
Dr Tilak K. DOSHI
Chief Economist, Energy and Environmental Economics, and Principal Fellow
Phone: 6516-7079
Email: esitkd@nus.edu.sg
Research Interests
- Energy economics and policy
- Energy and climate change
- Oil and Gas markets in the East of Suez region
Short Biography
Dr. Tilak K. Doshi is an industry expert with over 15 years of international work experience in leading oil and gas companies. Currently, Dr. Doshi is Senior Advisor to the Board of Falcon Equity Advisors GmbH, a financial advisory and private equity firm with headquarters in Switzerland and offices in Dubai and Abu Dhabi. He is also consultant to a number of ventures, including LNG business in the Arabian Gulf and Asia, carbon emission reduction programs and in mergers and acquisition initiatives in the upstream oil and gas sectors in the MENA and Southeast Asia regions.
Among his prior executive management positions, Dr. Doshi was appointed by Dubai Multi Commodities Centre (a Dubai World company) as Executive Director for Energy in 2005 to specifically drive regional market and product development for the Dubai oil, gas and petrochemical sectors. Prior to joining DMCC, he worked as Consultant for Saudi Aramco in Dhahran, Saudi Arabia in the crude oil sales and marketing and corporate planning departments. Previously, he has held senior positions as Director of Industry Analysis at the Atlantic Richfield Company (ARCO), Los Angeles; Chief Energy Economist, Unocal Corporation, Los Angeles and Singapore; Head of Research, Louis Dreyfus Energy Asia, Singapore; and Principal Consultant at Arthur D. Little Inc., Singapore.
Before joining the private sector, Dr. Doshi was Head of the Energy Project at the Institute of Southeast Asian Studies. Dr. Doshi is the author of the first book to be published on the Singapore oil industry (Houston of Asia: The Singapore Petroleum Industry, ISEAS, 1989.)He received his Ph.D. Economics from the University of Hawaii on a scholarship provided by US government to pursue energy economics studies under leading oil and gas industry consultant Dr. F. Fesharaki at the East-West Center, Honolulu. His dissertation was on an Indonesia computable general equilibrium model for studying the impacts of energy-economy interactions. He was one of two candidates which were granted the 1984 Robert S. McNamara Research Fellow award by World Bank, Washington, D.C., and he received a Distinction for MA in Economics by Victoria University of Wellington, New Zealand.
Commentaries
Tilak K DOSHI, "Singapore can be Carbon Trading Hub for Ships", 15 December 2009
Tilak K DOSHI, "Jockeying for Advantage at Climate Summit ", 6 October 2009
Books
Houston of Asia: The Singapore Petroleum Industry, monograph published jointly by East-West Centre (Honolulu), and Institute of Southeast Asian Studies (Singapore: ISEAS, 1989, 147 pp., tables, figures). .
Book Chapters
“Price Discovery for Middle East Refined Product Exports”, chapter in Energy Perspectives on Singapore and the Region, edited by Mark Hong, (Singapore, Institute of Southeast Asian Studies, 2007).
“Oil Refining and Petroleum Product Specifications in Asia”, chapter in Strategic Positioning in the Oil Industry: Trends and Options, edited by Paul Stevens, (UAE, The Emirates Center for Strategic Studies and Research, 1998).
“The Energy Economy of a City State: Singapore”, chapter in Energy Market and Policies in Asean, edited by Shankar Sharma and Fereidun Fesharaki, (Singapore, Institute of Southeast Asian Studies 1991).
Refereed Articles
"Asian Oil and Gas: Coming of Age" in Southeast Asian Affairs 1993 (Singapore, ISEAS).
“Brunei: The Steady State”, Southeast Asian Affairs 1991 (Singapore, ISEAS).
Articles
“Dubai: Energy hub of the Middle East”, in The Petroleum Economist: Fundamentals of Middle East Oil and Gas, November 2008.
“Petroleum Products in Asia: The View from Singapore” in IAEE Newsletter (International Association of Energy Economics), Winter 1995.
