Singapore
Daniel is Associate Professor (Practice) in Carbon Markets at the Nanyang Business School. Before transitioning to academia full-time, he spent close to 18 years in industry where he undertook a variety of roles across the Energy and Decarbonization value chains, including Commodity Trading, Acquisitions & Divestments, and Capital Project Delivery. Previous adjunct teaching appointments include Shell's in-house Advanced Negotiation Program; Integrated Gas Agreements Course; and leading the delivery of its Natural Gas Course. He has lived and worked in the UK and Singapore whilst leading negotiations/projects in various jurisdictions such as Australia, Brunei, Indonesia, Malaysia, Netherlands, New Zealand, Pakistan and Thailand. His current teaching focus areas include both the topics of Climate Risk and Carbon Markets, which he delivers at the Undergraduate, Post-Graduate and Executive Education levels respectively.
The Carbon Markets Academy of Singapore (CMAS) is a collaboration between NTU Singapore, Enterprise Singapore, and the Singapore Economic Development Board. It was established to meet the talent development needs of the Carbon Services and Trading Sector in Singapore and the region. For more details, see our website: https://www.ntu.edu.sg/business/CMAS
Teaching & Research Areas of Interest: Climate Risk; Carbon Markets
1. Overall leadership of CIX’s front office teams across its 3 platforms (Exchange, Auctions, Marketplace), as well as Supply Origination and Data Commercialisation. 2. Constructed and established business and commercial frameworks across all 3 platforms, including budget setting and outlining 3-year business plan till 2025 3. Inclusive leader, believer in Diversity, leading a team of specialists across different client segments (Trading Houses, Financial Institutions, Large Cap, Mid Cap, SMEs, Carbon Financiers & Funds, Carbon Developers)
1. New Business Development: Led Shell’s Nature Based Solutions (a forestry based offsets initiative) entry into Peninsular Malaysia, securing a partnership arrangement with a State Government for potential carbon projects within the state; Led Shell’s LNG Trading market entry efforts into Pakistan by securing a Heads of Agreement for regasification access into a LNG terminal; Served on the Management Committee for PEG, a Pakistan incorporated JV as Shell’s shareholder representative; 2. Acquisition & Divestments: Led corporate partnership M&A discussions between Shell and a South-East Asian National Oil Company focussing on LNG portfolio acquisitions and joint venture partnerships. Separately led negotiations to successfully divest Shell’s position in upstream Thailand (US$750 mln); and MLNG TIGA, Malaysia (US$750 mln). Led initiatives to review divestment pathways for several other midstream & upstream assets in South East Asia. 3. Fiscal Renegotiations with Government: Successfully led negotiations, for an improvement in fiscal terms between Shell and a South-East Asian Government to deliver investment in selected upstream gas fields.
1. Gas to Power; LNG Regasification: Secured Shell’s shortlisting and eventual selection as Singapore’s LNG importer (1 mtpa) in a competitive tender by the Government of Singapore; Successfully led negotiations with a counterparty to secure 20-year option to supply regasified LNG via tolling/balancing arrangements; Developed commercial arrangements for and progressed LNG regasification projects in the Philippines and China. 2. Large Scale LNG Supply Projects: A key commercial team member across multiple LNG Supply initiatives including the acquisition of Elk/Antelope gas discoveries in Papua New Guinea; conclusion of the Joint Operating Agreement and Lifting & Balancing principles (Canada); development of a Facilities Sharing Agreements and Lifting & Balancing Agreements (Australia); and reviewing gas/LNG pricing mechanisms for (Australia, South East Asia).
1. Successfully developed and led the implementation of Shell’s market entry strategy into the Australia and New Zealand emissions trading markets via engagement with customers, suppliers and governments stakeholders. 2. Accountability for the establishment and management of Shell’s CO2 Trading desk in Singapore. Oversaw successful nascent phase of the Singapore CO2 Trading desk, which saw growth in P&L (US$XY mln), headcount, and cross-geographical trades.