OIES Podcast – Reflecting on 20 years of the OIES Gas Programme

In this slightly extended OIES podcast, brought to you by the Gas Programme, James Henderson and Jonathan Stern reflect on 20 years of activity in the global gas market since the Gas Programme was formed by Jonathan in 2003. They discuss the impact of liberalisation in the EU gas market, which was one of the first major themes covered by the Programme, before moving onto the role of Russian gas, the increasing role of gas in Asia, the emergence of LNG as the major source of trading in the global market and the importance of the North American shale gas revolution. They also consider the role of gas in the energy transition and the importance of the new focus on methane emissions if gas is to be taken seriously in the decarbonisation of the global energy system. Finally, they reflect on the impact of the Russian invasion of Ukraine in 2022 and the subsequent energy crisis and ask whether this has fundamentally changed the outlook for gas not only in Europe but across the world.

By: OIES