Start the conversation
Energy and national security have always been tightly linked, and never more so than today. That means that my own involvement in global energy sometimes turns rather geopolitical…
And as my suddenly packed travel schedule shows, another round of that is about to happen quickly.
Early next week I'll be flying off to Paris, to meet with a group of bankers and financiers. I'm afraid I'm not allowed to divulge any names, but suffice it to say that these people – whom I've advised for some time – are very influential…
And about a week later I'll be off to Frankfurt. Now, on the agenda of both meetings are major changes taking place in global oil and natural gas. As always, I'll be bringing you along, right here.
But the parties in that second session will be quite different. You see, a new energy power is on the rise, and it's making its presence known…
In Energy Finance, Paris Is the New London
First up is my meeting in Paris, with a group of international banking and finance folks I have advised for some time.
They specialize in energy mega-moves – e.g., large project finance, the running of derivative paper to bridge sector shortfalls, paralleling commodities future contracts with the actual ownership of the underlying product, and the occasional bankrolling of a rentier government.
We have these meetings several times a year. I'm there to provide updated global analysis of markets and possible investment targets. I serve as the only outside expert to these heavy hitters.
We used to gather in London when that was still the center of the energy financing universe. However, that has begun to change in the aftermath of Brexit. London's district in the shadow of St. Paul's ("The City") is not going to be the place to go much longer, as the UK is no longer the ready gateway to the continent and beyond.
Some of that action will move to Dublin. But the bulk will be coming to Paris, where the combination of banking and international energy agencies awaits.
Two of our three most recent meetings occurred in the "City of Lights." The last was over portions of three days in October (followed by a meeting in Abu Dhabi the next month). More specifically, the location is a very famous one in Paris…
We're Following in Henry Kissinger's Footsteps
It's now called "Le Bar Kléber." Located on the ground floor of the Hotel Peninsula, it may be the most famous watering hole in recent history. Many of us simply refer to it as "Kissinger's Bar," because it was here that, almost 44 years ago, Henry Kissinger signed the Paris Peace Accords that ended the Vietnam War.
It was actually a salon back then. But leave it to an American secretary of state to pick such a venue. For those who lived through the period, it has become one o…
About the Author
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk assessment, and emerging market economic development. He serves as an advisor to many U.S. governors and foreign governments. Kent details his latest global travels in his free Oil & Energy Investor e-letter. He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle.