The global natural gas market is undergoing dramatic changes, with additional LNG supplies set to hit the market in coming years, price competition between natural gas and renewables becoming fiercer, supply security concerns across Europe, and fugitive methane emissions as an increasingly large climate concern.
On a new episode of Columbia Energy Exchange, host Jason Bordoff is joined by Maarten Wetselaar, the Integrated Gas & New Energies Director and Member of the Executive Committee at Royal Dutch Shell, to talk about these issues and more. Maarten joined Shell straight out of university and has held numerous roles across the downstream, trading, and upstream businesses.
Maarten and Jason discussed Shell’s Gas and New Energy Portfolio, one of Shell’s largest businesses. Maarten provided his view of the outlook for global gas demand and also gave his thoughts on the way in which gas and renewables can work together as the world transitions towards a lower carbon future.
Other topics discussed include the integration of BG Group into Shell, Shell's goal to become an integrated power provider, the role that Shell can play to reduce its own carbon footprint -- particularly with respect to methane leakage -- and the role that policy can play in tackling this critical issue.