... regulatory and technological obstacles; the region may be at the forefront of the global energy revolution;
Global economic and, consequently, political weight of the MENA... ... new settlements in disputed territories in Israel or new development projects in Jerusalem);
Persistent political instability in the region may hinder the development... ... despite all the tensions associated with this growth. Although the United States and the European Union will continue to play a prominent role in the global economy, China’s...
... criticism, and a 2014 visit of U.S. senators to Bulgaria was soon followed by the refusal of the authorities in that country to go ahead with the Gazprom project to build... ....S. Department of State created the post of United States Special Envoy for Eurasian Energy (in the Caspian region), originally occupied by Clayland Boyden Gray (2008–2009)... ... the Third Energy Package to include maritime parts of gas pipelines running into the European Union. The new rules would mean that Gazprom would only be able to transport...
In May 2014, in the aftermath of Russia-Ukrainian crisis, the European Commission adopted European Energy Security Strategy, establishing two pillars of European security of supply: prevention and mitigation. The main goal was ... ... price in the EU and low industrial demand for gas as well as post-Fukushima nuclear dismantlement) remains cheaper, giving the USA additional incentives for export. Today, 53% of the EU (80% in North West EU) gas supplies are traded in gas-for-gas markets ...
... from 2008 crisis and decreasing growth of the Chinese economy,in particular), political turmoil (Ukrainian crisis) “appearance of illegal and cheap oil” on the market (eg. ISIS’ expansion), as well as the overall strive to develop new energy sources in the view of global warming. That being said, a plummeted oil price (going lower than 50$ ‘leverage level’) could be utilized to boost local demand and, as a consequence, increase production in order to avoid low profits. ...