Search: Energy,LNG (18 materials)


Energy Sector in Spain: Current State and Future Prospects

... gas demand. Even so, after bilateral contacts, Algeria guaranteed gas supply to Spain and will probably continue to do so via LNG tankers, which will increase prices. The Spanish nuclear sector is one of the most important sources of clean electricity ... ... have threatened to close all nuclear power plants by 2021. Such an event would significantly damage the Spanish stand on clean energy as well as accelerate the termination of nuclear energy in Spain. In contrast to coal or nuclear energy, renewable energy ...


A Renaissance of Fossil Fuels: Consequences of Europe’s Energy Market Panic

... situation with wind energy is sorted out, as wind forecasts for the North Sea in October are largely positive. French nuclear power plants returning to operation and the reinstallation of coal-fired power plants will also help alleviate the shortage in energy supply. Nonetheless, natural gas, the main “transition fuel” on the path to a low-carbon economy, will remain at the core of debates. Europe will still compete with Asia for the LNG shipments remaining on the market, although it is unlikely to be willing and able to pay more than its competitors in Asia. There are few factors that could improve the situation in Europe, which will fuel greater interest in Nord Stream 2. The ardor ...


Russia: Towards a Balance of Interests in the Eastern Mediterranean

... the Eastern Mediterranean With their technological and organisational capabilities, as well as their vast experience in the energy sector, Russian oil and gas giants entered many new Eastern Mediterranean projects in the second half of the 2010s. Regional ... ... a concession by Italy’s Eni S.p.A. (50%), Rosneft (30%), Britain’s BP (10%) and Mubadala Petroleum (10%). Using Egyptian LNG capacity, Rosneft can achieve the coveted goal of supplying its own natural gas to the European market to compete with Gazprom....


China’s Energy Policy: Flexible, but Unshakeable

... hedge economic risks as much as possible in order to implement their announced development plans intended to overcome the difficulties in stabilizing China’s economy and in implementing its policies on the domestic and foreign markets, including the energy sector. The trade conflict with the US resulted in China demonstrating its independence from American oil and LNG. For three months (between September and November 2018), Chinese companies did not purchase American oil and resumed imports in December 2018, purchasing only insignificant amounts. China quickly found replacements; Iran offered the required quantities ...


Back to “Normalcy”

... intends to sell its own LNG to Europe; thus far, however, the United States is behind Russia in shipment volumes and cannot compete with Russia pricewise. In November 2018, the U.S. Department of State expressed concern over Europe purchasing Russia’s LNG, believing that it increases Europe’s dependence on Russia and in the final analysis allegedly undercuts Europe’s energy security. Solving its own energy problems in the remote regions of the AZRF, Russia intends to site a floating nuclear power plant (FNPP) in Pevek (Chukotka). Currently, nuclear fuel is being loaded on the FNPP in Murmansk, and in 2019, it will ...


The Fight for Nord Stream 2: The Interests of all the Players Involved

... Russian gas exports to Europe as a whole. The United States hopes to increase LNG exports and become the main supplier of liquefied natural gas to the global market. There is information that U.S. companies have submitted applications to the Department of Energy (DOE) for licenses to export LNG produced at their plants, the total capacity of which amounts to approx. 383 million tonnes per year. However, given the current state of affairs on the markets, the gas will go largely unclaimed. On the one hand, there is nowhere for the gas to ...


Does Coal Have a Future?

... of the Russian Federation until 2035 calls for increasing coal exports, primarily to the Asia-Pacific region. The Ministry of Energy’s optimistic scenario suggests an increase in production to 490 million tonnes and an increase in exports to 250 million ... ... 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 ...


Can LNG ensure European security of supply?

... diversification. Thus, this article will summarise and explain the role plaid by the LNG in the establishment of the European security of supply. In 2014 EU had already 8 LNG suppliers, however, at that time and given the rigidity of upstream logistics, LNG share in European energy mix constituted only 12%. Nevertheless, growing supply is expected to make LNG trade more flexible and short term-oriented. While the EU will remain a major ‘swing consumer’ who imports access capacity not purchased by other markets,...


Russian Gas Projects in the Context of New Paradigm

... that could take relevant place in South-East Asia in order to help Russia decrease its dependency on European market. Russia’s ‘take-it-all’ position vis-à-vis Europe is being challenged not only by external (availability of US LNG) but internal factors: the rationale of Nord Stream-2 project to bypass Poland and Ukraine faces strong opposition from the European Commission given that it goes against Third Energy Package (and the values of the Energy Union in general) by devoiding the named countries of transit fees. Additionally, such an expansion of former Nord Stream project is claimed unreasonable given that it operates at 50% capacity, and only according ...


American LNG exports: still a good idea?

..., the companies will cut down on their investment into upstream sector while trying to re-orient themselves towards the development of export facilities targeting foreign markets whose prices can still be relied on. As of today, the US Department of Energy has approved 5 LNG terminal projects, whereas 25 other are considered pending given that Chinese investments that are supposed to support these projects made the issue political rather than just financial. Regasification plants built in the expectation of upcoming LNG ...


Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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