... contested waters of the seven seas. He would grasp he has been embroiled into one of the biggest geopolitical chess games, except ... ... global oil trade, as tankers move from mainly Middle East to Asia (China, Japan, South Korea, etc.) It is not the only passage available ... ... biggest economy?
As Yergin (2011) stresses oil has been a primary energy concern for China ever since Mao, as it was perceived as ... ... Also, in the last decade the world has recorded an upsurge of LNG tankers with Indonesia, Malaysia, Qatar and Australia shipping ...
... level of capital expenditures due to significant number of existing LNG import facilities that can be quickly converted for LNG exports (albeit LUKoil does not underline the huge cost). A lot will depend on the US political climate as its current weak economic footing gives ... ... 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 that the Asian dragon has the most favourable conditions to establish shale production and ...
... amounts of energy: to create $1 of GDP China uses 5 times more energy than the US, or 12 more than Japan. Just by 2015 China’s consumption will near EU’s at 490 Mt. ES-2030 shows that by 2030 Russia aims to supply 20-25% of Asia’s oil from the current 6% – with China being the main consumer. Further, by 2020-2022 the figure should be around 14-15%. Gas wise, it is amazing that 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 16-17% of Asia’s gas – with the figure rising to 19-20% by 2030. In all, this shows a positive trend as Russia must diversify its eggs among more than one ...
... a small portion of its overall energy mix, its growth has been very rapid. China has single-handedly fuelled more demand for LNG and expanded not only in its domestic, but also in international markets, like Africa (See: NYT). I was personally excited about opportunities between Russia and China, as Energy Minister Alexander Novak, issued a statement that both were working on gas and oil deals prior to Xi's arrival (See: Prime). I even hoped to discuss these issues with Novak personally, at "The ...
Alongside my typical journalistic duties at ‘Oil & Gas Eurasia Magazine’, I tend to daily scan both Russian ... ... major news, interesting articles and possible leads within the energy industry. Today, I want to share with you some of the findings ... ... operations. As a result, US natural gas imports fell by 45% whereas LNG import decline by 19% since shale inception. Impressively, ... ... the home market.
Non-US Shale Progress (Europe and Asia):
China is eager to jump on the Shale Revolution and aims to produce ...
... and researching for my dissertation «The Role of Eastern Energy Strategy in the Russian Foreign Policy: Opportunities and ... ... findings and conclusions with anyone who is interested in the oil and gas industry. Before commencing, I just want to give all ... ... Moreover, albeit global energy intensity has fallen globally (even China and Russia has improved) due to technological innovation ... ... less expensive.
- Liquefied Natural Gas with Asia on Route:
LNG demand will increase, particularly in Asia, as developing economies ...
... – what must be done to stop any changes, how to adapt to them if they occur and what if sceptics are right?
«Oil and Gas Dialogue: Russian Gas in the European Market» Joint International Forum held at IMEMO RAN conference hall on ... ... December 2012; moderated by Ivanova N. I., 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 to scuffle against the most severe economic ...
