supported by - Caspian Center for Energy and Environment

 July 6-­‐20, 2013 supported by BSES 2013 PROGRAM JULY 6, SATURDAY 19:30 20:00 ARRIVALS AND REGISTRATION Welcome Reception at Retro Resort, Bilgeh Hosted by: Ambassador Hafiz Pashayev Rector of ADA and Deputy Minister of Foreign Affairs Musical Performance: Jazz, Mugham and National Dance JULY 7, SUNDAY 10:00 Luncheon Old City Tour: On the Footsteps of Oil Barons “Old Baku” Restaurant 14:00 Field trip to Bibi-­‐Heybat oil fields JULY 8, MONDAY FUNDAMENTALS OF ENERGY Lead Instructor: Mr. Christian Guéritte, Total Professeurs Associés This session will be devoted to the geological aspects of oil and natural gas production. The session will discuss conventional methods and supply trends, as well as the expanding unconventional oil and gas production. As producing fuel in unconventional ways becomes a heavier burden on the environment, the discussions will also focus on cutting edge technological developments and their environmental implications. Greetings and opening remarks Ambassador Hafiz Pashayev Rector of ADA and Deputy Minister of Foreign Affairs Mr. Khalik Mammadov Vice-­‐president of HR, IT and Regulations, SOCAR Morning Session Hydrocarbon Cycle: Formation, Exploration, Transportation and Consumption 2 Coffee Break Unconventional Hydrocarbons: Blessings of Technology and Problems of Environment Luncheon Afternoon Session Historical Milestones in the Development of the Caspian Hydrocarbon Resources: Personal Anecdotes of a Legendary Geologist Guest Speaker: Mr. Khoshbakht Yusifzadeh Vice President of SOCAR on Geology, Geophysics and Field Development JULY 9, TUESDAY ENERGY ECONOMICS Lead Instructor: Dr. Neil Carmichael, Senior Advisor, Shell Exploration and Production Energy markets are extremely volatile. Oil is the most volatile commodity sold. As the largest input in the world economy, these swings have tremendous influence over global economic trends. The wild gyrations of 2008 are well remembered. How much of the oil and gas price could be explained by changes in the fundamentals of demand and supply? What about the share of geopolitical factors and speculators’ investments? This session will cover the determinants of energy prices as well as the effects of such fluctuations on the global economy. Morning Session Structural Factors Affecting Supply and Demand: Global Economic Growth, Technology, Reserves and Environment Coffee Break Short and Medium Term Oil Price Projections Afternoon Session Long-­‐Term Oil and Gas Scenarios: 2050 Guest Speaker: Ambassador Steven Mann Senior Councelor for International Affairs, ExxonMobil 3 JULY 10, WEDNESDAY REVENUE AND RESOURCE MANAGEMENT Lead Instructor: Mr. Giacomo Luciani, Princeton University Despite the inflow of huge amounts of hard-­‐to-­‐find hard currency, oil-­‐abundant economies have traditionally tended to perform worse than countries without substantive energy resources. Some scholars have argued that the source of the problem is not the huge amounts of money inflows per se, but the wild fluctuations between boom and bust cycles and/or dependence on a single commodity. Energy export revenue management and ways to avert the “resource curse” are the main topics covered today. Morning Field Trip Sangachal Oil Terminal and Baku-­‐Tbilisi-­‐Ceyhan Pipeline (Group I) Luncheon Afternoon Session The Resource Curse: Myth or Reality? Coffee Break Security, Political and Social Effects of Resource Abundance Evening Program ADA Majlis: Energy Debates in the Periphery of Baku Summer Energy School (A televised forum of analytical discourse, a joint venture between ADA and Public TV) 4 JULY 11, THURSDAY ENERGY LAW Lead Instructor: Dr. Stephen Dow, University of Dundee, Centre for Energy, Petroleum, Minerals Law and Policy Legal frameworks are of significant importance in the exploration and production of energy resources. Producing states and investing companies chose between different