... boarders extentended into the Arctic seafloor by about 1.7 million sq km, where an estimated 30% of world's untapped gas and 15% of oil is preserved (Daily Mail, 2013). A similar claim was made by Russia in 2001, when it filed the UN's ... ... production as it is only producing single digits output vs. 45 million tons extracted by Russia. In fact, Alaska’s Kenal LNG Terminal was closed due to its inability to compete against the new Sakhalin LNG. Moreover, competition in the near future ...
... the "Oil of Russia: Past, Present & 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, the globe is set for an average annual ... ... posts stress there are serious problems 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 world to 360 bcm. Major commissioning ...
... rigour. Please see the following link for 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 free to comment or leave a like, its always ... ... 14-15%. Gas wise, it is amazing that 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 16-17% of Asia’s gas – with ...
... share further, thus I am introducing my First RIAC Monthly Digest. My aim here is to recap, analyse, and offer links to top: Oil&Gas News, Pictures & Videos, from experts and institutions I follow. Also, please feel free to leave a comment below!
March's ... ... 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 ...
... House sees it in The New Times article, will not make a substantial contribution to the shale gas revolution in the immediate future. Although they have begun developing shale... ... resumed only on 13 December 2012 after UK wide suspension was lifted. Nevertheless, shale gas will play a role in about 5-10 years as Chatham House analyst argue – as technology... ...
Aside from traditional energy suppliers, the world should benefit as in 2015 the first LNG terminal will be built in the US on the Pacific coast to export shale gas to Japan...
... nuclear reactors after the Fukushima Disaster. It will have a serious impact on the already tentative Japanese economy, especially as it has no own energy reserves, making it a premium market for all exporters.
- Shale Gas Revolution:
The US ‘shale gas revolution’ has made this previously substantial net-importer of gas into almost a self-sustainable entity, with a net-equal position between its imports and exports. USA even had to convert its now useless LNG terminals (which it first built at a massive cost to assure gas supplies in early 2000’s) into shale gas export stations; albeit their potential is limited due to original LNG terminals being inflexible. Reason behind the original revolution ...
