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John Gault is an independent economist based in Switzerland. He assists clients in the energy industries with investment decisions, the design and negotiation of contracts, and corporate planning. He previously served as Managing Director, IEDConsultants SA and Chief Economist of the International Energy Development Corporation (IEDC) group, now part of Kuwait Petroleum Corporation. Prior to joining IEDC in Geneva in 1982, Dr. Gault was affiliated with the Boston-based energy-consulting firm of Jensen Associates, Inc. Dr. Gault is a graduate of Yale University and holds a PhD in Economics and Middle Eastern Studies from Harvard. He has taught economics at the American University of Beirut and Bir Zeit University (West Bank), and is the author of numerous publications concerning taxation and fiscal systems, government price regulation, the economics of exhaustible resources, the politics of international oil trade, and methods of designing appropriate contractual terms. Dr. Gault co-founded the Montreux Energy series of international conferences. He is a member of the Geneva Petroleum Club, a Director of Tidal Electric, Inc., Co-Director of the Executive Master program in Oil and Gas Leadership at The Graduate Institute, and on the Editorial Board of the Journal of World Energy Law and Business (published by Oxford University Press and the Association of International Petroleum Negotiators).