... quite a remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania ... ... losing 26 places and ending up 57th due to the quickly changing European market. To add salt to the wound, Gazprom is now sandwiched ... ... 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 ...
... upcoming decade as its economy is overly dependent upon natural wealth, but our main European market is quickly becoming less accessible raising the question: where to go... ... 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... ... politicians have stepped into to resolve some of the issues. Also, TNK-BP acquisition by Rosneft naturally resolves some of the long-lasting disputes. As the below map illustrates...
... to oil (See: BruneiTimes). Oil discussions were a success, as Rosneft and CNPC signed several agreements; including first ever ... ... very rapid. China has single-handedly fuelled more demand for LNG and expanded not only in its domestic, but also in international ... ... InterFax Energy). Additionally, Russia was unable to play-off Europe against China, due to the latters pressure. Russia hoped ... ... However, on the brightside Gazprom agreed with China in regards to long-term contracts, thus allowing it to develop the riskier fields ...