Gas Outlook – Winter 2013 and Beyond

Introduction

This seminar considered both the nature and impact of short and long term changes in demand for natural gas.  Driven largely by increasing availability of shale gas, especially in North America, most commentators see future growth in global gas demand.  This event examined the underlying nature of that growth in terms of changes in uses for natural gas, such as in chemicals and road transport.

As well as speakers from gas producers and suppliers, the meeting heard about the assessment of prospects for natural gas from a leading energy trader and the short-term UK gas outlook from National Grid.

Speakers

Teddy Kott
Teddy Kott is the Head of Global Gas Analysis for EDF Trading, a subsidiary of the EDF Group.  Headquartered in London, EDF Trading is one of the largest participants in global power, gas, coal, freight and environmental markets. Teddy is responsible for developing fundamental market views of North American gas, European gas, LNG, and LPG.

Prior to joining EDF Trading in 2011, Teddy directed energy research at LCM Commodities, an independent brokerage in New York.  He previously analyzed energy and emissions markets at Lehman Brothers and at PIRA.  Teddy holds a BA in Public Policy and American Institutions from Brown University and a Master of International Affairs from Columbia University’s School of International and Public Affairs.

Peter Parsons
Peter Parsons joined British Gas in 1981 after graduating in Chemical Engineering from Aston University. Early work centred on development of UK storage facilities including, Rough, Hornsea and LNG sites. Later work involved the development of the gas processing facilities at Barrow for supplies from the Morecambe gas fields. When British Gas trading and supply activities were separated became part of the newly formed transportation business, subsequently known as Transco. At Transco was involved in network planning and gas supply forecasting, also closely involved in the conversion of Grain from a storage facility to the UK’s first new LNG import terminal for forty years. Now responsible for National Grid’s energy supply forecasts (gas supply and power generation), these are detailed in the Gas Ten Year Statement. The forecasts are developed through an industry wide consultation as part of National Grid’s Future Energy Scenarios (FES). The gas supply forecasts together with auction signals for entry capacity account for the majority of gas transmission (NTS) investment. Also responsible for producing National Grid’s security of supply assessments, these include Winter Consultation / Outlook and the setting of the Safety Monitors which are used to ensure safe operation of the gas network every winter.

Lauran Weteman
Lauran is responsible for Downstream-LNG business. In this role he is leading the global market development activities introducing LNG as an alternative fuel for Heavy Duty [Marine, Road] Transport and Stationary applications.Since he joined Shell in 1995 he has held various commercial positions including Network Manager for Shell’s Retail activities in Latin America and M&A Portfolio Manager in Latin America. Most recently he was the General Manager for the B2B  Commercial Fuels business in North West Europe.  Lauran lived in The United Kingdom, Brazil and The Netherlands.He holds a Masters of Commerce from the University of Tilburg (MBA), The Netherlands.

Gautam Mukherjee

Gautam Mukherjee is Head of Gas, Liquids and Economic Analysis at Centrica.  Gautam has over 15 year experience doing market and strategic analysis in the energy sector covering power, gas and oil. He’s worked at Centrica for about a year and his prior experience was obtained working for consulting and E&P companies.

Resources