Sunday, May 14

19:00 Welcome Reception  - Sponsored by RAO UES Russia

Monday, May 15 - Conference Opening

08:30 Introductory Remarks

• Chairman Angel Semerdjiev, ERRA; (Commissioner, State Energy and Water Regulatory Commission, Bulgaria)
• President Diane Munns, National Association of Regulatory Utility Commissioners (NARUC), USA

09:00 Keynote Address

• Mr. Herbert Ungerer, Director for Energy, Basic Industries, Chemicals and Pharmaceuticals, DG Competition, European Commission (confirmed)
• President George Verberg, International Gas Union (confirmed)

• Mr. Vyacheslav Sinyugin, Member of Management Board, OAO RAO “UES of Russia”, CEO of HydroOGK Russia

Plenary Session I: Energy Project Financing and the Regulatory Environment

09:40 Moderator: Dr. Gabor Szörényi, Director, Directorate of Energy Supply and Consumer Protection, Hungarian Energy Office, Hungary

09:50 Energy Project Financing: Nabucco Project

• Mr. Udo Giegerich, Senior Vice President, OMV Gas International, Leader, Nabucco Financial Working Group (confirmed)

10:10 Regulatory Comfort and Regulatory Risk

• Mr. Dale Perry, Business Development in Eastern Europe, The AES Corporation (confirmed)

10:30 Coffee break - Sponsored by the AES Corporation

11:00 Regulatory Perspectives: The Role of Regulation in Relation to Investments (generation and distribution)

• Mr. Sergey Novikov, Chairman, Federal Tariff Service, Russia (confirmed)
• Ms. Maria Manicuta, Commissioner, Romanian National Heat and Electricity Regulatory Authority (confirmed)

11:30 Investment Perspectives:

• Mr. Zlatko Cerepnalkoski, Senior Energy Expert, Investment Banker, Meinl Capital Advisors AG (confirmed)
• Mr. Chavdar Rissin, Emerging Market Corporate Banking Head, Citibank Bulgaria: Privatization of Regulated Business (confirmed)
• Dr.Tomasz Stawecki, Managing Partner, Baker & McKenzie (confirmed)
• Mr. Mikhail Slobodin, Chief Executive Officer, Integrated Energy Systems (confirmed)

12:00 Q&A with Audience

12:30 Lunch - Sponsored by International Gas Union (IGU)

Plenary Session II: Privatization and Post Privatization Investment- Current Regulatory Issues

14:00 Moderator: Dr. Peter Kaderjak, Director, Regional Center for Energy Policy Research (REKK), Budapest, Hungary (confirmed)

14:10 Overview of Regulatory Issues Faced by Private Companies and Regulators

• Mr. John Gulliver, Partner & Senior Energy Attorney, Pierce Atwood (confirmed)

14:30 Progress in Private Sector Participation in Natural Gas Sector Development in Turkey

• Mr. Ahmet Aydin, Head of Natural Gas Market Department, Energy Market Regulatory Authority, Turkey (confirmed)

14:50 Experience of Privatization in CEE/ SEE: Regulatory Role, Regulatory Impacts

• Mr. Florin Gugu, Head of Regulatory and Institutional Affairs, Enel Servicii (confirmed)

15:10 Coffee break - Sponsored by the National Associaton of Regulatory Utility Commissioners (NARUC)

15:30 Panel Discussions:
Utilities:
Mr. Emmerich Endresz, Chairman of the Board, ELMU (confirmed)
Mr. Lubos Pavlas, Executive Manager, CEZ, Romania
Mr. Fancisco Escat, Partner, Baker & McKenzie (confirmed)
Chairman Angel Semerdjiev, ERRA (Commissioner, State Energy and Water Regulatory Commission, Bulgaria)

16:20 Q&A with Audience

19:00 Gala Reception in the Academy of Science - Sponsored by the ELMU Budapest Eletricity JSC