... prosperity across Asia, South America and even Africa, the global energy balance is tipping, particularly as the new economic frontiers ... ... considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success as efficiency ... ... 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 ... ... in financially breaking-even with such setup.
Hot Subzero LNG
Over the last 10 years LNG-liquefaction capacities increased ...
... accessible raising the question: where to go? Aside, long-term diversification from energy export dependence, Russia has a relatively shorter-term option: to expand into... ... Russia, the energy superpower, sells no pipeline gas to Asia, and only marginally sells LNG from 2009. By 2020-2022 Russia ambitiously aims to reverse this trend by supplying... ..., like Kovykta, are isolated by taiga or encircled by canyons – these are not Gazprom friendly areas due to a lack of piping expertise. Besides technical issues,...
... the periods of the '90 and early 2000's when the long-term contracts benefited their economies, due to cheap prices,... ... forgets past benefits in business when trouble arises. This is why, Gazprom cannot simply continue going about in its slow and big ... ... UK's rush has recently backfired as it found it difficult to buy LNG due to prices being 2x higher in Asia, thus making UK an undesirable ... ... excessive instability in Iraq has not prevented it to expand its energy sector, as it has just issued a new plan to invest $130 ...
... RAN Academic and Associate Director of IMEMO RAN, and Eric Dam, General Director of Energy Delta Institute.
Optimism Remains Thin in the Air:
As the world continues... ... peculiarly even its own interests as it is undermining its own energy security.
Long-Term Contracts a No-No:
An area of contention stimulating uncertainty is the... ... super-natural profits are recorded by the Russian gas monopoly. At IMEMO RAN Sergei Komlev, Gazprom Export Head of Department for gas Contracts and Pricing, “rebuffs the...