Tarek Souki joined Tellurian as Senior Vice President - LNG Marketing and Trading in August 2016. Since joining, he has created the marketing team tasked with commercializing the Driftwood Project. Additionally, Tarek has overseen the build out of Tellurian’s LNG trading group. Prior to Tellurian, Tarek was VP of Finance and Business Development at Cheniere Marketing in charge of finance for the marketing and trading group. He also led the build out of the middle and back office functions for Cheniere’s trading desk. Before Cheniere, Tarek spent 14 years working in the banking industry, including most recently at Credit Suisse in New York and London. There he specialized in corporate and project finance for the resources sector. He holds an MBA from the University of Southern California and a BA in Economics from the University of California, Irvine.
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 role will LNG play in the mix and does it offer cost competitive supply? What needs to happen to further promote India’s LNG imports?