2017
7th International Trading Conference
Technology Innovation and Energy Commodity Market
- Energy, commodity market outlook due to acceleration of technology development and change of industry paradigm
- Strategies for expanding North-east Asia oil market after deregulation
- Application of data to energy market: Disclosure of public energy data, Algorithmic trading

- Date : October 24, 2017 10:00 ~
- Venue : Crystal Ballroom,
Lotte Hotel Ulsan - Organizers : Ulsan Metropolitan City, UNIST,
Ulsan Port Authority - Sponsors : Korea Economic Daily
Welcome to ITC 2017
Dear Colleagues,
The 7th International Trading Conference (ITC 2017) will be held on October 24th(Tuesday) in Ulsan. This conference has become an international event that discusses trends in the global energy market by bringing together domestic and overseas energy market experts to address the oil hub projects in Northeast Asia.
In Ulsan, many issues related to building financial system have been discussed based on the infrastructures of logistics, storages, and port facilities for oil. In particular, the act on deregulation for oil, which was revised in April of this year, has provided the statutory basis for Ulsan to become an oil hub in Northeast Asia. We look forward that Ulsan will build an energy cluster in Northeast Asia and will be a center of global energy industry beyond the industrial capital of Korea.
While the stagnation of low oil prices is expected to continue, this year’s conference focuses on changes that technology development will bring to the energy sector as well as counterstrategies and plans to promote energy trading in Northeast Asia, under the theme of “Technology Innovation and Energy Commodity Market”. We hope that this event will provide an opportunity to find new growth engines in the energy market in the 4th industrial revolution era.
We cordially invite you to the ITC 2017, which is co-organized by Ulsan Metropolitan City, Ulsan Port Authority, and Ulsan National Institute of Science and Technology (UNIST), and sponsored by the Korea Economic Daily. We really appreciate your attendance in the conference.
UNIST, President Jung Moo-young
Ulsan Port Authority, President Kang Jong-yeol

Program
-
Date :
October 25(Tue), 2017
-
Venue :
Crystal Ballroom, Lotte Hotel Ulsan (Address: 282, Samsanro, Namgu, Ulsan, Republic of Korea)
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Session Description :
Session | Time | Subject | Company, Position | Speaker |
---|---|---|---|---|
Registration | 09:00 ~ 10:00 (60′) |
Registration | ||
Opening | 10:00 ~ 10:40 (40′) |
Welcome Speech & Congratulatory Address | ||
Keynote Address |
10:40 ~ 11:40 (60′) |
Energy Market Outlook due to Change in Industry EnvironmentMC: Victoria Kim(UNIST, Professor) | ||
Shale Revolution and Paradigm Shift in Energy Market |
SK Gas, CEO | Lee, Jae Hoon | ||
Big Data, Energy Information, and Market Dynamics |
U.S. Energy Information Administration, Senior Economist | Thomas Lee | ||
Session Ⅰ |
11:40 ∼ 12:00 (20′) |
Progress of Northeast Asia Oil-Hub Project | ||
Current Status and Future Tasks of Oil Hub Project in Ulsan |
Ulsan Development Institute, Senior Research Fellow | Kang, Young Hoon | ||
Luncheon | 12:00 ~ 13:30 (90′) |
Luncheon & Networking | ||
Session Ⅱ |
13:30 ~ 15:00 (90′) |
Strategies for Expanding Northeast Asia Oil MarketChair: Young Seok Moon (Korea Energy Economics Institute, VP) | ||
Strategies for the Active Promotion of Importing of U.S. Crude Oil in Korea |
Korea Energy Economics Institute, Researcher | Jae Kyeong Kim | ||
Long Term Oil Market Outlook and Opportunities of Northeast Asia |
JX Nippon Research Institute, Analyst |
Hiroaki Norita | ||
Evolution of Oil Benchmarks and Its Impact on Pricing Hubs |
Argus Media, Asia Product Editor |
Hanwei Ng | ||
Break | 15:00 ~ 15:30 (30′) |
Coffee Break & Social Meeting | ||
Session Ⅲ |
15:30 ~ 17:00 (90′) |
Application of Big-Data to Energy Market)Chair:Dae Jin Kim (UNIST, Professor) | ||
Benefits of Energy Risk Management by Nonfinancial Firms: Evidence from Academic Research |
Oklahoma State Univ., Professor |
Betty Simkins | ||
Managing COP21 using a Stock and Oil Market Integration Index |
Monash Univ., Professor |
Jonathan Batten | ||
Inferring Energy Fundamentals through Price-relationship Data |
Univ. of Colorado, Research Council |
Hilary Till | ||
Closing | 17:00 ~ 17:10 (10′) |
Closing Address |
Guideline for Registration
※ All participants are required to register for the conference.
