... duties on hundreds of billions of dollars-worth of goods from China. In response, China
announced
10% duties on American LNG effective 24 September 2018 and stopped importing American LNG.
A major project for supplying American liquefied natural gas to China (the Magnolia LNG project for constructing a terminal in Louisiana) with the participation of Chinese capital also turned out to be at risk. Additionally, Chinese companies are, in theory, interested in Alaska Gasline Development Corp’s project to build LNG infrastructure ...
... between two oceans. The map of the lanes will allow countries to avoid the many shallows, reefs and islands beyond the lanes and reduce the risk of environmental disasters.
South Korea continued to implement an ambitious
project
to build 15 ice class LNG carriers for Russia.
The development of Russia’s relations with China was particularly dynamic. Back in 2017, Beijing
proposed
the Polar Silk Road initiative, part of China’s larger “Belt and Road” initiative (the Silk Road Economic Belt and the 21
st
century Maritime Silk Road). In January 2018,
China published ...
... And this market is worth fighting for.
According to
Reuters, India was the second-largest importer of liquefied gas in 2017 at 1.7 million tonnes a month on average, leaving Japan a distant third with 1.1 million tonnes. The growth rate of India’s LNG imports is so high that the country might actually come close to the leader China in the near future, especially given that New Delhi briefly exceeded Beijing’s LNG imports in December 2017 (2.4 million tonnes versus 2.3 million tonnes).
Given the aggressive protectionist policies of the current U.S. administration, it is entirely ...
... coals (up 203 per cent year-on-year according to Reuters) – the highest-quality coals, whose reserves are very limited in China.
Coal production and coal exports in Russia are sure to increase with the implementation of major projects, including the ... ... Coal-Free Portfolio
The future of coal in Europe is unclear. As gas grows cheaper due to the gradual increase in the number of LNG suppliers and improvements to the regasification infrastructure, the demand for coal in the region is expected to decline ...
... for the operational period. Same interest rates are valid for the renmimbi denominated loan. In addition to that, seven Chinese and three Indonesian manufacturers are going to produce 70-80 percent of the equipment needed for the construction of the LNG facility on the Yamal peninsula. It will be the first time China’s Offshore Oil Engineering Corporation will be installing equipment by implementing its own LNG production technologies.
While it may seem to be a small victory for Russia, and Novatek in particular, we should ask a critical question: Is ...
...
[4]
. Novatek, Russia’s largest non-state gas producer initiated another LNG Project on Yamal peninsula. It will start producing LNG in 2016 and supply 16.5 million tons per year of the tanker-shipped fuel by 2018. 3 million tonnes per year of LNG is agreed to be supplied to China (CNPC).
These projects require significant investment and technological innovations for their development. In order to makeenergy stocks more attractive especially for Asian investors Russian Parliament has passed a new tax system in September 2013....
... out with the use of fishing boats (Bateman et al, 2007). At the same time, littoral states do not want to see state navies of China and USA to get involved due to sovereignty fears. It will be thus vital to see how regional coast guards develop alongside ... ... we know Asia is a leading producer of low-cost consumer goods. Also, in the last decade the world has recorded an upsurge of LNG tankers with Indonesia, Malaysia, Qatar and Australia shipping liquefied gas via Malacca to Japan and Korea. In all, most ...
... capacity. If this shale boom does occur it may fracture the Sino-Russian trading potential, but this potential remains weak as many pricing issues still remain unresolved. If current approach to pricing persists, the competitiveness of Russian gas in China seems doubtful. When LUKoil released its report, Russian gas cost ~$100 more than Turkmens and it was only somewhat competitive in contrast to expensive LNG from Australia and possible future deals all the way from Qatar.
Russia In Search of New Fields – Where Hast Thou Gone?
Russia has intermittingly changed between 1st and 2nd place with Saudi Arabia in total oil production over the recent ...
... have intensified as Gazprom realises it cannot wait forever and it even requested a 40% upfront payment by China for gasification.
At the time Mareš and Laryš wrote their article it looked like Russia had several options, like supplying China, Japan, the Korean Peninsula and even as far as India. Then it was mainly Gazprom’s modest LNG expertise that limited sizeable deliveries in the near future to the heavily LNG focused Asian states. But still, Gazprom made good progress by shifting 9% of Japanese LNG and 7% of its oil in 2011 to Asia. Vladivostok LNG terminal, due for launch ...
... counterpart for up to 68 bcm of gas (See: Bloomberg). This was a sizeable figure for China, as it is an emerging player in regards to this fuel type; although it currently adds up to a small portion of its overall energy mix, its growth has been very rapid. China has single-handedly fuelled more demand for LNG and expanded not only in its domestic, but also in international markets, like Africa (See: NYT). I was personally excited about opportunities between Russia and China, as Energy Minister Alexander Novak, issued a statement that both were working ...
