... not good news as it is yet to complete any big gas deals with China, while its traditional European market is forecasted to persist ... ... need an extra 50 bcm on top of the existing contracts as certain long-term contracts end, but supply will increase by 250 bcm in ... ... commercial activities. This will create a single trading hub as LUKoil points out for the entire area and as policymakers hope, eliminate ... ... in financially breaking-even with such setup.
Hot Subzero LNG
Over the last 10 years LNG-liquefaction capacities increased ...
... following link for the Energy Policy journal article on which this post builds upon: "Oil & Natural Gas in Russia's Eastern Energy Strategy: Dream or Reality. Also... ... (ES-2030) publication; released in 2009. M. Mareš and M. Laryš argue that China’s rise is creating a great opportunity for Russia as an extra energy market... ... Russia, the energy superpower, sells no pipeline gas to Asia, and only marginally sells LNG from 2009. By 2020-2022 Russia ambitiously aims to reverse this trend by supplying...
... the periods of the '90 and early 2000's when the long-term contracts benefited their economies, due to cheap prices,... ... UK's rush has recently backfired as it found it difficult to buy LNG due to prices being 2x higher in Asia, thus making UK an undesirable ... ... new plan to invest $130 billion over 5 years in developing its oil and gas fields (See: Zawya); production has already increased ... ... internal consumption growning quicker, which will lower exports to China, or potentially to the EU market (See: NaturalGasEurope)....
... – what must be done to stop any changes, how to adapt to them if they occur and what if sceptics are right?
«Oil and Gas Dialogue: Russian Gas in the European Market» Joint International Forum held at IMEMO RAN conference hall on ... ... account for industry realities or Russian and peculiarly even its own interests as it is undermining its own energy security.
Long-Term Contracts a No-No:
An area of contention stimulating uncertainty is the debate amid long-term contracts and hub trading ...