StocExpo 2008 - Programme
15 - 16 October 2008
Suntec Convention & Exhibition Centre, Singapore
With the price of crude oil and refined products continuing to rise to record levels, the tank storage industry is being increasingly scrutinized, and companies are looking to achieve greater profits and maximize their business. How can this industry continue to make a profit, where should investment be heading, and what are the strategic issues impacting supply and demand in this market? It is also becoming increasingly important for terminal owners and managers to ensure that their tank farms and terminals are operating at their optimum levels. What equipment best suits these requirements? What advancements in technology may help them increase their profit margins? These are all questions that StocExpo 2008 will help find the answers to.
With over 200 senior industry executives expected to attend, this timely conference will attract terminal operators from all throughout the Asian region & allow them to debate issues concerning terminal operations as well as the latest advances in technology. The concurrent exhibition will be an excellent opportunity for equipment & service suppliers to display their products to decision makers in this sector.
Conference Day One - 15 October 2008
09.00 Commercial Outlook, Strategy & Focus on Asia
Introduction & Overview from Conference Chair
SK Hazra, Chairman, Infrastructure Expert Committee & SHE Expert Committee - Indian Chemical Council
09.10 Welcome Address -
Singapore’s Role as a Strategic Hub in Asia
CHUA Taik Him, Deputy CEO, International Enterprise Singapore
09.40 Responsible Care and Handling Hazardous goods
- Brief overview of Responsible Care (RC) codes
- RC codes to help with managing and handling hazardous goods
- Known challenges in loading/discharging of chemicals
- One case study
10.10 Managing a Major Storage Operation in Asia
- The strategic importance of storage terminals in Singapore
- Resource planning & management
- Challenges & opportunities
10.40 Tea/Coffee Break & Exhibition Showcase for all Speakers & Delegates
11.25 Modern Safety Management Approaches to Tank Terminal Operators
- Integration of terminal operations introduces business dependent risks
- Failures can have a large impact on dependant activities
- This requires identification of all hazards, evaluation of controls & determination of risk levels and their acceptability
- A performance based management system is required to deliver this, that is transparent internally and to external parties
- Examples of specific incidents will be presented together with the various linkages required covering identification, control and management of hazards for a terminal
11.55 Panel Discussion – Open Forum for Delegates' Questions
12.20 Lunch & Exhibition Showcase
14.20 Commercial Oil Stocks and the Medium Term
- Evolution of stocks in a changing market
- Implications of Medium-term oil balances for stocks
- Growing Importance of non-OECD stocks
14.50 Strategic Alliance -
A Roadmap or a Roadblock for Future Sustainability?
- Strategic alliances - what does it mean?
- Roadblock - strategic alliances rare in the oil terminal sector. Does it not work? Or it has not been tried before?
- Roadmap - highly competitive & demanding environment in the future. No one company may have the competencies to handle the situation. Need for strategic alliance.
- Strategic alliances - how to structure them?
- Need for trust - difference between contract & covenant
15.10 Downstream Deregulation in Indonesia:
Prospective Opportunities & Challenges for Fuel Storage Infrastructure
- The lack of downstream storage capacity - a barrier to entry for new market entrants
- Why market entrants are seeking to lease storage rather than construct new storage
- The prospective creation of a National Fuel Stockpile and the required investment
15.40 Tea/Coffee Break & Exhibition Showcase for all Speakers & Delegates
16.25 Security Challenges & Risk Management in Asia
- Specific security threats in the Asian region
- Steps taken to minimise risk and challenges
- Case study examples
16.55 New Build Projects -
Location, Permit & Market Issues
- Location - where, how much land, infrastructure, conflicting port ambitions
- Permit - changing legislation, Buncefield implications, individual country concerns
- Market - is it a good time to buy & expand - or is it time to sell
- Compulsory stock issues
17.25 Close of Conference Day One, Followed by Networking Drinks Reception
Day Two - 16 October 2008
09.00 Tanks, Terminals & Technology -
Achieving Efficiency through Best Practice Solutions
Introduction from Conference Chair
Riyad H. Bin Sulaiman, Planning Engineer, FPD/Distribution & Terminals Group, Saudi Aramco
09.10 Considerations Post-Buncefield - Lessons Learnt
- The unfolding of the event & the emergency response to it, & the immediate impacts
- The investigation into the root causes
- What happened & how
- The main areas of concern arising from the investigation
- The Board's recommendations - so far - for improvements in the key areas of concern
- The ongoing work
09.40 Storage Tank Fire Protection, Associated Risks & Best Practice
- Motivators that are evolving our industry standards, policies & needs
- Understanding the associated risks of storage tank fire protection (cone &open floating roofs)
- Staying prepared for the unexpected
10.10 Tank Gauging & Inventory Management (Buncefield Recommendations)
- Tank Gauging System Alarms
- Testing Overfill Prevention Systems
- Safe Management of Fuel Transfer
10.40 Tea/Coffee Break & Exhibition Showcase for all Speakers & Delegates
11.25 Solutions for Enhanced Terminal Operations
- Backward compatibility to existing systems
- Compliancy with global industry regulations and standards
- Accommodate flexible solutions
- Provision of an upgrade path to automated, intelligent enterprise management and planning
11.55 Development of a New Terminal Simulation Model for Ras Tanura Terminal
- Simulation at Saudi Aramco
- TSM-2 Project Development Stages
- Logic of TSM-2
- Demonstration
- Inputs & Outputs of TSM-2
- Scenarios for Planning
12.25 Lunch & Exhibition Showcase
14.25 Establishing Safe Non-Man Entry Tank Cleaning
- HSE considerations in relation to tank cleaning
- Risk sources in tank cleaning
- What is required to improve cleaning methods
- Recommendations to the 'modern approach'
14.55 Importance of Labeling & GHS (Global Harmonising Scheme) for Transportation of Dangerous Goods
- GHS in revised form - background, scope, application, classification & labeling
- Transportation of dangerous goods & GHS
- Implementation status - Asia
15.25 Tank-bases & Tank-foundations -
The Smallest Part of the Investment the Greatest Risks
- How to construct the best foundation (not the perfect)
- Aging stresses (fatigue) in tank bottoms
- How to act on tank foundation deformations
