... and GB were self-sufficient in energy so these contracts were not vital. However in Europe, we are talking about a region that will be increasing its energy imports. So... ... in Netherlands results in a price increase at the NBP (National Balancing Point Hub UK), these changes can be foreseen and manipulated quite easily. Also, as the NBP (key... ... continue to increase its production – like Gazprom they will continue to push for oil-pegged prices – as their government's revenues come from these spheres...
... 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 ... ... traditional product must be competitive so it does not miss the gravy train which may well soon pick up speed.
Igor Ossipov
Oil & Gas Eurasia Correspondent, Oil/Diesel Broker and RIAC Blogger.
... specialist argue for is to have a system where 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 ... ... 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 ...
