... and a need for stakeholders to cooperate, as certain waters cannot be crossed alone. As customary Casing Point will take an energy based angle and to assist analysis will draw from the recent conference hosted by RIAC. Enjoy & Feel Free to Comment!
... ... production as it is only producing single 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. Moreover, competition in the near future ...
.... As this shift is occurring, under the breeze of economic prosperity across Asia, South America and even Africa, the global energy balance is tipping, particularly as the new economic frontiers are moving at unprecedented pace. LUKoil's 2025 ... ... posts stress there are serious problems for certain suppliers in financially breaking-even with such setup.
Hot Subzero LNG
Over the last 10 years LNG-liquefaction capacities increased by 2.5 times around the world to 360 bcm. Major commissioning ...
... European market is quickly becoming less accessible raising the question: where to go? Aside, long-term diversification from energy export dependence, Russia has a relatively shorter-term option: to expand into Asia, but this option is far from easy and ... ... 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 ...
... From Russia With Love:
Xi Jinping visit to Russia was highly symbolic, as is the case with first foreign visits (See: NTS). Energy was at the forefront of the visit with two different outcomes for the oil and gas talks. The other issue was geopolitics ... ... a small portion of its overall energy mix, its growth has been very rapid. China has single-handedly fuelled more demand for LNG and expanded not only in its domestic, but also in international markets, like Africa (See: NYT). I was personally excited ...
... Britain, Germany and Poland, as Chatham House sees it in The New Times article, will not make a substantial contribution to the shale gas revolution in the immediate future. Although they have begun developing shale since the end of 2000’s, technical ... ... without innovation in business there is only decline.
Global Impact of Shale - Winners & Losers:
Aside from traditional energy suppliers, the world should benefit as in 2015 the first LNG terminal will be built in the US on the Pacific coast to export shale gas to Japan – where current gas prices stand ...
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LNG demand will increase, particularly in Asia, as developing economies will search for more energy. As a consequence other LNG users will see price rises, for instance Japan will see continuous increases in prices for the next 20 years; especially now ... ... the Fukushima Disaster. It will have a serious impact on the already tentative Japanese economy, especially as it has no own energy reserves, making it a premium market for all exporters.
- Shale Gas Revolution:
The US ‘shale gas revolution’ has made this previously substantial net-importer of gas into ...