... Russia this is not good news as it is yet to complete any big gas deals with China, while its traditional European market is forecasted to persist in being difficult. Although European production will actually decline and imported gas will increase, the ... ... posts stress there are serious problems for certain suppliers in financially breaking-even with such setup.
Hot Subzero LNG
Over the last 10 years LNG-liquefaction capacities increased by 2.5 times around the world to 360 bcm. Major commissioning ...
... fruition.
In 2000 shale gas accounted for less than 1% of the US energy mix, but in 2011 this figure has exploded to 34%, or 214 billion cubic meters. Currently, 16 US states have shale operations. As a result, US natural gas imports fell by 45% whereas LNG import decline by 19% since shale inception. Impressively, by 2015 the overall energy figure should increase to 43% and by 2035 to 60% – if correct, making US the leading gas producers in the whole world, although that is a very high target....
... participate. Finally, perhaps if Russia continuous to do well with its demographic campaign it may offset some of the costs by developing a local economy and demand, thus making exports less expensive.
- Liquefied Natural Gas with Asia on Route:
LNG demand will increase, particularly in Asia, as developing economies will search for more energy. As a consequence other LNG users will see price rises, for instance Japan will see continuous increases in prices for the next 20 years; especially now ...
