Bill Sooby BA, MBA, CEng
Bill Sooby has a degree in Physics and a MBA, and worked in the UK power generation industry during the 1980s. Subsequently, he worked Shell for 17 years in their LPG, aviation, and gas and power divisions. From 1997 to 2007 he was the LNG supply manager for Shell’s European gas and power businesses. Since then he has been working as an independent consultant to the LNG industry and more recently as a trainer for IBC Global Academy.
He has experience of structuring and completing large complex commercial deals in the gas and LNG business involving foreign governments and joint venture partners. He established a portfolio of LNG supply contracts for Southern Europe and in completing the gas supply chain to downstream wholesalers. This included negotiations with LNG suppliers in Oman, Nigeria and Qatar and with large end-users of gas in Southern Europe (e.g. power plants) for the supply of gas sourced from LNG.
He held responsibility for promoting innovative commercial structures to support gas supply and business development with potential Independent Power Producers. He was also a member of the team which closed a power tolling agreement for a 750MW gas-fired power plant in Spain.
Since leaving Shell in Autumn 2007 Bill has consulted on LNG business covering issues including:
- The availability and potential sources of short term and spot LNG volumes.
- LNG and gas pricing in the various markets of the Atlantic Basin.
- Developing a model of the global LNG supply/demand balance in the period 2008 to 2020 with particular emphasis on volumes which can be diverted between regional markets.
- The relative attractiveness to suppliers of potential new LNG terminals in Europe.
- The impact of gas prices on the cost of power generation and the competitiveness of various generation technologies.
- The value of potential LNG arbitrage opportunities, the potential barriers to achieving such movements of gas and ways of overcoming them.
He has also developed and delivered a number of training modules including:
- all aspects of the LNG business from upstream of the liquefaction plant to the end-user,
- a commercial overview of a LNG Sales & Purchase Agreement,
- an introduction to the economic modelling of major gas projects.