $9 trillion is expected to be invested by 2035 in providing future supplies of natural gas.
However, effective gas monetisation can still present a great number of challenges for project owners and oil and gas companies. The downward trends in energy prices led to limitations on capital expenditures on gas projects as companies focus on high-return projects with rapid paybacks. The favourability of using natural gas to produce various downstream chemicals and fuels depends on regional market dynamics and pricing.
Some of the major chemical and gas processing companies participate at the conference in search of the optimal gas monetisation schemes including Gazprom, Turkmengaz, Lukoil, Rosneft, EuroChem, Baltic Gas Chemical Company, National Chemical Group, United Chemical Company (Kazakhstan), Baltic Urea Plant and many others.
The conference will take place in Moscow’s most luxurious venue Four Seasons Hotel, a modern replica of the legendary Hotel Moskva, originally opened in 1935. Located in the historic district the hotel provides fantastic views of the Kremlin, Red Square and the colorful domes of St.Basil’s Cathedral.