Next Meeting: Tuesday, January 20th Dinner Meeting
LNG Update: In January, we will have an expert, Mickey Kwong, Senior Director, International Gas, at PIRA Energy, examine this fast changing marketplace. How did North America switch from a mega-size potential LNG importer to an industry-changing LNG net exporter within just a decade? He will provide the supply-demand basics: Areas that produce LNG (and why), as well as the countries that consume LNG (and why), and how LNG moves to its markets. Mickey will also offer details on the size and cost of a typical LNG project, including the political, country and economic risks involved. He will discuss the potential for new U.S. LNG export plant projects since the shale-induced domestic energy boom. The year 2015 will mark big changes for LNG: when the first LNG export project in the lower-48 United States goes online at Cheniere Energy’s Sabine Pass plant in Louisiana, and when the Panama Canal expansion project is completed. This should sharply reduce LNG transportation time and cost from the Gulf Coast and East Coast to distant markets in Asia and Europe, and threaten other well-established regional LNG exporters such as Algeria, Trinidad, Qatar, and Australia.
Speaker: • Mickey Kwong, Senior Director, International Gas Group at PIRA Energy Group, New York, NY.
Mickey Kwong is responsible for analyzing global gas pricing and market fundamentals, including business structures, demand, production, unconventional gas, and import as well as contributing to all of the International Gas Group’s reports. He has developed and maintains PIRA's LNG spot price calculator. He also co-authored PIRA's Globalization of Natural Gas multi-client study and he was project leader for the 2011 multi-client study Unconventional LNG: Monetizing North American Gas Exports.
Mickey has also authored single-client special studies on topics ranging from LNG procurement strategy, business models, unconventional gas in China, to long-term international gas market developments. From 1998 to 2006, he was an LNG/natural gas consultant at Poten & Partners, where he advised clients from the Americas, Africa, Asia, and Europe on pricing, demand, and price risk management. Mickey holds a B.B.A. in finance from Baruch College.
Topic: “LNG Update”
When: Tuesday, January 20, 2015, 5:30 - 7:30 pm (5:30-6:30 pm: Registration, Networking & Buffet Dinner; 6:30-7:30 pm: Program)
Where: Pfizer Building, 219 East 42nd Street, Manhattan. Map
Costs: for Networking, Buffet, and Program.
• Members of AIChE, Metro NY Section: $25; Non- Members: $35; Students (Undergraduates): free; Graduate Students: $10. Please register early, as space is limited. Reserve Now. Undergraduate Student RSVP.
Registration: ALL attendees MUST pre-register by Thursday, January 15th. Due to room size, the number of attendees may be limited, so a first come, first serve policy will be in effect. Reserve Now. Undergraduate Student RSVP.
Questions: Contact David Deutsch at email@example.com or call (917) 684-1659.
If you are not a Member of this Section, you can apply the $10 additional amount paid as a Guest to a full Membership for 2014-15. Please notify Treasurer Joel Kirman that you wish to be a Member. Register Now.
Save the Dates: 2015 Meeting Dates
Local Section Dinner Meetings at Pfizer Building, 219 East 42nd Street, Manhattan. (5:30 - 7:30 pm), unless otherwise noted. Generally, our section meetings are on the third Monday of the month (except when that Monday is a national holiday).
• Tuesday, Jan. 20: LNG Update. Speaker: Mickey Kwong, Senior Director, International Gas at PIRA Energy Group, New York, NY.
• Tuesday, Feb. 17. Topic and Speaker: to be determined.
• Thursday, Feb. 19. Engineers Week Celebration Dinner. 1 PDH expected. (AIChE, Metro NY is a sponsor of this dinner.) Topic: Engineering and Operation of the Large Hadron Collider, the largest instrument in the world. Venue: NYU Polytechnic School of Engineering, 6 Metro Center, Brooklyn, NY - Rogers Hall, Rm. 116.
Keynote Speaker: Dr. Philip Michael Tuts, Professor and Chair, Department of Physics, Columbia University. Bio. Details. Cost (for Dinner): $50. Mailed reservations and check required by February 12th. No "At Door" payment. There is no cost to just attend lecture.
• Monday, Mar. 16. Topic and Speaker: to be determined.
• Tuesday, Apr. 13. Topic and Speaker: to be determined.
• Tuesday, May 18. Topic and Speaker: to be determined.
• Tuesday, Jun. 15. Topic and Speaker: to be determined.