... undermine its energy security, but for a region which will dependent on imports for 80% (some sources even indicate 88-90%) of its energy needs by 2025-2030, it will naturally be more susceptible to risks. Any setbacks, or sudden events, ala Fukushima or Arab Spring will have serious repercussions. If something happens, Europeans will not be able to sustain themselves ... ... the Soviets in case of any problems in Europe. Today, Europe is categorically rejecting this ‘special deal’ with Russia. So if anything happens, like North Africa stops production or the Hormuz Strait is closed (all possible events), then ...
... current gas prices stand at around $600 for 1000 cubic meters – that is much more than $400 paid by Europe ($500 paid by Ukraine). Further, in 2016 US should begin exporting shale gas to Europe. Traditional energy suppliers will need to keep a close eye on these developments and they may well be forced to soon drop prices for natural ... ... make their products competitive. As experts at VNIIGAZ argue, an institute for natural gas, large scale shale production in Russia does not make economic sense before around 2025-2030. Russia has plenty of natural gas, the most in the world, and realistically ...
... players; individual skill mainly rules the result, but at times one wins due to something beyond one’s control. The awful Fukushima Disaster boosted energy demand in Asia which was up to that time losing pace and the anti-nuclear sentiment has now carried itself over into much of Europe. Depending on the individual event and its longevity, states could capitalise in various ways, Russia has a big, albeit long-term opportunity in respect to the Asian market. But as discussed the issue of export and the local ...