Pre-registration
- Period : September 11(Mon), 2017 ~ October 17(Tue), 2017
- Registration fee : Free
- Process
Step 1
Online advance registration for participation
Step 2
Confirm identification at the information desk
Step 3
Enter the seminar room with your name badge and handout materials
Onsite registration
- Period : October 25(Wed), 2017
- Where : Registration desk(2F Lotte Hotel Ulsan)
- Registration fee : Free
- Process
Step 1
Online advance registration for participation
Step 2
Confirm identification at the information desk
Step 3
Enter the seminar room with your name tag and handout materials
Contact
- Tel : +82-52-217-3171
- Fax : +82-52-217-3101
- Email : [email protected]
- Address : CIET, Room #601, Business Administration Building,UNIST-gil 50, Eonyang-eup, Ulju-gun, Ulsan, Republic of Korea
Accommodation
Hotel | Address | Contact | Web |
---|---|---|---|
Lotte Hotel Ulsan | 282, Samsanro Namgu, Ulsan, Korea | +82-52-960-1000 | 롯데호텔울산 |
Lotte City Hotel Ulsan | 204, Samsanro Namgu, Ulsan, Korea | +82-52-990-1000 | 롯데시티호텔울산 |
Shilla Stay Ulsan | 200, Samsanro Namgu, Ulsan, Korea | +82-52-901-9000 | 신라 스테이 울산 |
Ulsan City Hotel | 246, Samsanro Namgu, Ulsan, Korea | +82-52-240-2000 | 울산 시티 호텔 |
Directions
Lotte Hotel Ulsan
- Address : Lotte Hotel Ulsan 282, Samsanro Namgu, Ulsan, Korea
From Ulsan KTX Station to Lotte Hotel Ulsan
< Ulsan Station → Lotte Hotel Ulsan >
- By Taxi : Traveling Time : About 40 min.
- By Bus : - Take KTX express limousine bus #5001 from Ulsan KTX station and get off at Boram hospital. Walk to Lotte hotel ulsan from Boram hospital.-Take city express bus #1703 from Ulsan KTX station and get off at Ulsan inter city bus terminal. . Walk to Lotte hotel ulsan from Ulsan inter city bus terminal.
From Ulsan Airport to Lotte Hotel Ulsan
< Ulsan airport → Lotte Hotel Ulsan >
- By Taxi : Traveling Time : About 20 min.
- By Bus : -Take Regular bus #453, #432 or #482 from Ulsan airport and get off at Ulsan inter city bus terminal. Walk to Lotte hotel ulsan from Ulsan inter city bus terminal.- Take Regular Bus #702 from Ulsan airport and get off at Ulsan express bus terminal. Walk to Lotte hotel ulsan from Ulsan express bus terminal..
From Ulsan Express Bus Terminal / Ulsan Inter City Bus Terminal to Lotte Hotel Ulsan
< Ulsan airport → Lotte Hotel Ulsan >
- On Foot : -Get off at Ulsan express bus terminal(final bus stop) or Ulsan inter city bus terminal(final bus stop) and walk to Lotte hotel ulsan. It takes about 5 min. from each terminal to Lotte hotel ulsan.