day one thursday may 23

DAY ONE
THURSDAY MAY 23
> 08.30 - 09.00 REGISTRATION OF PARTICIPANTS
> 09.00 - 09.30 WELCOME REMARKS – I. I. C. Bratianu Hall
Mircea Geoană, President, The Aspen Institute Romania, Member of the Romanian Senate
Viorel Hrebenciuc, Vice President, Romanian Chamber of Deputies
> 09.30 - 11.30 PLENARY SESSION I: THE RATIONALE FOR A
BLACK SEA ENERGY AGENDA - I. I. C. Bratianu Hall
 From hard-core security issues to East -West relations
and economic competition versus cooperation, all types
of challenges converge in this region. We will raise
questions regarding the future of energy exploration, trade,
investment and cooperation at the Black Sea.
 Exploration of Black Sea offshore energy resources; state
of play and future development expectations; investment
needs and opportunities; energy cooperation, business
opportunities; environmental concerns
 Certificates and standards
 The Lugar Report on “Energy and Security from the
Caspian to Europe”
 The Black Sea as an energy transport and trade route:
South Stream, Nabucco etc.
 Energy markets around the Black Sea and plotting a
course for a cooperative energy agenda
Moderator:
Mihnea Constantinescu, Ambassador-at-Large, Romanian
Ministry of Foreign Affairs
Speakers:
Talgat Kaliyev, Charge d’Affairs of the Republic of Kazakhstan
to Romania
Christian Dolezal, Head of Corporate Communications and
Public Affairs, NABUCCO Gas Pipeline International GmbH
Edward Chow, Senior Fellow, Center for Strategic and
International Studies, USA
Neil Brown, Non-resident Fellow, German Marshall Fund of
the United States
Gulmira Rzayeva, Leading Research Fellow at the Center for
Strategic Studies under the President of Azerbaijan
Vasile Iuga, Country Managing Partner, PwC Romania
Tudor Constantinescu, Principal Adviser,
DG Energy, European Commission
Razvan Nicolescu, Director Public & Regulatory Affairs of
Petrom, Vice Chairman of the Administrative Board of ACER
> 11.30 – 11.45 COFFEE BREAK
> 11.45 – 12.45 SESSION II: THE KNOWN UNKNOWNS: NEW
CLASSICS - parallel working session - Nicolae Iorga Hall
 Despite the downturn in the economic growth rates in
the region, from renewable sources and energy efficiency
to fossil fuels, all sectors see investment and a rethinking
of operational paradigms. Shale, third and fourth stage gas
and oil fields exploration are hot items for energy investors
and energy technology companies.
 Technology and technological challenges; Environmental
concerns
 Models for regulatory framework for various phases
 Investment requirements and opportunities
 The role of the new classics in the energy mix of Romania
and the region
 Pricing policies and impact on energy security and trade
Moderator:
Radu Dudău, Co-founder Romania Energy Center
Speakers:
Gheorghe Duţu, President, National Agency for Mineral
Resources (ANRM)
Elena Dumitru, Secretary of State, Ministry of Environment
and Climate Change
Thomas Holst, Country Manager – Romania, Chevron
Upstream Europe
Kristine Berzins, Energy Policy Analyst
Corneliu Condrea, Director, Ministry of Economy
WWW.BUCHARESTFORUM.RO
WWW.EVENTS.ADEVARUL.RO
8
> 11.45 – 12.45 SESSION III: MORE THAN ENERGY: A
CONTINUUM OF NATURAL RESOURCES – parallel working
session - Nicolae Balcescu Hall
 The question of managing a resources mix becomes a very
special area of policy making at both the national and the EU
level. Investment perspectives and a common logic across
the region offer incredible room for growth, employment and
competitiveness if environmental and other externalities are
also carefully considered.
 Coal – is it still worth it? What’s the future?
 Smart exploitation
 Industrialization
 Water management for energy production
 The future of nuclear energy
 Regional markets for natural resources
 What about the other resources? Tackling resources
exploitation externalities at national, regional and EU level.
Moderator:
Carmen Neagu, CEO, Sparta Matrix Energy
Speakers:
Iulian Iancu, Chairman of the Commission on Industry and
Services of the Romanian Chamber of Deputies
Maricel Popa, Secretary of State, Ministry of Economy
Ştefan Hîrşu, National Agency for Mineral Resources (ANRM)
Dante Stein, Special Advisor to the Prime Minister
Cristian Pârvan, Secretary General, Romanian Businessmen
Association
John Webster, Partner - Assurance Leader, PwC Romania
> 12.45 – 13.00 COFFEE BREAK
> 13.00 – 14.30 PLENARY SESSION IV: MUTUAL BENEFITS:
TRANS-REGIONAL OPPORTUNITIES - I. I. C. Bratianu Hall
 Besides a common vision, or at least a set of shared
perspectives, there is the practical need for bilateral and
multilateral agreements, joint projects and the competition.
The jostling for rich but limited resources (both in terms of
energy and investment capabilities) remain acute. We will
cover some of the critical issues:
 Interconnections - pipelines; the shift from long-term
contracts to hub pricing; governmental agreements;
compensations; stock exchanges; the Third Energy Package
regarding interconnections and energy cooperation
 State of play of energy cooperation in the region
 Energy transport agreements between states
 Intra-European compensation mechanisms
 EU energy security policy
Moderator:
David Koranyi, Deputy Director, Atlantic Council Patriciu
Eurasia Center
Speakers:
Constantin Niţă, Minister Delegate for Energy
Petar Stanojevic, Deputy Minister in the Sector of Oil and
Gas, Ministry of Energy, Development and Environmental
Protection, Republic of Serbia
Bogdan Chiriţoiu, President, Competition Council
Daniel Stein, Senior Advisor on Energy Resources, U.S.
