The future of oil in the aviation industry

High oil prices and its implications for aviation
Crude oil price has been extremely volatile in the recent 18 months. While it has reached a peak in Summer 2008 of more than $ 147 per barrel, it fell below $ 34 last February, but has again more than doubled from that low level. While economic recovery is (hopefully) under way, stimulating demand for oil again, production capacity is falling, even by several percent per year. The question is then if this may lead to new peaks in the price of crude oil.
 
For aviation this has large implications. While other industries can better save on oil or have more alternatives, aviation will stay with kerosine oil for many years, if not decades. Airneth organizes a seminar at 10 December 2009, where demand and supply for oil are addressed and the implications for aviation are sketched. Several speakers address the issue from several angles: world demand and supply, the geopolitical dimension, the view of the oil industry, the airlines and finally the view of producers of alternatives, such as algees.

Confirmed speakers and panelmembers include:

• Lucia van Geuns, Clingendael Institute
• Ewald Breunesse, Shell Nederland B.V.
• Dirk Kronemeijer, KLM Royal Dutch Airlines
• Carel Callenbach, Ingrepo B.V.
• Hans de Waal, Dutch Ministry of Housing, Spatial Planning and the Environment

Target audience & type of meeting
The event is targeted on policy makers, industry professionals and academics with specific experience in policies related to the oil industry and aviation.
 
The meeting will be a half day (12:00–17:15) seminar. Presentations will be published on Airneth’s website. The official language of this seminar is Dutch.
 
Registration
To register for this seminar please send an email to info(at)airneth.com, stating your name, profession and organisation. Participation is free of charge. However, the number of available places is limited. So register as soon as possible.