World Fuel Oil Summit VIII
Athens, Greece
21 - 23 May 2015

Summit Sponsors

Corporate Sponsors

Media Partners

2015 Program

Day One

Thursday, 21 May

Day Two

Friday, 22 May

Day Three

Saturday, 23 May
  • Place: Lobby
  • King George Hotel
  • 3 Vasileos Georgiou A' Street
  • Athens 105 64, Greece
Afternoon Facility Tour
  • Meeting place: Lobby of King George Hotel
  • Field trip to plant owned by Motor Oil (Hellas) Corinth Refineries.
Evening Cocktail Reception
  • Place: King George Hotel
Speakers and Sponsors Dinner
  • For hosts, speakers, and sponsors.
  • By invitation only.
  • Place: Foyer outside Ballroom
  • King George Hotel
Conference Proceedings
  • Place: Ballroom
  • King George Hotel

Cocktails and Gala Dinner
  • For all delegates.
Executive Excursion
  • Meeting place: Lobby of King George Hotel
  • Historical and cultural sites of Greece, with lunch at off-site restaurant.
Lunch Reception
  • Lunch at an off-site restaurant.
Dress code: For the facility tour, long pants and closed shoes are preferred. For the executive excursion, casual is fine. Business casual for the remainder.

World Fuel Oil Summit
Past Attending Companies (Selected)

  • Aegean Oil
  • Aiteo Energy Resources
  • Areli Oil & Gas
  • Bakri International Energy
  • BB Energy
  • BNP Paribas
  • BP Oil International
  • Cabot
  • Cargill
  • Cepsa
  • Citigroup
  • ConocoPhillips Co
  • Davison Petroleum Supply
  • Daxin Petroleum
  • Ecopetrol
  • Electricity Authority of Cyprus
  • Endesa SA
  • Enel Trade
  • Enemalta Corporation
  • Energie Pro International Trading
  • ENI Trading & Shipping
  • Enjet
  • ENOC
  • E.ON
  • Falzon Group
  • Galaxy Energy International
  • Glencore
  • Goldman Sachs
  • Gunvor International BV
  • Hellenic Petroleum
  • Hess Energy Trading
  • Holt Global
  • Houston Fuel Oil Terminal
  • Island Bunker Oils
  • JP Morgan
  • Koch Supply and Trading
  • Kuwait Petroleum Corp.
  • Lia Oil SA
  • Libyan Emirates Oil Refining
  • Litasco
  • Macoil International
  • Master Chem Oil
  • Maersk Oil Trading
  • Mercuria Energy Group
  • Merrill Lynch Commodities
  • Mezcor
  • Mitsui
  • Morgan Stanley
  • Motor Oil (Hellas)
  • Nordic Storage
  • Oiltanking
  • Opet Trade
  • ORL
  • Ovlas Trading
  • Paz
  • Peninsula Petroleum
  • Penthol
  • Petro Summit
  • Petrobras
  • PetroChina
  • Philia
  • Public Power Corporation
  • Reliance Industries
  • Repsol
  • Rio International Energy
  • Risler
  • Rosneft
  • Royal Caribbean
  • RWE
  • Saudi Aramco
  • Shell Trading
  • Société Africaine de Raffinage
  • Société Générale
  • Sonatrach
  • Sumitomo
  • Tauber Oil
  • Toyota Tsusho Petroleum
  • Trafigura
  • Tüpras
  • Vattenfall
  • Vilma
  • Vitol Trading
  • VTTI
  • Vopak
  • Vopak EOS
  • Wärstilä
  • World Fuel Services
  • Xeray Systems

