... July 2022, Takeshi Hashimoto, President of Mitsui O.S.K. Lines, a large transportation company, acknowledged in an interview to the
Financial Times
that Japan has no choice but to purchase Russian gas
saying that Japan cannot stop purchasing Russian LNG owing to soaring energy prices and limited capabilities in nuclear energy. Mr. Hashimoto believes Japan needs the gas it purchases from Russia at relatively low prices under long-term contracts to cover its basic energy needs. While the future of Russian LNG on Japan’s market looks quite bright (at least, until ...
... production and reduced export volumes in Nigeria and Trinidad and Tobago, have led people to believe that there is a shortage of LNG on the market, realizing that consumers in Europe and Asia may be in direct competition. All this resulted in higher LNG prices, despite the fact that prices are usually lower in summer as compared to the average level in winter.
As the Wind Blows…
Vladimir Likhachev:
Both… But Can We Do Without the Emotions, Please. Towards a Discussion on Renewable Energy Sources and the Nuclear Energy Sector
While the price of natural gas continues to rise, the nations of Northwest Europe have been facing another challenge—namely, the unpredictability of the wind. Countries like the UK, where up to a third of electricity can be generated ...
