The Industrial Minerals Association - North America (IMA-NA) will sponsor a two-part webinar, “Energy Outlook and Ways to Mitigate Risk for 2016,” led by Kobe Cannaerts, managing director of E&C America, an independent international energy procurement consultancy specialized in risk management.
Cannaerts will offer analysis of the current state of the energy markets, provide an overview of the price trends to look out for, and present recommendations on how to best manage your price exposure going into this winter.
“The future brings new uncertainties for the industrial energy buyer. Since oil prices collapsed in the second part of 2014, rig counts for both oil and natural gas wells have experienced a massive decrease. On top of this, the U.S. will soon turn into an exporter of natural gas, with its first LNG export facilities coming online in Q4 of this year,” IMA-NA stated. “Add this to the fact that winter is coming, and your job of managing energy budgets in these volatile conditions is no easy task. In what direction(s) are energy prices heading, and how should you react if prices rise or fall? And how should you react in the event of a curtailment?
“In order to answer these questions, it is important for you to both understand the fundamentals currently shaping the market, and have a strategy in place to deal with price volatility. For those of you with interruptible gas contracts, understanding your risks as the winter season approaches is all the more important,” the association noted.
Date: Tuesday, December 1, 2015 2:00-3:30 EST
Presenter: Kobe Cannaerts, E&C America
The webinar will be split into the following two parts:
Part 1: A general overview of the markets, their future outlook, and a brief discussion of risk management tools you can use to better protect yourself from market volatility. A Q&A will follow this first session.
Part 2 : Kobe will delve into the issue of curtailments, present relevant case studies, and provide recommendations on how you can best manage curtailment risks this winter.
Go to www.ima-na.org for more information.