Navigating LNG Supply Risks
How do LNG companies safeguard against sudden supply shocks? Delve into the complex world of risk management and force majeure provisions.
Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?
I have 30 years of experience in the energy sector, mainly in oil and gas. I spent my first 10 years at British Gas and the last 20 years at Shell.
I have worked with two major oil companies, Shell and British Gas. For 25 years, I focused on the commercial side of gas and LNG, including pricing, contracts, disputes, negotiations, and long-term sales. I also have experience with infrastructure like transmission, terminals, and networks, as well as stakeholder management. I have worked closely with both government and private sector leaders, often at the C-suite level, to build transactions. In the last five years, I shifted to low-carbon solutions, helping set up manufacturing for products that reduce carbon emissions compared to traditional fossil fuels. These include renewable diesel, which can replace regular diesel, and second-generation ethanol, which can be blended with petrol or gasoline for vehicles and buses. There is also sustainable aviation fuel, which replaces traditional jet fuel and helps lower carbon emissions. Another example is renewable natural gas, sometimes called CVG.
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