Ernie Thrasher

Xcoal Energy & Resources

Chief Executive Officer & Chief Marketing Officer

Ernie Thrasher has over 45 years of experience in the energy and natural resources industry. His experience began in 1974 working for a family-owned mining company with operations in Maryland where he held various positions in operations and management through 1981. Prior to forming Xcoal Energy & Resources in 2003, Mr. Thrasher spent 22 years in various global marketing positions at Primary Coal and AMCI. Xcoal is a global coal marketing and logistics company with mining investments in the United States and Australia. Mr. Thrasher leads a 100+ person team spread across 20 offices globally. As a leader in the energy and natural resources industries, Xcoal has developed and employs innovative logistical processes to reach global markets around the world. Mr. Thrasher also founded XLNG Energy & Resources in 2015, which is marketing LNG originating from global sources with emphasis on natural gas reserves. He serves as a Director of Coronado Global Resources, on the President’s Leadership Council-–Boy Scouts of America, is a member of the Council on Foreign Relations, serves as a Director on the National Committee on US-China Relations, serves as a Director of the US-India Strategic Partnership Forum, and serves on the Global Board of Trustees of Asia Society.

SESSIONS WITH Ernie Thrasher

Tuesday, October 27

  • 06:45pm - 07:20pm

    Executive Conference

    Growing Share of Gas in India's Energy Mix: What is realistic?

    To diversify India’s energy mix and develop a gas-based economy, India has set an ambitious target of increasing the share of natural gas in its primary energy mix from 6% to 15% by 2030. The government has launched targeted reforms for development of natural gas infrastructure, expansion of city distribution networks, market-determined gas pricing, and increased domestic gas production. For LNG developers, India therefore offers great potential.

    What are the prospects and challenges for increasing the share of gas in different sectors of the economy?
    What role can LNG play to support that objective, and how can the global gas market support India’s import needs?
    What needs to happen to further promote India’s LNG imports?
    Is the current price regime adequate for gas to reach 15% of the primary energy mix?
    Is gas a competitive commodity at the consumer level to grow the share of gas for power and industrial uses?
    What are some international best practices for gas markets and pricing that can be adapted for India?