Peter van Driel

Peter van Driel is the Chief Financial Officer of ADNOC Gas, an ADX listed, large-scale integrated gas processing company and a subsidiary of ADNOC, one of the world's largest integrated energy companies with a market capitalization of over $65 billion. With a remarkable career spanning over three decades, he has earned a reputation as a highly skilled and seasoned finance executive, garnering extensive international experience through various senior roles within the energy sector. Van Driel embarked on his career at Shell in 1991, dedicating nearly three decades of service to the company, where he held diverse roles across several countries, including the UK, Philippines, Russia, the US and the Netherlands. Before joining ADNOC Gas, he served for nearly two years as CFO at Naftogaz, the Ukrainian state-owned oil and gas company, where he successfully spearheaded the transformation of the company and played a pivotal role in shaping its new strategic direction. With a wealth of experience, he has a track record of inspiring and motivating staff, fostering a collaborative work environment and employing creative problem-solving techniques. Van Driel holds a Master's degree in Business Administration from Rotterdam School of Management, Netherlands.

Session Overview

Wednesday, 6 November

All Sessions

15:25

Strategic Conference Conference Room B 15:25 - 16:10

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Natural gas and LNG infrastructure: meeting demand and climate goals

Global demand for natural gas is increasing, with projected 2.5% rise in 2024 according to IEA primarily driven by industrial and power sectors in Asia. China and India are leading this surge, while Europe continues to be a significant importer. The United States and the Middle East remain dominant exporters, supported by substantial investments in LNG infrastructure to meet growing demand globally.

To successfully address critical energy security priorities and maintain energy market balance, natural gas demand projections must be accompanied by carefully orchestrated strategies to navigate the difficulty of operating, maintaining and investing in gas assets to meet projected rising demand while maintaining momentum toward climate targets.

By taking a system-wide, forward-looking approach to gas system planning, utilities and regulators can better navigate the complex landscape of rising near-term demand and long-term decarbonisation priorities. This will be inclusive of regulatory transparency and oversight, improved gas-electric coordination, scenario planning and risk assessment, technology integration, and more.

Attendee insights:

Gain insights into the necessary investments in natural gas infrastructure and the regulatory actions needed to align energy needs with climate goals.