Oil and Gas Markets to 2025 - LUKoil
... to complete any big gas deals with China, while its traditional European market is forecasted to persist in being difficult. Although European production will actually... ... 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... ... which may raise worries if the unconventional gas 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...