Tony Mackay

Tony Mackay


petroleum economist; expert in petroleum and mineral economics, economic impact assessment, gas market analysis and energy economics; formerly Professor of Economics, Aberdeen University

Key skills/ experience:

  • Petroleum and mineral economics
  • Economic impact assessment
  • Gas market analysis
  • Energy economics
  • National oil companies
  • Energy policy - North Sea, Central Asia and North Africa

Tony Mackay is an energy economist with over 30 years’ experience in the industry. He spent twelve years on the economics staff of Aberdeen University and is the author of many books, academic articles and reports on the economics of the oil and gas industry. Since 1984 Tony Mackay has worked as an economic consultant, initially in the North Sea and subsequently in many parts of the world, including the Western Balkans, Russia, Middle East and Asia-Pacific region. 

He has acted as a consultant and adviser to senior executives of many of the leading oil and gas companies in the world, as well as to government ministers in countries such as Saudi Arabia, Russia, Bosnia-Herzegovina, Norway and Papua New Guinea. He has also worked on many assignments for the World Bank, European Commission and other international agencies.

Tony Mackay has done many gas market studies, including recent ones on the gas market in the European Union. Earlier this year he wrote a 145-page report on “Prospects for Gas Demand and Supply in the European Union, 2010-20,” which has been widely used in the industry. Other recent market studies have included assessments of the potential for additional gas supplies to the EU from the Caspian Sea region and from North Africa.

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