American Energy Prowess in a Strategic Foreign Policy Perspective

April 28, 2014 - 12:00 pm

The Atlantic Council and the Hungarian Presidency of the Visegrad Group invite you to an upcoming two-day conference titled American Energy Prowess in a Strategic Foreign Policy Perspective. The aim of the conference is to discuss and debate the strategic foreign policy aspects of the American shale gas revolution and its effect on the transatlantic relationship and the Central and Eastern European region. The Ukraine crisis has brought European energy security back into the forefront. The conference will bring together leaders from the US government, Central and Eastern Europe, and the energy industry to determine ways to strengthen European energy security and the transatlantic alliance through reinforced energy ties.

The conference begins with a luncheon discussion on Monday, April 28 at the Atlantic Council. The following day, participants will continue over breakfast on Capitol Hill to engage with key congressional decision-makers.
Day 1: April 28 will be webcast live
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A full agenda is available below
Please register for the days you plan on attending.

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If you have questions, please contact us.


DAY 1 | Monday, April 28
Location: Atlantic Council
1030 15th Street NW, 12th floor
Washington, DC 20005

12.00 – 1.45 p.m. | Energy Security as a Strategic Liability: Perceptions and Realities(a light luncheon will be served from 12.00 p.m. - program will commence at 12.30 p.m.)

Energy security is a matter of national security, with complex political, economic, and social implications. Energy security vulnerabilities profoundly affect the wellbeing and indeed physical security of citizens. How does the new “energy independent” status of the US play into foreign policy choices in the context of the crisis in Ukraine? What can alliance members do to mutually profit from the strong energy positions of the United States? What are the ways to strengthen Central Europe, European energy security, and the transatlantic alliance through reinforced energy ties?

Welcome and introduction by:
Damon Wilson, Executive Vice President, Atlantic Council
Anita Orbán, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs, Hungary

Moderated by:
David Koranyi, Acting Director, Dinu Patriciu Eurasia Center, Atlantic Council

Panel discussion with:
Coral Davenport, Energy and Environment Reporter, New York Times
Szabolcs I. Ferencz, Senior Vice President for Corporate Affairs, MOL Group
Amos Hochstein, Deputy Assistant Secretary of State for Energy Diplomacy, US State Department
Brenda Shaffer, Professor and Visiting Researcher, Center for Eurasian, Russian and East European Studies (CERES), Georgetown University

1.45 – 2.00 p.m. | Coffee Break
2.00 – 3.00 p.m. | The Economics of US LNG Exports: Jobs, Growth, Investment

According to the International Energy Agency’s 2014 Annual Energy Outlook, US natural gas production is projected to grow steadily, increasing by 56 percent from 2012 to 2040. By 2016, the United States is expected to be a net exporter of natural gas. Even with a sluggish economy, the US natural gas boom is estimated to be responsible for 68,000 manufacturing jobs in America this year. How will the supply side of the natural gas industry shape up in the coming years? What are the market expectations and what can US consumers anticipate? How will exports affect production levels and prices?

Moderated by:
Amy Harder, Energy and Environment Correspondent, Wall Street Journal

Panel participants:
Edward Chow, Senior Fellow, Energy and National Security Program, CSIS
Marik String, Senior Fellow, Atlantic Council
Mladen Antunovic, Managing Director, LNG Croatia Ltd.
David Montgomery, Senior Vice President, NERA Economic Consulting
Albert G. Nahas, Vice President, International Government Affairs, Cheniere Energy

3.00 – 3.30 p.m. | Coffee Break
3.30 – 4.30 p.m. | V4 and European Gas Market Integration: A Demand-side Perspective

It was during the Hungarian EU Presidency in 2011 that the Council of the Heads of State and Government committed to create an integrated European energy market by 2014. The main vehicle of the market integration in Central Europe is the Visegrad cooperation. In June 2013, the Visegrad prime ministers agreed on a timetable and roadmap to create a V4 energy market. In December, the Visegrad Forum for Gas Market Integration was launched. What are the current dynamics in the region’s gas markets? What are the prospects for diversification? What are the missing infrastructure elements?

Moderated by:
Ian Brzezinski, Senior Fellow, Brent Scowcroft Center on International Security, Atlantic Council

Panel Participants:
Vaclav Bartuska, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs, Czech Republic
Pavol Hamzik, Ambassador-at-Large for Energy Security, Ministry of Foreign and European Affairs, Slovak Republic
György Harmati, Deputy CEO for Strategy at MVM Group
Lachezar Matev, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs, Republic of Bulgaria
DAY 2 | Tuesday, April 29
Location: Longworth House Office Building
New Jersey Ave SE
Washington, DC 20515
ROOM 1539

9.00– 11.00 a.m. | Morning session: The US Shale Gas Revolution: A Window of Opportunity for US Global Leadership  

Tectonic shifts on global energy markets are significantly rearranging the established global order. With the advent of shale gas and oil, hydrocarbon reserves are no longer concentrated only in a handful of resource-rich countries, limiting their ability to exert political and economic leverage to advance a particular foreign policy agenda. The shale gas revolution has dramatically altered the geopolitical calculus of the United States, and approaching energy independence and LNG export capabilities add to America’s ability to lead. It is very early to tell whether European unconventional gas reserves have the same potential to fundamentally alter the dynamics between the EU and external suppliers. What are the perspectives for unconventional gas production in Europe and especially in Central and Eastern Europe? In what ways can the United States help lessen the energy dependence of its allies?

Welcome and introduction by:
György Szapáry, Ambassador to the United States, Hungary
David Koranyi, Acting Director, Dinu patriciu Eurasia Center, Atlantic Council
Opening remarks by:
9.15 – 9.30 a.m. | Representative Fred Upton, (R-MI), Chairman, Committee on Energy and Commerce

Featured speakers:
9.30 – 9.40 a.m. | Representative Michael Turner, (R-OH), Chairman of the U.S. delegation to the NATO Parliamentary Assembly
9.40 – 9.50 a.m. | Representative Cory Gardner, (R-CO), Energy and Commerce Committee
9.50 – 10.00 a.m. | Representative Tim Ryan, (D-OH), Chairman, LNG Working Group

10.00 – 11.15 a.m. | Panel Discussion
Moderated by:
Llewellyn King, Executive Producer and Host, White House Chronicle TV

Vaclav Bartuska, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs, Czech Republic
Neil Brown, Senior Fellow, German Marshall Fund
Mihnea Constantinescu, Ambassador-at-Large and Special Representative for Energy Security, Government of Romania
Vjačeslavs Dombrovskis, Minister of Economy, Republic of Latvia
Mariusz-Orion Jędrysek, Member of the Polish Parliament, Vice-Chairman of the Commission for the Environment and Natural Resources
Anita Orbán, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs, Hungary
11.30 – 12.30 | Closing Session (followed by light lunch)
Senator John Hoeven, (R-ND) US Senate Committee on Energy and Natural Resources
Representative Bill Johnson (R-OH), Chairman, LNG Working Group

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