"20 years after the first oil shock" in Business Times, 30 October 1993 (Singapore).
"Vietnam: the oil route to development is slippery" in Business Times, 4 September 1992 (Singapore).
"Trading paper barrels" in Far Eastern Economic Review, 2 March 1989 (Hongkong).
"Singapore: Optimism for the Houston of Asia" in
Far Eastern Economic Review, 26 May 1988 (Hongkong).
Reports
Vietnam: Asia's Newest Oil Exporter, multi-client consultant report priced at US$950 (112 pp., figures, tables), 1993.Country Report: Singapore, published by United States Department of Energy (Washington D.C.: DOE, 1988; 120 pp., tables, figures; under Research Grant No. DE-FG01-861E 10521.)
Conference Presentations and Public Lectures
Energy Policy Perspective at the Workshop on “Climate Change: How can Singapore Maintain a Balance between Economic Growth, Greenhouse Gas Emissions and a Habitable Environment?”, organised by Institute of Policy Studies, Lee Kuan Yew School of Public Policy, NUS, 6 March 2010.
“Asia’s Deadly Triangle: Energy Security and the Middle-East Asia Nexus” organised by ISEAS, 5 February 2010.
“Gulf Energy Security”, Energy Security Conference, organized by ESI, 22 May 2009.
Public lecture entitled "Energy security: Middle East, Asia and the current financial crisis", hosted by the Faculty of Business, Economics and Policy studies, University of Brunei Darussalam, 16 May 2009.
“LNG Trade: the future is flexible”, speaker by invitation to the International Association for Energy Economics conference in Perth Convention Exhibition Centre, Australia, November 5th – 7th, 2008.
“Emission Reduction Investments and Trading”, speaker by invitation to the 13th Asia Oil & Gas Conference, Kuala Lumpur Convention Centre, Malaysia, 8 – 10 June, 2008 (Asia’s premier annual oil and gas conference)
“UAE: Energy Hub of the Middle East”, 5th Mideast Upstream Conference, Madinat Jumeirah, Dubai, 27 - 28 May, 2008.
“Carbon Emission Reduction Investments and Trading”, MPGC 2008 (Middle East Petroleum and Gas Conference), Ritz Carlton, Doha, Qatar, 6 – 8 April, 2008 (the premier annual oil and gas conference for the Middle East)
”Gas Storage, Arbitrage and Swing: The Balancing Act Goes Global”, panel speaker by invitation to CERA (Cambridge Energy Research Associates) Week 2008, Houston, Texas (Feb 11 – 15, 2008) USA (one of the most prestigious energy conferences held in the USA, fellow panelists included Guy Caruso, Administrator, EIA and Philip Olivier, CEO of Suez Global LNG Ltd).
“Energy and Its Consequences”, presentation for the DZ Bank 5th Emerging Markets Conference, Dubai, UAE, Grand Hyatt Hotel, 4 – 6 November 2007
“Fujairah 380CST Fuel Oil Futures Contract”, speaker by invitation to FUJCON 2007 (Fujairah Bunkering Conference), Hilton Hotel, Fujairah, UAE, March 26 – 28, 2007.
“Price Discovery for Middle East Refined Product Exports”, presentation at ISEAS (Institute of Southeast Asian Studies), Singapore, 17 June 2006.
“Price Discovery for Refined Oil Products in the Middle East”, speaker by invitation, Asia-Pacific Petroleum Conference, Raffles City Convention Centre, Singapore, 5-7 September 2006 (Asia’s premier oil trading and downstream conference).
“Fuel Oil Futures in the Middle East”, presentation at 10th IIES Iran and Middle East Oil and Gas Forum, Tehran, Iran, 4 – 5 December 2005.
“Singapore as an Oil Trading Centre: Observations on Some Key Issues”, presentation at ISEAS, Singapore, October 2004.
"Crude and Product Markets, Refining and Oil Trade", speaker by invitation to 15th Pacific Rim Workshop on Energy Issues organized by the Aspen Institute, hosted and co-sponsored by the Asian Pacific Energy Research Centre (APERC) in the Shonan Village Center, Kanagawa, Japan (9 - 10 November 1999).
