USD 63.8881

0

EUR 70.4111

0

BRENT 63.34

0

AI-92 42.36

-0.01

AI-95 46.15

0

AI-98 51.58

0

Diesel 47.42

+0.05

29

Price Risk Management for Oil&Gas Exporters

III Annual International Forum "Price risk management for oil & gas exporters, traders and consumers" in Moscow

III Annual International Forum ?Price risk management for oil & gas exporters, traders and consumers? will take place on the 14-15th September 2006 in Moscow, at Congress Centre of the Chamber of Commerce and Industry of the Russian Federation.

This year you must have observed the stupendous price volatility for crude oil, products and gas on international and local markets. Moreover, prices often significantly change within one single trading day. With production and exports ever increasing, petroleum exchanges and energy agencies continually see new record prices for all global benchmarks. The industry sensitivity to and dependence on the price volatility has made everyone ? producers, refineries, traders and consumers ? seriously consider possible measures to cling to their markets and to continue to be commercially viable. Many companies recognise that only using price risk management tools they can stay afloat.

The forum will cover the following topics:
? Oil exports, efficient sales markets and pricing mechanisms to mitigate risks of oil exporters
? Price risks management tools in oil and gas trading
? Practical guidelines of hedging for consumers and traders
? Russian export crude oil (REBCO) futures trading launch at NYMEX, and clearing of OTC deals via NYMEX
? Urals crude, diesel, jet, and fuel oil futures and options traded at Russian exchange ?RTS?

Among the speakers who confirmed their participants representatives of NYMEX, Deloitte and Touche, Lukoil, Argus Media, Morgan and Stanley, Stock Exchange Russian Trade System, Corporate Alliance AG, Petrofinance, Petromarket, Goldman Sachs, Channoil, Gazprombank, Ticom Management, Aeroflot, PTN - GSM, Gazexport, Koch Supply and Trading, Umex Exchange, Centre for Petroleum business studies, Ministry of economic development and trade.

The forum has been organised by UK based company Vostock Capital UK - a leading company in delivering international conferences and training programmes for the oil and gas sector targeting industry specialists from the CIS, Western and Eastern Europe.

The General Sponsor of the forum is NYMEX (New York Mercantile Exchange). The information partners of the event are Sea News, Interfax, Oil Gas Law, Oil and Gas vertical,Info Tek, Neftegaz, Prime Tass, Finam, Upeco. The General information sponsor of the event is Finmarket.

For a detailed schedule of the forum please press register for additional information of visit the organizers? web-site: www.vostockcapital.com