... opportunities but a lot more risks?
The Pakistan Stream Gas Pipe Project undoubtedly opens major investment opportunities for Pakistan. Among them are establishment of new refineries; the launch of virtual LNG pipelines; building of LNG onshore storages of LNG; investing in strategic oil and gas storages. Yet, it seems that Pakistan is likely to win more from the Project than Russia. And here’s why. The current version of the agreement signed by Moscow and Islamabad has been essentially reworked. According to it, Russia will likely to receive only 26 percent in the project stake instead of 85 percent as it was
previously ...
... overlapping conflicts and opens up certain opportunities. It is important to remember that gas reserves in the Mediterranean shelf discovered in the XXI century total
over 3... ... Egypt is
planning
to receive gas from neighbouring states, liquefy it at the Egyptian LNG plant (Idku LNG with a capacity of 7.2 m. tonnes a year), and sell it on global... ... Lebanese economy.
Anna Manafova:
Is the Eastern Mediterranean a New Competitor for Russia on the European Gas Markets?
Transporting the gas to Europe demanded that Cyprus...
... effectively cutting India off from Central Asia and Afghanistan.
There are also a number of potential threats for Russia. The country could see its business opportunities in the Indian market narrowed and might end up with Europe and China as its two key gas consumers. Russian companies would end up being restricted to India’s LNG segment, in which they do not yet feel strong enough. In addition, Moscow’s strategic partnership with New Delhi might weaken. Despite the special relationship between the two countries, the partnership is hampered by relatively underdeveloped economic ...
... of gas supplied to Europe (including Turkey) in 2017 – 194.4 billion cubic metres. Meanwhile, the United States delivered just 2.75 billion cubic metres to Europe during the same period.
This difference poses a risk both for Nord Stream 2 and for 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 ...
... CEER) helps potential and existing shippers find relevant information on services and respective costs what in turn is essential for the overall market development. Despite its key advantage of being the primary and depoliticized alternative to the Russian gas, LNG industry in Europe remains very conservative since it uses only proven unchanged technology. However, there are various LNG infrastructures in use and there is currently enough flexibility of services offered by terminals. For instance, Italy and ...
... making a considerable contribution into the global energy security. A new LNG plant in Vladivostok aims to ship 10 million tons from 2018 and will be connected to the continental gas production centres such as Yakutia and Irkutsk oblast
[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 ...
... cooperation of all different types and specific bilateral relations, like those between Russia and the US. Interestingly, even though energy issues were intentionally sidelined... ... seafloor by about 1.7 million sq km, where an estimated 30% of world's untapped gas and 15% of oil is preserved (Daily Mail, 2013). A similar claim was made by Russia... ... digits output vs. 45 million tons extracted by Russia. In fact, Alaska’s Kenal LNG Terminal was closed due to its inability to compete against the new Sakhalin LNG...
... upsurge of LNG tankers with Indonesia, Malaysia, Qatar and Australia shipping liquefied gas via Malacca to Japan and Korea. In all, most ship types are growing in demand with... ... shipping becomes more large scale, the cost will increase per unit; for example a large LNG tanker costs $300 million which makes it an incredibly prized asset, allowing firms... ... maybe its countless wars would be avoided. The recent and now famous OP-ED, by the Russian President in NYT, hits the nail on the head as it is dangerous for anyone to...
... 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 ...
... Russia aims to supply 20-25% of Asia’s oil from the current 6% – with China being the main consumer. Further, by 2020-2022 the figure should be around 14-15%. Gas wise, it is amazing that 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 16-17% of Asia’s gas – with the figure rising to 19-20% by 2030. In all, this shows a positive trend as Russia must diversify its eggs among more than one basket. Its main European ...
