Energy analyst for the IEA World Energy Outlook, former Chancellor's Fellow at Edinburgh University, views are my own
Paris, France
Joined March 2017
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Peter Zeniewski retweeted
New @IEA Gas Market Report shows that in the 2 recent major gas supply disruptions in 2022 & 2026, US LNG has played a unique role in avoiding much more severe market impacts
US export capacity growth since 2016 is over 3x as fast as past buildouts by Russia, Australia & Qatar
Peter Zeniewski retweeted
Looking forward to joining President @WilliamsRuto of Kenya, Prime Minister @jonasgahrstore of Norway, US Energy @SecretaryWright & African Union Commissioner @LDMataboge for our High-level Event on Clean Cooking in Africa today
Watch live from 14:00 CEST iea.li/4vTAMGn
Peter Zeniewski retweeted
🚨 BREAKING NEWS: I'm delighted to announce that Nigeria is joining the @IEA after IEA Member countries unanimously approved the 🇳🇬 government's request
Very grateful to President Tinubu & Minister Ekpo for their trust. Look forward to working together ➡️ iea.li/4eCqfsY
Today’s @IEA World Energy Investment report is packed with fascinating data. At first read, trends are broadly business as usual, but capital investment decisions are a lagging indicator after geopolitical shocks. The impacts are yet to be fully felt. Below some interesting figs:
Meanwhile, in oil and gas spending, a ‘wait and see’ mindset is prevailing. Q1 guidance by majors and NOCs doesn’t show a huge amount of change. But there are signs companies are considering higher for longer oil prices, and planning accordingly.
More insights in the @IEA report: iea.li/4u4GSls
Peter Zeniewski retweeted
Delighted to announce that Tae-Yoon Kim has been appointed Head of @IEA's newly established Critical Minerals Division
He has played a key role in the IEA's leadership on critical minerals analysis & supply security and will spearhead the expansion of our work in this vital area
Peter Zeniewski retweeted
Clearing this type of #LNG supply growth is going to take lower prices. The key questions are:
How low will prices go?
How long will they stay there?
Will they rise again due to stronger demand (who's buying?) or reductions in supply (who's cutting?)
@ColumbiaUEnergy #ONGT
Will there be an LNG glut? Comparing this year’s @IEA World Energy Outlook scenarios provides some food for thought. Spoiler: a surplus forms in the Stated Policies Scenario and to an even greater extent in the Net Zero by 2050 Scenario, but not in the Current Policies Scenario…
In both the STEPS and the CPS, LNG grows faster than natural gas, but as the marginal source of supply (meeting 13% of global demand), its prospects are unusually sensitive to assumptions about how other things are doing, notably, renewables, coal, and electricity demand.
Moreover, there is always significant downside risk if climate ambitions are fully met; in the NZE Scenario, LNG/gas demand falls sharply by 2035, and so many of the current LNG export projects under construction aren't necessary. More to unpack here: iea.li/49dSDzj
