Oil & Natural Gas Special Interest Group
A community for process professionals

Understanding Global Gas Markets in a Period of Change - Howard V Rogers - Recording available

Date From: 03 July 2014
Description: A one hour online presentation to be give by Howard Rogers, Natural Gas Research Programme. The webinar will describe the periods of 'creative destruction' in the recent past and look beyond 2015 at the factors which might shape markets in the next 15 years. This webinar is a joint webinar by SONG and the Aberdeen Members Group. Members of the Oil and Natural Gas Special Interest Group can replay a recording of this webinar free of charge, and view the slides. Visit the group's Resources area and log in with your membership number and PIN / password to access the webinar archive.
Event Type: Special Interest Groups
Venue: Online

Replay recording

Members of the Oil and Natural Gas Special Interest Group can replay a recording of this webinar free of charge, and view the slides. Visit the webinar archive and log in with your membership number and PIN / password.

Not a member of the Oil and Natural Gas Special Interest Group? Join here >>

Topic

Gas, although a clean, low carbon fossil fuel, suffers from having a low energy density and hence is expensive to transport and store. Gas markets have tended to develop close to sources of supply and pricing and contractual norms have been regionally focused historically.

The early liberalisation of the North American and UK markets has been followed more recently by Continental Europe - replacing long term oil indexed contracts with traded hub prices as the key price formation mechanism. Asian LNG may follow in the 2020s. These evolutionary adaptations have been accelerated by unforseen shocks in the supply-demand balance of the 'global system' facilitated by LNG arbitrage.

The analytical approach is based on a 'mass balance' and a represantation of the global gas system as a 'process'. This avoids much abstract economic theory and makes the real dynamics accessible to a chemical engineering mindset.

Those involved in the energy industry (and sectors reliant on gas as a process input) who wish to gain an understanding of how the wider gas market works will find this presentation highly beneficial.

Presenter

  

Howard Rogers is currently a Director with the Natural Gas Research Programme in Oxford Institute for Energy studies, upon retiring from BP after 29 years of service, in 2008. The Institute was voted the number one Global Think Tank for Energy and Resources Policy in an international poll. 

 

In his early years, he worked as a chemical engineer in Hull for 4 years. For 20 years, he worked in upstream business development in various roles in the UK, US, Kuwait and Azerbaijan. During his last 5 years in BP were as Head of Global Gas Fundamental Analysis.

Format

A one-hour live webcast, with opportunity for Q&A.

Duration (for CPD recording purposes): up to one hour.
If you are recording mandatory CPD you should refer to your own regulator's requirements as recognition of CPD hours may vary. Visit www.icheme.org/cpd for more information.

Webinar archive

Oil and Natural Gas Special Interest Group webinars are free of charge and open to all to attend, but if you wish to gain access to slide presentations and recordings of webinars to replay on demand, in our growing online webinar archive, then you'll need to join the Oil and Natural Gas Special Interest Group. All IChemE members can join one special interest group free of charge, as part of their membership package.

Future webinar programme from the Oil and Natural Gas Special Interest Group

If you're interested in giving an online presentation to our international community of chemical engineering, we'd like to hear from you. Please email specialinterestgroups@icheme.org with information on yourself and your proposed talk.

Share this page

 

My IChemE

IChemE is a registered charity in England & Wales (214379), and a charity registered in Scotland (SC 039661).