Market Forces that Influence the Price of Natural Gas
to 2015
Date: Thursday, April 17, 2008
Time: Registration 11:15 a.m., Luncheon 11:45 a.m., Speaker 12:15 p.m.
Location: The Fairmont Palliser Hotel, 133 – 9th Avenue SW
Cost: $36 Members and Guests,$18 Students,$12 ASAP
Guest Speaker: W.P. (Bill) Gwozd, P.Eng., Vice President Gas Services,
Ziff Energy Group
Ziff Energy’s private gas price pendulum model is based on projected changes to natural gas supply and demand fundamentals. The model examines drivers that influence the short term and long term supply and demand assumptions and provides a financial assessment of the impacts of each of those drivers. By assessing each supply and demand driver independently for each year of a forecast, the model indicates the relative significance of each driver and its impact on the gas price.
Downward price dampeners include: growth of LNG imports, growth of US Rockies gas, and other unconventional gas supply growth. Gas price upward drivers include: growth of gas demand for gas-fired power generation, decline in gas supply from Western Canada and the Gulf of Mexico, and growth of gas for Alberta oil sands production. Attendees will be shown the supply and demand outlooks for several key factors that are exerting an influence on the gas price. The resultant gas price outlook for Henry Hub and AECO to 2015 will be discussed.
To ensure adequate seating, please pre-register with the Calgary APEGGA Office at 262-7714 prior to Friday, April 11, 2008. Calgary Branch accepts Visa, MasterCard, or American Express for tickets sold prior to the day of the event.
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