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Tim Mendelssohn

Chief Executive Officer at Spark Commodities

Tim Mendelssohn, Chief Executive Officer at Spark Commodities

Tim Mendelssohn is the Chief Executive Officer of Spark Commodities, a technology startup focused on providing price transparency in the LNG market.123 He has over 10 years of experience in the energy industry, having previously worked as an LNG trader and charterer at Koch Supply & Trading and in various roles at BP.1

Career Highlights

  • Chief Executive Officer at Spark Commodities (May 2021 - Present)1
  • Managing Director at Spark Commodities (February 2019 - May 2021)1
  • LNG Trader and Charterer at Koch Supply & Trading (June 2017 - February 2019)1
  • Global LNG Operations Analyst/Cargo Operator at BP (September 2014 - August 2015)1
  • Procurement and Supply Chain Management Graduate at BP (September 2012 - September 2014)1

Education

  • University of Bath: International Business Management and Spanish1
  • Lord Wandsworth College: A levels in English Literature, French and Spanish1

Certifications

  • Professional Diploma in Procurement and Supply from The Chartered Institute of Procurement & Supply (CIPS)1
  • Advanced Diploma in Procurement and Supply from CIPS1
  • Diploma in Procurement and Supply from CIPS1

At just 31 years old, Tim is significantly younger than the average Managing Director in Singapore.2 He is passionate about using technology to provide critical tools for the LNG market as it transitions into a more liquid commodity.2

Highlights

Apr 25 · linkedin

🎉 5 years of persistence, resilience and progress in a volatile, increasingly complex market 🚀|

Five years ago, we set out on a mission to redefine the pricing of critical parts of the #LNG value chain. Back then, the pricing options were in the hands of one or two players with no incentive to change and drive progress.

There were no round trip forward curves or daily spot assessment in the LNG #freight market. European LNG was a gas hub price minus a fixed constant. European terminal costs were opaque and hard to decipher. Last but not least, critical market information was often delivered in an archaic format.

The LNG industry is experiencing a rapid transformation and LNG transactions are becoming increasingly complex. Clear visibility and transparency into pricing mechanisms and supply chain dynamics are needed to instil trust and confidence across market participants.

Piece by piece, year after year, we’ve built, iterated and improved our platform driven by the belief that our customers deserve choice, transparency and progress. Although the barriers to entry in our industry remain high and challenges persist, we are committed to driving progress.

A big thank you to all of our customers who believe in what we are  achieving. Despite our industry going through unprecedented events, many of the world’s largest players have shown continuous strong support and we are very grateful for that.

Looking forward, it’s clear that the only constant will be change. At Spark Commodities, we have ambitious plans to build solutions to the problems our customers face and remain really excited to make this happen.

To our customers, thank you. And to every team member at Spark in Singapore, London and Paris, let’s keep pushing forward. ⚡

Mar 26 · linkedin

⚡ Spark Commodities Access and Cargo products connecting European terminal regasification costs with European delivered LNG costs

📈 SparkNWE-B-F seeing a fourth consecutive month-on-month increase

Spark's North West Europe (NWE) DES #LNG front month #TTF basis assessment has seen a month-on-month narrowing for four consecutive months, narrowing over $0.50/MMBtu since the start of the year.

As such, the current NWE-TTF differential does not cover the full regas costs for almost all European import terminals.

Gas and LNG markets are getting increasingly connected; we're making sure market participants have the data sets they need.

Related Questions

What inspired Tim Mendelssohn to transition from trading to starting Spark Commodities?
How does Spark Commodities' technology platform differ from traditional commodity market tools?
What challenges has Tim faced in building Spark Commodities from scratch?
How does Tim's background in LNG trading influence his approach at Spark Commodities?
What are some of the key innovations Spark Commodities is introducing to the commodity market?
Tim Mendelssohn
Tim Mendelssohn, photo 1
Tim Mendelssohn, photo 2
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Experience

Chief Executive Officer at Spark Commodities (May 2021 - Present)
Managing Director at Spark Commodities (February 2019 - May 2021), LNG Trader and Charterer at Koch Supply & Trading (June 2017 - February 2019); LNG Freight and Operations Manager at Koch Supply & Tr at Elephant Branded (January 2012 - August 2014)

Education

University of Bath, International Business Management and Spanish (2008 - 2012); Lord Wandsworth College, A Levels in English Literature, French, and Spanish (2002 - 2007)

Location

London, England, United Kingdom