Wednesday 10 May 2017

Integrating Eastern Europe’s Regional Gas Markets

Kerynia, Level -1, Filoxenia Conference Centre

Eastern Europe, a region traditionally under pressure from East and West, is pursuing numerous gas pipeline interconnectors between regional gas markets to enhance energy security and market efficiency. Bulgaria, Greece, Hungary, Romania and Turkey have been vocal in pushing plans for creating national gas hubs. The process of creating a hub has however still to enter the phase of actual design and implementation. 

The panel will examine what makes interconnectors and gas hubs economically impactful and which scenario for further gas market integration is most likely.

Learn more about the Integrated Quality.

 

Moderator

Eric Rasmussen

Head of Natural Resources, EBRD

Speakers

Petru Ion Vaduva

CEO, Transgaz S.A.

Milosz Momot

Senior Policy Coordinator, European Commission, DG NEAR

Jayesh Parmar

Partner, Baringa

Erik Rakhou

Senior Manager, Baringa

John Roberts

Senior Fellow, Atlantic Council

Petru Ion Vaduva

CEO, Transgaz S.A.

Petru Ion Vaduva is the CEO of Transgaz.  Transgaz is a state-owned company, which is the technical operator of the national natural gas transmission system in Romania. Transgaz has a gas transport capacity of 30 billion m³ and a pipe network of 13,000 km. Mr. Vaduva has been the CEO of Transgaz since June 2013. Before he worked a board member in Unicredit and held several positions in investment funds and investment banks. 

 

Milosz Momot

Senior Policy Coordinator, European Commission, DG NEAR

Milosz Momot has been with the European Commission since April 2005 and is experienced with energy policy, infrastructure financing and project finance. Until 2009, with TEN-T policy unit of DG TREN, in charge of infrastructure funding and public private partnerships. Between 2009 and 2013 in transmission infrastructure division of DG ENER working on the guidelines for trans-European infrastructure, Connecting Europe Facility, Southern Gas Corridor (SGC) and infrastructure in the Energy Community. Between 2014 and 2015, at ENER A4, in charge of financial instruments, cooperation with IFIs and energy investments. As of 2016 with ENER B1 working on the PCI process, SGC and the review of the TEN-E guidelines. Previous private sector experience in logistics, process management and wind energy sector. Holds a master degree in logistics management from the Warsaw School of Economics, and a postgraduate degree in European Business and Law from the Handelshøjskolen i Århus.

Jayesh Parmar

Partner, Baringa

Jayesh Parmaris a partner at Baringa partners. Jayesh leads the strategic Energy Advisory practice at Baringa Partners and has more than 25 years of experience in the energy and utilities industries.  He successfully directed the liberalization of British Gas and has designed and implemented strategic change in major gas networks. He has a long history of working with commercial and political stakeholders across Europe, including hands on experience with creation of frameworks for European gas hubs.

Erik Rakhou

Senior Manager, Baringa

Erik Rakhou is a specialist in European energy market regulation and policy development, with 15 years of experience in European markets in both commercial and regulatory roles at the national and EU level. Erik works as management consultant for Baringa Partners, advising on variety of European energy markets topics. He assisted clients on a number of projects, including electricity and gas market design. Prior to joining Baringa Partners, Mr Rakhou worked at the European regulatory body for energy (ACER). His projects involved gas markets, network code design and preparations for European energy wholesale markets monitoring. His previous roles have also included working for a National Regulatory Authority, a major European energy utility and a regional distributor. Mr Rakhou is a speaker at various conferences; commands 6 languages. Mr Rakhou is an alternate member of the ACER Board of Appeal (2016-2021). Mr Rakhou authored a hand book on EU gas markets

 

Eric Rasmussen

Head of Natural Resources, EBRD

John Roberts

Senior Fellow, Atlantic Council

John M. Roberts is one of Europe’s leading energy security specialists. He has testified to UK parliamentary committees on Russian, Caspian, Turkish, Kurdish and Mideast energy security issues. A Senior Partner with Methinks Ltd and Senior Fellow at the Atlantic Council of the US, he was previously a Managing Editor with Platts and Financial Times Energy. He is also the Chief Analyst for Natural Gas World and writes frequently for Platts Energy Economist.

He has regularly toured the Gulf, the Caspian and the Eastern Mediterranean, as well as visiting the Alaskan North Slope, the Athabasca Oil Sands, China, Norway and Venezuela.