The conference is organized by the British company Confidence Capital each year in conjunction with the concern “Belneftekhim” and its subsidiaries.
More than 200 representatives of the vertically-integrated, oil trading, transport and logistics, financial institutions , banks and service companies will participate in the discussion of the prospects of oil processing and export of Belarusian oil products.
On April 13-14, as part of this conference a two-day seminar will be held on derivatives in crude and products trading. Skills gained at the seminar will help traders and exporters to protect themselves from price hikes, to increase profits, would facilitate obtaining additional financing from banks.
Main topics of the seminar:
• Risks associated with physical delivery
• Overview of hedging instruments
• Preliminary costing
• Configuration and control of scope and limits
• Options for use of hedging
• Practical exercises
• Modelling of price uncertainty
• Transaction phases using hedging
• Performance analysis of the hedging strategy
• Troubleshooting the risk management system
Having analysed the trends of the virus outbreak, with health and safety of our attendees, speakers, contractors and personnel in mind, after careful consideration the relevant SOCAR management in charge of the event and Confidence Capital have jointly taken a decision to move 5th SOCAR International Caspian and Central Asia Downstream Forum and SOCAR Drilling and Completions Forum dates to 29 June – 1 July 2020.
With regard to the outbreak of COVID-19 globally, Confidence Capital continues to monitor and follow the latest health and government authorities’ guidelines for the countries where we deliver our events and the markets we service as well as the advice provided by the World Health Organisation www.who.int.
For the first time in 17 years, Oil Traders’ School will be held not in Western Europe, but in Kazakhstan. Oil Traders’ School Confidence – the leading integrated training and professional development course for traders, oil and gas of companies’ management, operators.