Tag: Peter Voser

Kiran Stacey

Shell has begun to ship liquid natural gas cargoes into Tokyo to help meet their energy demands in the aftermath of the earthquake and subsequent nuclear crisis. The first batch into the Tokyo Bay area was agreed on Monday night, and significantly for global LNG prices, it had originally been intended for elsewhere.

This was confirmed by the CEO Peter Voser at Shell’s strategy day, where unsurprisingly, much of the focus from journalists was on recent events in Japan and the Middle East. As far as Japan’s effect on gas prices, Simon Henry, the company’s chief financial officer, had this to say:

Last night, we agreed the first cargo into the Tokyo Bay area. We will not be taking advantage of the short term pricing implications of that.

More towards the medium term, after the last earthquake in Japan, the country spent two years bringing the nuclear plants back online, which did support the LNG markets.

Kiran Stacey

Peter Voser

Image by Shell

In this week’s readers’ Q&A session, Peter Voser, the chief executive of Shell, answers your questions.

In the second of two posts, he discusses the future of natural gas, the controversial process of “fracking” and why biofuels are the answer to powering transport.

Next in the hotseat is Chris Huhne, the UK energy secretary, who will be answering your questions on electricity market reform next Thursday, December 23rd. Send in your questions for consideration by the end of today – Friday, December 17th – to energysource@ft.com.

But for now, over to Peter:

Kiran Stacey

Peter Voser

Image by Shell

In this week’s readers’ Q&A session, Peter Voser, the chief executive of Shell, answers your questions.

In the first of two posts, he addresses when and how the next oil price shock might happen, the future of the North Sea and why Shell left the Falklands.

In the second post, published above, he discusses the future of natural gas, the controversial process of “fracking” and why biofuels are the answer to powering transport.

Next in the hotseat is Chris Huhne, the UK energy secretary, who will be answering your questions on electricity market reform next Thursday, December 23rd. Send in your questions for consideration by the end of today – Friday, December 17th – to energysource@ft.com.

But for now, over to Peter:

Kiran Stacey

Macondo explosionThe BP oil spill has harmed the reputation of the entire oil industry, the chief executive of Shell, BP’s closest rival, has said.

Answering Energy Source readers’ questions, Peter Voser said:

Undeniably, the Macondo incident has greatly harmed the oil industry’s reputation. Our ablity to drill in deep water has been questioned, and that’s a serious matter.

Kiran Stacey

Image by Shell

Many thanks for all your questions for Yvo de Boer, former head of the UN climate change department and current advisor to KPMG. His answers will appear on this site on Friday, December 10th.

Next week, the person in the hotseat will be Peter Voser, the boss of one of the world’s biggest oil companies, Shell. This is your chance to ask him anything you want, from the controversy surrounding oil sands, to why Shell thinks gas is so important, to the prospects for drilling in the Gulf following the BP spill.

Email all your questions to energysource@ft.com by the end of Monday, December 13th.

Energy Source is no longer updated but it remains open as an archive.

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