... considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success as efficiency ... ... globe where figures will roughly triple from the current level. China will lead the way with the number of cars per 1000 people ... ... 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 ...
... (ES-2030) publication; released in 2009. M. Mareš and M. Laryš argue that China’s rise is creating a great opportunity for Russia as an extra energy market... ... 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 ... ... internal consumption growning quicker, which will lower exports to China, or potentially to the EU market (See: NaturalGasEurope)....
... account for industry realities or Russian and 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 debate amid long-term contracts and hub trading ... ... feels that gas is overpriced and 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 overpricing myth” by arguing that raw ...
