The Estonian Stockpiling Agency’s ‘Petroleum Day 2022’ is a one-day seminar for participants in the Estonian fuel market; the focus of the seminar will be on motor fuel-related developments globally as well as nationally. We wish to offer our partners excellent external speakers as well as intriguing discussions on relevant subjects.
The ‘Petroleum Day 2022’ will focus on the impacts of Russia’s military aggression against Ukraine to the European fuel market; we will be seeking an answer to the question of how changes in the pace of economic development and the arrival of new motor fuels will affect reaching the peak of petrol and diesel consumption in Estonia, and in light of the experience of the fuel crisis caused by a shortage of lorry drivers in Great Britain in 2021, we will be taking a closer look at the phenomenon of panic buying of motor fuels.
The ‘Petroleum Day 2022’ is hosted by Estonian Stockpiling Agency, and participation is by invitation only.
Time: 9 June 2022, 10 a.m. to 4.30 p.m.
Venue: Kosmos Hall, Öpik Conference Centre, Ülemiste City, Valukoja 8, Tallinn
Participants: payers of stockpiling fee of liquid fuel, fuel terminals, excise warehouses, fuel sellers, fuel carriers, public authorities, partners of the ESPA, the media
The event’s language: Estonian and English, with simultaneous translation from Estonian into English
‘Petroleum Day 2022’ programme (download the PDF version here)
10 a.m. to 10.30 a.m. Arrival of participants, welcome coffee
10.30 a.m. to 10.40 a.m. Greetings, Ando Leppiman, Chairman of the Board of ESPA
Block I How will Russia’s war in Ukraine affect the European motor fuel market?
10.40 a.m. to 10.45 a.m. Introduction to the first block, Ando Leppiman, Chairman of the Board of ESPA
10.45 a.m. to 11.15 a.m. Keynote presentation “Recent developments in global oil market”, Keisuke Sadamori, Director of the Office for Energy Markets and Security at the International Energy Agency
11.15 a.m. to 11.35 a.m. Presentation, "Oil market from traders' perspective", Tauno Sild, Head of Financial Trading at Eesti Energia AS
11.35 a.m. to 12.20 p.m. Panel discussion
Keisuke Sadamori, Director of the Office for Energy Markets and Security at the International Energy Agency
Tauno Sild, Head of Financial Trading at Eesti Energia AS
Timo Tatar, Deputy Secretary General for Energy and Mineral Resources at Ministry of Economic Affairs and Communications
Waldemar Krol, Member of the Management Board of Orlen Eesti OÜ
moderated by Ando Leppiman, Chairman of the Board of ESPA
12.20 p.m. to 1 p.m. Lunch
Block II For how long is the growth of the Estonian fuel market forecast?
1.00 p.m. to 1.05 p.m. Introduction to the second block, Priit Enok, Member of the Board of ESPA
1.05 p.m. to 1.20 p.m. Presentation "Estonian motor fuel market and its consumer profiles", Mart Raamat, CEO of the Estonian Oil Association
1.20 p.m. to 1.35 p.m. Presentation "Expensive energy, expensive life: outlook of Estonian economy", Mihkel Nestor, economic analyst at SEB
1.35 p.m. to 2.20 p.m. Panel discussion
Mart Raamat, CEO of the Estonian Oil Association
Mihkel Nestor, economic analyst at SEB
Alan Vaht, Member of the Board of AS Alexela
Raido Raudsepp, Member of the Board of AS Tartu Terminal
moderated by Priit Enok, Member of the Board of ESPA
2.20 p.m. to 2.45 p.m. Coffee break
Block III Does consumers’ purchasing behaviour define the fuel crisis, or is it the other way around?
2.45 p.m. to 2.50 p.m. Introduction to the third block, Priit Ploompuu, Member of the Board of ESPA
2.50 p.m. to 3.10 p.m. Presentation "How are fuel stocks released?" Priit Ploompuu, Member of the Board of ESPA
3.10 p.m. to 3.30 p.m. Presentation, "Consumer fuel demand: recent UK experience", Michael Duggan PhD, Head of Downstream Oil Resilience at the UK Department for Business, Energy and Industrial Strategy
3.30 p.m. to 4.15 p.m. Panel discussion
Michael Duggan PhD, Head of Downstream Oil Resilience at the UK Department for Business, Energy and Industrial Strategy
Antti Moppel, Member of the Supervisory Board of Olerex AS
Marju Himma-Kadakas, Research Fellow of Journalism Studies at the University of Tartu
Tõnis Stamberg, CEO of Turu-Uuringute AS
moderated by Martin Jaško, Head of Communications at ESPA
4.15 p.m. to 4.25 p.m. Conclusions, final words, Ando Leppiman, Chairman of the Board of ESPA