... resources, and that the military confrontation between NATO and Russia would expand, did not come true either. The forecasts of China’s expansion in the Arctic under the slogan of developing the “Polar Silk Road” initiative, part of the larger “One ... ... normalcy.”
As for Moscow, it continued the consistent implementation of its socioeconomic development of the Arctic Zone of the Russian Federation (
AZRF
) programme in 2018. The Yamal LNG plant reached its design capacity. Seven out of fifteen icebreaker-class LNG carriers capable of delivering freight to customers ...
... political partnership, effectively cutting India off from Central Asia and Afghanistan.
There are also a number of potential threats for Russia. The country could see its business opportunities in the Indian market narrowed and might end up with Europe and China as its two key gas consumers. Russian companies would end up being restricted to India’s LNG segment, in which they do not yet feel strong enough. In addition, Moscow’s strategic partnership with New Delhi might weaken. Despite the special relationship between the two countries, the partnership is hampered by relatively underdeveloped economic ...
... 21st Century
Of all the types of hydrocarbons, coal has been in use the longest. China is known to have extracted coal as early as the 4
th
century B.C. Unlike oil,... ... coal in the West appears to have been sealed for good.
Although coal has been used in Russia for centuries, industrial mining only truly took off in the 20
th
century. Until... ... Europe is unclear. As gas grows cheaper due to the gradual increase in the number of LNG suppliers and improvements to the regasification infrastructure, the demand for...
... plant facility will be realized with the financial help of major Chinese banks, which is another “slap in the face” for the loud-mouthed US neocons.
Yamal’s liquid natural gas venture is located in the deep arctic region of Russia. Shareholders of the Yamal LNG project include Novatek (50.1%), France’s Total (20%), CNPC (20%), and China’s Silk Road Fund (9.9%). The project’s proven and probable natural gas reserves are estimated at 926 billion cubic meters. Yamal LNG will have three lines, each with a capacity of 5.5 million tons for a total of 16.5 million tons annual ...
... setting process. To reinforce Russia’s LNG presence in the Asia-Pacific marketGazprom Marketing & Trading Singapore (a fully-owned subsidiary of Gazprom Group) was set up in 2009. It has concluded a series of spot deals since December 2009 on LNG supplies to Japan, South Korea, China and Taiwan.
Analysis of transport infrastructure development shows that Russia is the ultimate potential leader in forming Eurasian single gas market that should be closely integrated within the perspective global gas market.
Gazprom supplies LNG to Asia from its Sakhalin-2 terminal. The major part (over 60 %) is shipped ...
... daily or 1/3 of the global oil trade, as tankers move from mainly Middle East to Asia (China, Japan, South Korea, etc.) It is not the only passage available there (e.g. Lombok-Makassar... ... 2010). I have explored some of these partners in my older post (e.g. Central Asia or Russia; see: China Post), but extent of success via diversification depends on a heap... ... low-cost consumer goods. Also, in the last decade the world has recorded an upsurge of LNG tankers with Indonesia, Malaysia, Qatar and Australia shipping liquefied gas via...
... capacity. If this shale boom does occur it may fracture the Sino-Russian trading potential, but this potential remains weak as many pricing issues still remain unresolved. If current approach to pricing persists, the competitiveness of Russian gas in China seems doubtful. When LUKoil released its report, Russian gas cost ~$100 more than Turkmens and it was only somewhat competitive in contrast to expensive LNG from Australia and possible future deals all the way from Qatar.
Russia In Search of New Fields – Where Hast Thou Gone?
Russia has intermittingly changed between 1st and 2nd place with Saudi Arabia in total oil production over the recent ...
... and Russia is the largest supplier. Talks have intensified as Gazprom realises it cannot wait forever and it even requested a 40% upfront payment by China for gasification.
At the time Mareš and Laryš wrote their article it looked like Russia had several options, like supplying China, Japan, the Korean Peninsula and even as far as India. Then it was mainly Gazprom’s modest LNG expertise that limited sizeable deliveries in the near future to the heavily LNG focused Asian states. But still, Gazprom made good progress by shifting 9% of Japanese LNG and 7% of its oil in 2011 to Asia. Vladivostok LNG terminal, due for launch ...
... was a sizeable figure for China, as it is an emerging player in regards to this fuel type; although it currently adds up to 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 Russian Energy Conference",...
... make these blogs interactive!
Shale Gas History (USA):
The New Times – a Russian weekly – reports that the US Shale Revolution is picking up pace at unprecedented... ... states have shale operations. As a result, US natural gas imports fell by 45% whereas LNG import decline by 19% since shale inception. Impressively, by 2015 the overall energy... ... aimed predominantly at the home market.
Non-US Shale Progress (Europe and Asia):
China is eager to jump on the Shale Revolution and aims to produce 100 billion cubic...
