SCI Energy Seminar
2023 Successfully Concluded in Singapore
In recent years, the stabilization and recovery of the Chinese economy
have brought forth both opportunities and challenges to the global energy
industry. In the context of global energy transformation, oil and gas companies
must facilitate the profound integration of traditional and new energy sectors
to align with the new development models of the energy industry and achieve
sustainable growth.
The energy industry plays a vital role in socio-economic development,
but the energy consumption structure dominated by fossil fuels has brought significant
challenges such as environmental pollution and climate change. The new development
model of the Chinese energy industry will be crucial in promoting global energy
transformation and supporting global sustainable development. To achieve this
goal, industry participants must comprehensively and systematically comprehend
the profound changes in the current energy sector, paying attention to the
developments and transformations from various perspectives, such as investment,
production, trading, and consumption. Participants should actively promote
energy transformation, contributing to the environmentally friendly, efficient,
energy-saving, and sustainable growth of the energy industry.

SCI Energy
Seminar 2023
Against this backdrop, SCI
successfully held 2023 China Energy Seminar at the Carlton Hotel in Singapore
on August 28th. More than 140 delegates from over 80 companies
attended the seminar, sharing their insights on current industry hotspots,
market dynamics, and the prospects of China’s oil, natural gas, and LPG
markets.

Head of IBU
Business Team Ms. Lindsay Xing delivered the opening speech
Ms. Lindsay Xing, Head of IBU Business Team,
delivered the opening speech and expressed her gratitude to all attendees for
their attendance. Additionally, she briefly introduced SCI and SCI’s data management
system, outlining SCI’s complete data research system, standardized data
production and release process, and stringent data supervision system. All
these ensure the scientific, rigorous and standardized release of SCI data,
providing reliable evidence for decision-making in the commodity industry.
SCI’s analysts James Gao, April Song and
Angel Chen delivered keynote speeches on oil refining, LPG and natural gas
respectively. They identified the outlook and opportunities confronting China’s
oil, LPG and natural gas markets with abundant data and in-depth analysis on supply-demand
fundamentals, industry highlights, and development prospects of the respective
sector.

SCI analyst Mr. James Gao delivered
keynote speech on oil refining
Starting with the impact of China on the global crude oil trade pattern,
James Gao predicted the supply-demand balance of Chinese crude oil market in
2023. Additionally, he introduced the comprehensive profit model of integrated
refining projects that SCI developed. Chinese refiners will continue to promote
the sustainable development and utilization of crude oil resources in a secure,
efficient, green, and low-carbon manner, helping China to transform from the “oil
era” to the “new energy era”. They are bound to contribute to environmental
protection and mitigation of climate changes.

SCI analyst
Ms. April Song delivered keynote speech on LPG
Afterwards, April Song analyzed the light feedstock development status in
China, the reasons, and its impact on LPG consumption. She also made
predictions on the development of light feedstock in China.

SCI analyst
Ms. Angel Chen delivered keynote speech on natural gas
After a sharp decline in demand and a dramatic winter supply scenario in
2022, China’s natural gas market recovered in 2023. Angel Chen interpreted the
evolution and conducted a deep analysis of the short-term and long-term market
trends.
After the two-hour speech and communication, delegates were well
impressed by the in-depth insights and professionalism of SCI’s analysts, fully
recognizing SCI’s reliable data and data interpretation. Representatives also
expressed great interest in the Chinese energy markets’ developments.

SCI Energy
Seminar 2023
All the speakers and attendees have engaged in deep and close exchanges during
the informative speeches. SCI has well established its image as a professional
expert on China’s commodity market, leveraging its profound insights into China’s
refining, natural gas, and LPG industries, jointly
exploring effective measures for promoting high-quality development of the
industry.
SCI will always adhere to a neutral third-party position, recording, monitoring,
and reporting the Chinese commodity market objectively, impartially, and
scientifically. SCI establishes, develops, and implements methodologies and
compliance requirements following the global highest standards. With paid
information, data, etc. as core values, SCI will continue focusing on customer
needs, to research and develop products and services for higher customer
satisfaction.