Search: Europe,UK (3 materials)

European Energy Woes

... does not undermine its energy security, but for a region which will dependent on imports for 80% (some sources even indicate 88-90%) of its energy needs by 2025-2030, it will naturally be more susceptible to risks. Any setbacks, or sudden events, ala Fukushima or Arab Spring will have serious repercussions. If something happens, Europeans will not be able to sustain themselves via own reserves or domestic production, due to this heavy import dependence. In reality, we are talking about a market which is several times bigger than Japan or alike, so it is difficult to fulfil demand ...

14.06.2013

Shale Revolution – Full Steam Ahead!

... 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 at around $600 for 1000 cubic meters – that is much more than $400 paid by Europe ($500 paid by Ukraine). Further, in 2016 US should begin exporting shale gas to Europe. Traditional energy suppliers will need to keep a close eye on these developments and they may well be forced to soon drop prices for natural gas to make shale LNG imports less appealing ...

15.03.2013

«Eastern Siberia Oil & Gas Conference»

... which may seem slow and quite traditional, things in fact can alter swiftly with states or energy firms being like poker players; individual skill mainly rules the result, but at times one wins due to something beyond one’s control. The awful Fukushima Disaster boosted energy demand in Asia which was up to that time losing pace and the anti-nuclear sentiment has now carried itself over into much of Europe. Depending on the individual event and its longevity, states could capitalise in various ways, Russia has a big, albeit long-term opportunity in respect to the Asian market. But as discussed the issue of export and the local base is key as it will ...

05.02.2013

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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