The Global LNG Market Outlook: Too Many Sellers, Not Enough Buyers
Dr. Fereidun Fesharaki
Chairman and Founder of FGE
Senior Associate, Energy and National Security Program, CSIS
The CSIS Energy and National Security Program is pleased to host Dr. Fereidun Fesharaki, Chairman and Founder of FGE, for a discussion of the global natural gas markets. As the low price environment persists, the debate over the impacts on gas production in the United States and globally continues. Spot prices have entered a long term lull disconnected from contract prices; European prices may remain weak for some time; and in the United States, many sellers are still planning to proceed with export projects. The LNG market turmoil will likely hit new heights in 2016 with so much additional volume in the market. How can the markets rebalance? What is needed to bring sanity to the market? David Pumphrey, Senior Associate with the CSIS Energy and National Security Program, will moderate the discussion.
Dr. Fesharaki is Chairman of FACTS Global Energy (FGE) and a Senior Associate with the CSIS Energy and National Security Program. FGE is a leading consulting group focusing on the oil and gas markets East of the Suez, Europe, and the United States. His work is well-recognized worldwide for pioneering oil and gas market analysis and studies of the Asia Pacific/Middle East energy markets since the early 1980s. Born in Iran, he received his Ph.D. in Economics from the University of Surrey in England. He then completed a Visiting Fellowship at Harvard University’s Center for Middle Eastern Studies. In the late 1970s, he attended the OPEC Ministerial Conferences in his capacity as Energy Adviser to the Prime Minister of Iran. He joined East-West Center in 1979 and was a Senior Fellow leading energy-related research till end 2013. In addition, Dr. Fesharaki is the author of more than 100 papers and has authored or edited over thirty books and monographs.
Check out our post-event podcast: Iran’s Economic Reintegration and Natural Gas Markets: A Conversation with Fereidun Fesharaki, Frank Verrastro, and David Pumphrey.