... it ranks 11th. It is quite a remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success... ... Future" (Link to Full Book).
LUKoil Report Link: "Global trends in oil & gas markets to 2025"
Oil Prices are Up, Up, and Away!
From today till 2025... ... for certain suppliers in financially breaking-even with such setup.
Hot Subzero LNG
Over the last 10 years LNG-liquefaction capacities increased by 2.5 times around...
... the Energy Policy journal article on which this post builds upon: "Oil & Natural Gas in Russia's Eastern Energy Strategy: Dream or Reality. Also, please feel... ... 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...
..., 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... ... 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... ... which was run by Vedomosti Business Daily, but unfortunately due to the deal between Rosneft and TNK-BP, he could not go. During Xi's visit, it seemed that oil was...
