... as found in an economic textbook, is unrealistic at best, as it requires a perfect market. We do not yet have these conditions.
No special order can be successful in launching this idea, but some harmonization has occurred. As we’ve seen with Ukraine, it has a liberal economy and it has been able to use reverse flows to buy gas cheaper than from Gazprom, by not very much, but still cheaper. So, sooner or later, Gazprom will need to drop prices. As European market will develop, we may see many companies emerge that will be able to shift gas via many different routes. Simply having the same price across the board is absurd or trying to push some revolutionary policies that do not reflect market peculiarities....
... 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 – all will depend on the final price which may well ...
... information can be shared or even energy sector civil society.
Revenkov, V. (Oil & Gas Institute of Energy & Finances): Shale Gas Revolution
In the world of energy trade which may seem slow and quite traditional, things in fact can alter swiftly with ... ... 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 ...