legal options: production sharing agreements, concessions, etc. Each framework has different economic and political implications. Companies and governments rarely agree on an optimal solution. Today’s session will discuss the nature of the major types of energy contracts. The subject will be explored both from the foreign investor’s and the host country’s viewpoints. Morning Field Trip Sangachal Oil Terminal and Baku-­‐Tbilisi-­‐Ceyhan Pipeline (Group II) Luncheon Afternoon Session The General Principles of International Law and Oil /Gas Contracts Coffee Break Main Types of Energy Contracts: PSAs, Concessions, etc. 5 JULY 12, FRIDAY ENERGY AND ENVIRONMENT Lead Instructor: Mr. Stefano Danieli, Director, Baku Waste to Energy Plant Energy production and consumption tremendously affects environment in a negative way. Fossil fuels are the largest greenhouse gas emitters in the world, contributing 3⁄4 of all carbon, methane and other green-­‐ house gas emissions. Given the failed attempts at global environmental regulations, there is still a lot of uncertainty about the future. This session will be dedicated to the emerging regimes and agreements for addressing climate change and their projected impact on the patterns of energy use. It will also look at technologies with the potential to influence the outcome. Morning Field Trip Contemporary Trends of Waste to Energy Plant Coffee Break Waste Management in Baku and Recent Developments Mr. Zakir Ibrahimov, Chairman of Executive Board of “Tamiz Shahar” JSC Luncheon Afternoon Session The Effects of the Global Climate Change on the Caspian Basin Guest Speaker: H.E. Huseyngulu Bagirov Minister of Ecology and Natural Resources, Republic of Azerbaijan Coffee Break Voluntary Program Electricity in Azerbaijan: Production, Distribution and Export Mr. Rafael Abbasov, Head of Strategy and Planning, AzerEnergy Evening Program Cocktail Reception in a Historic Oil-­‐Workers’ Pub JULY 13, SATURDAY CULTURAL AND LEISURE PROGRAM Field trip to Gobustan and Mud Volcanoes 6 JULY 14, SUNDAY CULTURAL AND LEISURE PROGRAM Field trip to Guba (Voluntary) JULY 15, MONDAY INTERNATIONAL POLITICS OF ENERGY -­‐ I Lead Instructor: Dr. Brenda Shaffer Professor, University of Haifa The session will examine the use of energy resources as a means to promote political and security goals and peace. Particularly, it will discuss whether there is an “oil weapon” and a “natural gas weapon.” The sessions will look at the conditions under which supply relationships are vulnerable to political use. It will also study the attempts to use energy infrastructures as tools for conflict resolution, including the so-­‐
called “peace pipelines.” Morning Session Global Energy Security and Energy Politics of Major Powers Coffee Break Energy As a Tool of Foreign Policy Luncheon Afternoon Session Managing Wealth Funds in Resource Rich Countries Guest Speaker: Mr. Shahmar Movsumov Executive Director, State Oil Fund of Azerbaijan (SOFAZ) Coffee Break Simulation Negotiating A Natural Gas Deal 7 JULY 16, TUESDAY INTERNATIONAL POLITICS OF ENERGY – II Lead Instructor: Mr. John Roberts, Energy Security Specialist The second part of the session will discuss the topic from the perspective of energy producing, consuming and transit states. The session will also analyze the foreign policy patterns of oil and gas exporters and the role of energy in the policies of a number global and regional powers. Morning Session Politics of Foreign Direct Investment into Energy Sector Coffee Break Oil and Military Conflicts Luncheon Afternoon Session Caspian Hydrocarbon Resources: Expectations and Reality Guest Speaker: H.E. Natig Aliyev Minister of Energy and Industry, Republic of Azerbaijan Coffee Break Voluntary Program Natural Gas for Central Europe: Alternative Sources, Alternative Pipelines Ms. Leonela Lenes, Research Fellow, Energy Security, EURISC, Romania 8 JULY 17, WEDNESDAY STRATEGIC MANAGEMENT IN THE ENERGY INDUSTRY: