Nicolas Zanen is responsible for trading LNG cargoes and for the marketing of Cheniere's US LNG export projects to the Asian markets.
Mr. Zanen has been in the energy industry for over 10 years, mostly in the LNG business. He joined Cheniere in 2007 and contributed to setting up and developing its LNG trading operations, including LNG re-export cargoes from its Sabine Pass LNG terminal. More recently, Mr Zanen led several long-term SPAs negotiations for Cheniere's Sabine Pass Liquefaction project. Prior to joining Cheniere, Mr. Zanen worked at SUEZ (now GDF-SUEZ) in various roles, including as LNG Trading Manager, in charge of global spot and short-term LNG trading for the company.
Mr. Zanen has an MBA from London Business School, holds a degree in Economics from the University of Brussels (ULB) and is a Certified Financial Analyst (from the European Federation of Financial Analysts Societies).
Ahead of his presentation on "The Emergence of U.S. LNG Exports and Its Impact on Global Gas Market Liquidity" at the 2nd Annual Gas Asia Summit, Mr. Zanen answers a few questions around the pricing paradigm for Asia's gas market, US exports, the impact emergingsupplierswill have on US exports and Singapore's plans for a competitive licensing framework.
1. Do you foresee a shift in the pricing paradigm for Asian buyers"re-engineering" of many traditional long-term contracts, particularly in Europe, and further opened the door toward more liberalization in the global gas market.
The Fukushima disaster of March 2011 also spurred spot and short-term trade activity to fill in the supply gap created by Japan's nuclear plant shut-downs, and underscored the importance of transparent spot markets and flexibility in long-term contracts as mechanisms to manage these risks. Deliveries under spot and short-term contracts (duration below 4 years) represent more than 25% of the globally traded LNG volume today according to data from GIIGNL, and more than 70% of that is delivered to Asian markets.
2. Do you think the US faces a challenge from other emergingsuppliers
3. What are your thoughts on Canada's export plans, how will they impact the US
4. What are your views on Singapore opening its market and introducing competitive licenses
BY: dmg events