Conference Proceedings

Conference Agenda

Friday, 22 May 2015

Place: King George Hotel
Registration 08:00
Greetings from the Conference Chair
Lawrence Axelrod, Axelrod Energy Projects LLC
Session One: The Big Picture I 09:10
World Oil Market
Antoine Halff, International Energy Agency
World Fuel Oil Market
Steen Sherman, Cargill
Session Two: China and Russia 10:00
Crude Oil and Heavy Feedstock for Chinese Refining
Bill Chalker, Unipec UK
Mini Refineries and Fuel Oil
Olga K. Maltseva, ISSI AG
Fuel Oil Production and Exports
Yakov Ruderman, Petromarket Research Group
Break for Refreshments 10:50
Session Three: Fuel Oil and Bunker Fuel 11:10
A Port’s Perspective
Danny Levenswaard, Port of Rotterdam
A Shipowner’s Perspective
Scott Feldman, Royal Caribbean Cruise Lines
A Power Company’s Perspective
Konstantinos Chronis, Public Power Corporation
A Refiner’s Perspective
Relina A. Kontoyiannis, Motor Oil (Hellas) Corinth Refineries
Break for Lunch 12:30
Session Four: The Big Picture II 14:00
World Tanker Market
Nigel Dean, ISIS Maritime Trading
World Storage Market
Hari Dattatreya, Vopak
Session Five: Selected Fuel Oil Markets I 14:45
Ramon Carrasco, Cadoil Trading
Hakan Erkoc, Penthol
West Africa
Charles Thiemele, AOT Trading
Break for Refreshments 15:30
Session Six: Selected Fuel Oil Markets II 15:50
Persian/Arab Gulf
Rupak Sinha, Nimex Petroleum
Western Hemisphere
Rodrigo Berkowitz, Petrobras
Conference Chair’s Concluding Remarks 16:20
Adjournment 16:30

2014 Summit Presentations

Presentations are password protected.
Session 1:
The World Oil and Tanker Markets

The View from Cargill
Eric Aboussouan, Cargill

The View from Total
Joel Couse, Total 

Session 2:
Russian Fuel Oil Flows

The Macro Level
Marco Montefiori, Rosneft Trading SA

The Micro Level
Vadim Antipov, Rosneft Oil Company 

Session 3:
Oil Storage

Dirty and Clean Storage in the Baltics and Scandinavia
Ulf Vleeshouwers, InterTank Nordic AB

Session 4:
Selected Fuel Oil Markets

Fuel Oil in Senegal and West Africa
Cheikh Mbodje, Société Africaine de Raffinage (SAR)

Fuel Oil and Bunker Fuel in Turkey
Aydin Ozu, Channoil Consulting Limited

US East Coast Fuel Oil
Jesse Axelrod, Axelrod Energy Projects LLC

Session 5:
Perspectives on Bunker Fuel

A Shipowner's Perspective
Peter Beekhuis, Maersk Oil Trading

A Technological Perspective
Kenny Strandberg, Green Tech Marine

Session 6:
Fuel Oil and Mediterranean Power

The View from Malta
Fredrick Azzopardi, Enemalta Corporation 

The View from Cyprus
George Skarparis, Electricity Authority of Cyprus

The View from Greece
Konstantinos Chronis, Public Power Corporation

World Fuel Oil Summit Press

Oil and Power: The View from Cyprus
Fuel Oil & Feedstock Trader

Fuel Oil in Senegal: The View from Société Africaine de Raffinage
Fuel Oil & Feedstock Trader

The Outlook for Russian Fuel Oil: The View from Rosneft
Fuel Oil & Feedstock Trader

Enemalta Aiming to End Reliance on Imported Fuel Oil
Fuel Oil & Feedstock Trader

The World Tanker Fleet: The View from ISIS Maritime
Fuel Oil & Feedstock Trader

What Drives the Asian Fuel Oil Market: The View from Sumitomo
Fuel Oil & Feedstock Trader

LSFO and LSSR in the Western Hemisphere: The View from Petrobras
Fuel Oil & Feedstock Trader

Oil and Gas in World Markets: The Big Drivers
Fuel Oil & Feedstock Trader

Royal Caribbean Purchases Four Scrubbers Ahead of Toughening ECA Rules
Fuel Oil & Feedstock Trader

Houston Fuel Oil Terminal Company Considering Repurposing of Fuel Oil Tanks
Fuel Oil & Feedstock Trader

In Perspective: Enemalta, Malta, and World Fuel Oil Summit VI
Fuel Oil & Feedstock Trader

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Contact Us

Axelrod Energy Projects LLC
250 West 57th Street, Suite 1315
New York, NY 10107
(212) 749-1902