INTERNATIONAL VS. NATIONAL OIL COMPANIES Mr. Karl Petter Waern, Leading Negotiator, Statoil State Oil Company of Azerbaijan Republic (SOCAR) is the largest indigenous economic entity in the Caucasus. In recent years SOCAR has expanded its activities beyond the borders of Azerbaijan. It has invested heavily in the neighboring Georgia and is planning to operate oil refineries in Turkey and Romania. How should this newly emerging multinational energy company devise its strategy? How should it allocate its resources between domestic and international investments, and between different economic sectors? What is the role of SOCAR in the formation of Azerbaijan’s energy polices? These are the questions this session will study. Morning Session Strategy Development in a Major Oil Company: From a National Oil Company To an International Oil Company – The Journey Coffee Break A Primer On Negotiation Theory: How the Theory Works in Practice Luncheon Sustaining Competitive Advantage in a Changing Global Environment: Assessment and Formulation of Strategy for SOCAR Guest Speaker: Mr. Elshad Nassirov Vice President, State Oil Company of the Azerbaijan Republic (SOCAR) 9 JULY 18, THURSDAY CASPIAN ENERGY I: ENERGY COMPANIES’ PERSPECTIVE The Caspian Basin is a focal point in the global energy security discourse. Its vast gas and oil resources and strategic location attract attention in Europe, the US and China. After the Gulf and Siberia, the Caspian could hold the largest oil and gas reserves in the world. It has also been the area of the first major oil pipeline connecting the former Soviet Union to the West bypassing Russia. With its potentially huge untapped energy resources and capacity to become a more important player in the global energy security, the Caspian occupies a central stage in international political and economic agenda. Today’s session is devoted to this region. Morning Session Geology of the Caspian Basin: Opportunities and Challenges Ms. Arzu Javadova Team Leader, Azerbaijan Exploration, BP Coffee Break Russian Gas Export Policy: Between Europe and Asia Dr. Tatiana Mitrova Head of Oil and Gas Department Energy Research Institute of the Russian Academy of Sciences The Future of Caspian Energy: the Perspectives of a Transit Country Ms. Liana Jervalidze Advisor Georgian Oil and Gas Corporation Luncheon Afternoon Session Securing TAP’s bid for the Southern Gas Corridor: Non-­‐technical Issues and Risks Mr. Rikard Scoufias Country Manager for Greece, Trans Adriatic Pipeline Evening Program Mangal-­‐Barbecue: Roundtable discussion with oil company representatives (SOCAR, Statoil, ExxonMobil, BP, Total, Lukoil, etc.) along with the service of the traditional Azerbaijani barbeque 10 JULY 19, FRIDAY CASPIAN ENERGY II: LITTORAL STATES’ PERSPECTIVE Morning Session Coffee Break Luncheon Round-­‐Table Discussion With Ambassadors of the Caspian Basin States: H.E. Amangeldi Jumabayev, Ambassador Extraordinary and Plenipotentiary of Kazakhstan to the Republic of Azerbaijan H.E. Ismayil Alper Choshkun, Ambassador Extraordinary and Plenipotentiary of Turkey to the Republic of Azerbaijan H.E. Mohsun Pakayin, Ambassador Extraordinary and Plenipotentiary of Iran to the Republic of Azerbaijan H.E. Teimuraz Sharashenidze, Ambassador Extraordinary and Plenipotentiary of Georgia to the Republic of Azerbaijan H.E. Toyli Komekov, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the Republic of Azerbaijan H.E. Vladimir Dorokhin, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Azerbaijan Balancing Politics of Energy in and Around the Caspian Basin Keynote Speaker: H. E. Elmar Mammadyarov, Minister of Foreign Affairs, Republic of Azerbaijan Certificate Ceremony Presented by Ambassador Hafiz Pashayev, Rector of ADA and Deputy Minister of Foreign Affairs & Mr. Khalik Mammadov Vice-­‐president of HR, IT and Regulations, SOCAR Farewell Reception at Nar-­‐Sharab Restaurant, Shikhov JULY 20, SATURDAY DEPARTURES 11