Oil and Gas Markets to 2025 - LUKoil
... suppliers enter the market (e.g. Qatar). By 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 market and leading to old contracts to be renegotiated more robustly. Lastly, Europe’s notorious Third Energy Package is set to split gas transmission and storage from commercial activities. This will ... ... is actually overvalued. Also, even Russia, traditionally a pipeline supplier will enter the game with about a 1/10th share by 2025. No section about energy is complete without China, which is why LUKoil highlights that the Asian dragon has the most favourable ...