... approach to pricing persists, the competitiveness of Russian gas in China seems doubtful. When LUKoil released its report, Russian ... ... and it was only somewhat competitive in contrast to expensive LNG from Australia and possible future deals all the way from Qatar.... ... rate – with the rest being untapped potential. In contrast, USA has been able to attain an oil recovery factor (ORF) of 43% ... ... Director of Energy Strategy Institute) made a presentation about forecast-research outlining that most leading outlooks tend to ...
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Shale Gas History (USA):
The New Times – a Russian weekly – reports that the US Shale Revolution... ... 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... ... aimed predominantly at the home market.
Non-US Shale Progress (Europe and Asia):
China is eager to jump on the Shale Revolution and aims to produce 100 billion cubic...
... to 1980’s. Moreover, albeit global energy intensity has fallen globally (even China and Russia has improved) due to technological innovation within efficiency, nonetheless... ... thus making exports less expensive.
- Liquefied Natural Gas with Asia on Route:
LNG demand will increase, particularly in Asia, as developing economies will search... ... self-sustainable entity, with a net-equal position between its imports and exports. USA even had to convert its now useless LNG terminals (which it first built at a massive...