"Oil Refining and Petroleum Product Specifications in Asia", speaker by invitation to Second Energy Conference, organized by Emirates Center for Strategic Studies and Research in Abu Dhabi, UAE (26 - 27 Oct 1996).
"The Singapore Oil Complex: Contingency, Policy and Market", presented to the IAEE (International Association for Energy Economics) Annual North American Conference 1994 in Dallas, Texas (October 14 - 16th 1994).
"Energy Supply and Demand: 20 years after the first oil price shock", speaker by invitation to South Pacific Energy Conference organized by the Japan Institute of Energy Economics and sponsored by MITI in Tokyo, Japan (16 - 17 Feb 1994).
"Privatization and Southeast Asian Oil Companies", speaker by invitation to 11th Annual Pacific Rim Workshop on Energy Issues at Irvine, California, organized by the Aspen Institute, USA (31 Jan - 4 Feb 1994).
Media / Industry Journals: Interviews and Reports
Brunei Times, BBC, CNBC, Gulf News (Dubai), Dow Jones, Reuters, Petroleum Argus (London), Petroleum Intelligence Weekly (New York), Business 24/7 (Dubai), The National (Abu Dhabi), Business Times (Singapore), Far Eastern Economic Review (Hong Kong).
Other Publications (non-energy related)
Book chapters
“The economic architect: Goh Keng Swee (co-authored with Peter Coclanis), chapter in Lee’s Lieutenants: Singapore’s Old Guard, edited by Lam Peng Er and Kevin Y. L. Tan (NSW, Australia: Allen & Unwin, 1999, pp. 250).
“Chaining the Leviathan: A public choice interpretation of Singapore’s elected presidency”, chapter in Managing political change in Singapore: the elected presidency, edited by Kevin Y L Tan and Lam Peng Er, (Singapore: Routledge, 1997, pp. 240).
Refereed Articles
“Globalization in Southeast Asia” (co-authored with Peter A. Coclanis), The ANNALS of the American Academy of Political and Social Science, Vol. 570, No. 1, pp. 49-64, 2000
“Peasants, the state and policy constraints: The political economy of rural development in peninsular Malaysia 1957-69”, Journal of Peasant Studies, Vol. 15, Issue 4, pp. 475 – 499, 1988.
Review Essays
"Politics, Pragmatism and Economics: Reading the Political Sociology of Singapore”, Southeast Asian Journal of Social Science Vol. 4, No. 2, 1996, pp. 110 – 121. Review Essay of “Communitarian Ideology and Democracy in Singapore”, by Chua Beng Huat, London, Routledge, 1995, and “The Politics of Nation Building and Citizenship in Singapore”, by Michael Hill and Lian Kwen Fee, London, Routledge, 1995.“Business in South Asia: Conventional Wisdoms and Realities” Business History Vol 46, No4., 2004, pp. 645-651. Review essay of “Corporate Capitalism in Contemporary South Asia: Conventional Wisdoms and South Asia Realities”, edited by Ananya Mukerhji Reed (Basingstoke, Hampshire: Palgrave Macmillan, 2003, pp. 199)
Book Reviews
“Histories of the Borneo Environment: Economic, Political, and Social Dimensions of Change and Continuity” edited by Wadley, Reed L., Leiden: KITLV Press, 2005. Journal of Interdisciplinary History - Volume 38, Number 4, 2008, pp. 648-651
“Knowledge and Competitive Advantage: The Coevolution of Firms, Technology and National Institutions” by Johann Peter Murmann, Cambridge, UK: Cambridge University Press, 2003. Business History, Vol. 47, 2005.
Working Papers
"Political Regimes and Economic Growth: East Asian Miracles in Neo-Classical theory," Discussion Paper (co-authored with Ujjayant Chakravorthy), Institute of Southeast Asian Studies, Discussion paper, Singapore, 1992.