Department of State
Ştefan Gheorghe, Executive Director General, Transelectrica
Claudiu Sorin Dumbrăveanu, Vice President, Romanian
National Energy Regulatory Authority (ANRE)
Traian Halalai, President, EximBank SA
> 14.30 LUNCH
WWW.BUCHARESTFORUM.RO
WWW.EVENTS.ADEVARUL.RO
9
DAY TWO
FRIDAY, MAY 24
> 09.00 – 10.30 PLENARY SESSION V: GREEN ECONOMY,
ENERGY EFFICIENCY - I. I. C. Bratianu Hall
 The 20/20/20 targets the energy efficiency directive, as
well as the entire green economy package of EU policies,
which need to be considered together. Besides, there
are challenges related to implementing costly schemes
and using new technologies that have an impact on both
managing greenhouse emissions and cost via energy
efficiency and clean energy solutions. Making the right policy
choices in the framework of EU policies is not always easy.
 Renewables, lessons learned and what’s next
 European directives – Romania’s energy efficiency gap
 Energy efficiency dimensions: technology, public policy
 Green economy – investments in technology by
businesses, competitiveness, cost, impact on employment
 Smart grid and the electricity sector’s contribution to a
green economy
Moderator:
Ion M. Ioniţă, Senior Editor, Adevărul
Speakers:
Rovana Plumb, Minister of Environment and
Climate Change (TBC)
Julian Popov, Minister of Environment and Water
of Bulgaria
Tudor Constantinescu, Principal Adviser, DG Energy,
European Commission
Emil Calotă, Vice President, Romanian National Energy
Regulatory Authority (ANRE)
Diana Mangalagiu, Professor, Oxford University,
Environmental and Economic Policies Expert
Cristian Moisoiu, Researcher, The Institute of World Economy
Michael Sipos, International Independent Expert Energy Finance, Associated Expert - ENERO -Center for Promotion
of Clean and Renewable Energy
> 10.30 – 10.45 COFFEE BREAK
> 10.45 – 12.15 PLENARY SESSION VI: REALISTIC SCENARIOS
FOR THE IDEAL LEGAL AND REGULATORY FRAMEWORK,
ENERGY MIX AND SECURITY: LOCAL MARKET TRENDS AND
EXPECTATIONS - I. I. C. Bratianu Hall
 Public and private players in this sector are constantly
balancing EU, regional and national frameworks for energy
sector development and investment.
 Considering existing and new regulation and trends
 The need for a new environment and economic legislation
package for all types of exploration and extraction; royalties;
state property regimes; market liberalization.
 What is the most adequate energy mix for Romania
as trade and investment developments, EU regulatory
framework, corporate stockholder’s options and policies,
employment and competitiveness contexts, political
priorities, technological and geological challenges, financing
questions, security issues all have to come together in
shaping the possible into the actual energy mix
Moderator:
Vasile Iuga, Country Managing Partner, PwC Romania
Speakers:
Titus Corlăţean, Romanian Minister of Foreign Affairs (TBC)
Nicolae Havrileţ, President, Romanian National Energy
Regulatory Authority (ANRE)
Daniel Chilea, Director, Industry and Energy Department,
Competition Council
Luca D’Agnese, President & CEO, Enel Romania
Dan Gheorghiu, Honorary Adviser on Energy to the
Prime Minister, President, Institute for Studies and Power
Engineering – ISPE
Dana Dunel-Stancu, Head of Energy Practice , Biris Goran
WWW.BUCHARESTFORUM.RO
WWW.EVENTS.ADEVARUL.RO
10
> 12.15 – 12.30 COFFEE BREAK
> 12.30 – 14.00 PLENARY SESSION VII: FINANCING ENERGYI. I. C. Bratianu Hall
 This session is dedicated to the conditions and challenges
to putting money behind ideas.
 Corporate investment in the electricity and oil and gas
sector
 Public investment in the energy sector; financing efficient
transformation of the transport sector
 Investment in transportation rehabilitation
 Developing the electricity grid
 Large scale investment in energy infrastructure
 Local schemes for energy efficiency
 Certificates
 Competition and regulatory issues
 Legal and institutional stability for large scale investment
Moderator:
Valeriu Alexandru Binig, Director, Energy & Resources
Leader, Deloitte
Speakers:
Varujan Vosganian, Romanian Minister of Economy
Adina Vălean, Member of the European Parliament
Grzegorz Konieczny, CEO Romania, Executive Vice
President/Portfolio Manager, Franklin Templeton Investment
Management Ltd UK, Bucharest Branch
Louis Borgo, Senior Banker Power & Energy Department,
EBRD
Lucian Bode, Member of the Romanian Parliamentary
Delegation at the Parliamentary Assembly of the Black Sea
Economic Cooperation
Adrian Ciurtin, Managing Partner, Ciurtin Brasoveanu &
Partners
Narcisa Oprea, Member of the Board of Directors, the
Bucharest Stock Exchange
> 14.00-14.15 Conclusions
Andrei Ţărnea, Executive Director, Aspen Institute Romania
> 14.15-15.00 LUNCH
WWW.BUCHARESTFORUM.RO
WWW.EVENTS.ADEVARUL.RO
11