Upcoming Event
 

02

PTIT 3-day training course:

Business Concepts in the Oil Industry

July 25 - 27, 2009 at Shinnawatra Tower 3, Bangkok

THE SPEAKER
: Khunying Thongtip Ratanarat, Member of PTIT Foundation Board & Council of Trustee, 
  Petroleum Institute of Thailand

COURSE OBJECTIVE;

  • To lay a foundation for the understanding of the oil industry and its synergy with the petrochemical industry.
  • To understand the sailent characteristics of the oil business.
  • To gain knowledge of the world/regional of the oil market and related issues leading towards an understanding of opportunity and competition in the oil industry.

COURSE OUTLINE ;

  • TOWARDS UNDERSTANDING THE PETROLEUM AND PETROCHEMICAL INDUSTRIES SYNERGY
    - Petroleum Products : Fuel or Feedstock
  • ECONOMICS OF THE OIL INDUSTRY AND CONSEQUENCES OF ITS STRUCTURE ; The Polarity Dislocation between Demand and Supply/Oil has no Substitution.
    - Reserves and R/P Ration
    - Structure & Features
  • CHARACTERISTICS OF CRUDEOIL MARKET
    - Demand / Supply
      + Can Demand be Sustained?
      + What about Supply?
  • Demand / Supply Overview
  • Tarding Pattern
  • Costs to Produce Oil & Technology
  • Pricing
    - The Role of OPEC and Crude Oil Price Formation
    - Crude Oil Pricing : Cost Stacking / Floor Price
  • REFINING
    - Refinery Configuration & Industry Characteristics
    - Refinery Margins and Outlook : Specs and Refining Margins
  • PETROLEUM PRODUCTS MARKET
    - Consumer Pricing & the Retail Market

Registration Fee : (includes refreshments, lunch and training documentation)
: PTIT : Full Member                       BHT 24,500 + VAT  1,715               =     26,215
: PTIT : Ordinary Member              BHT 28,000 + VAT  1,960               =     29,960
: Non - PTIT Member                     BHT 35,000 +  VAT  2,450              =     37,450

====> An easy way to book your seat is through PTIT website REGISTER ONLINE at Click Here

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