... 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... ... In the largest biofuels producer the situation is far from merry, as strategically USA aimed to limit its reliance on Middle East via alternative energy, but shale has... ... 2020 the market will 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 essence flooding the...
... role which stirs much uncertainty and mistrust, as once this giant wipes of the rheum around its eyes and springs back full of energy, its only natural room to manoeuvre seems northwards. Even if the world does not tremble, Russia fears that at the least ... ... are colour-blind with suspicion and a long history of flip-flopping between sides (e.g. China's Détente with USA, Russia's Détente with USA etc).
Power Triangle - Sino-Russian Mutuality on US:
The first and foremost ...
... coincided with a fairly damp economic climate and unstable political atmosphere across many energy exporting states, thus in all building up naturally not overly optimistic mood... ... the Middle East, aside from this being a double-standard as it tends to avoid Russian long-term contracts by saying short-term hub trading without a fixed price is the future... ... not changed in the last decade. The decision must be well calculated, yet quick, as USA has almost achieved independence from energy imports due to shale which could supply...
