Russia's Asian gas pivot will progress slowly

2015 ◽  
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
East Siberia ◽  
Gas Industry ◽  
Content Type ◽  
Oil Pipeline ◽  
Price Discounts ◽  
The Past ◽  
Vladimir Putin

Subject Outlook for Russia-Asia gas ties. Significance Last year, Russia's President Vladimir Putin signed a 30 year deal worth 400 billion dollars to sell 38 billion cubic metres (bcm) yearly of natural gas to China, starting in 2018-19. Gazprom will have to build the 4,000 kilometres 'Power of Siberia' pipeline. The deal is the cornerstone of Russia's pivot towards Asia. Other elements include the East Siberia Pacific Oil Pipeline, the liberalisation of liquefied natural gas (LNG) exports and the planned second pipeline to China via the Altai Western route. However, the past year's events are frustrating Moscow's ambitions. Whether Russia succeeds or not bears implications for the global gas industry. Impacts By 2035, over 30% of Russia's gas exports will go to Asia. Liquefaction technologies are not on the sanctions list, but they might be if sanctions were widened. To seal the Altai deal, Russia will have to grant price discounts to make the offer too good to refuse.

Russia will increase covert Baltic interference

2015 ◽  
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
Lightning Strike ◽  
Baltic States ◽  
Content Type ◽  
The Past ◽  
The Baltic ◽  
Military Exercise

Significance In line with such concerns, Estonia held a large military exercise, Hedgehog, on May 4-15, involving 13,000 troops. On May 6, Lithuania launched Lightning Strike, a military exercise involving 3,000 troops in a simulated defence of the country's new liquefied natural gas (LNG) terminal at Klaipeda. In December, Latvia said Russian submarines had approached its maritime borders more than 50 times in the past year. However, Russia's more overt activities also pose a major risk to the Baltics. Impacts Russian intelligence will continue to target not just Baltic secrets but, through them, NATO and EU ones. Russian operations will aim to create division by playing on discontent within sizeable ethnic Russian minorities who feel marginalised. NATO will increase the rate and size of Baltic drills to reassure the Baltic states.

Tanzania faces low-level Islamist militant threat

2015 ◽  
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
Liquefied Natural Gas ◽  
Energy Industry ◽  
Content Type ◽  
Low Level ◽  
The Past ◽  
Threat Level ◽  
Oil And Gas Operations

Subject Assessing the threat from militant Islamist agendas. Significance Low-scale attacks attributed locally as militant Islamist activity have been increasing over the past two years, and have spiked in the past four months with incidents in Tanga and Morogoro. They suggest that the level of organisation amongst domestic militant Islamist groups may be growing. Impacts Potential plans for the liquefied natural gas plant in Lindi Region may focus a militant threat against the energy industry. Onshore oil and gas operations, as well as government facilities, could also be potential targets. As the top export earner, tourism would be affected by any heightened threat level leading to travel advisories.

Gas prices expose Europe’s energy vulnerability

2021 ◽  
Keyword(s):  
Natural Gas ◽  
Central Banks ◽  
Liquefied Natural Gas ◽  
Electricity Price ◽  
Energy Prices ◽  
Content Type ◽  
Indigenous Production ◽  
Europe Today ◽  
The Cost

Significance The cost of gas-fired generation sets the electricity price in much of Europe today. Falling indigenous production has left Europe reliant on gas imports and exposed it to global liquefied natural gas (LNG) prices set by fast-recovering China. This has left retail-only electricity suppliers vulnerable and increases the risk that falling disposable incomes will undermine post-pandemic recovery. Impacts EU carbon allowance prices will stay strong. Higher energy prices will stoke inflation amid a fragile recovery, posing a dilemma for central banks. Rising gas prices have had ancillary but potentially alarming impacts as some fertiliser and CO2 producers have shut in production.

scholarly journals The Prospects for Reducing the Carbon Footprint in Liquefied Natural Gas Industry

2021 ◽  
Vol 134 (3) ◽  
pp. 3-10
Author(s):  
D. M. Grigoyeva ◽  
◽  
E. B. Fedorova ◽  
Keyword(s):  
Natural Gas ◽  
Carbon Footprint ◽  
World Economy ◽  
Energy Transition ◽  
Liquefied Natural Gas ◽  
Export Market ◽  
Low Carbon ◽  
Gas Industry ◽  
Natural Gas Industry

To meet the terms of the Paris Agreement, it will be necessary to restructure the world economy, make an energy transition to low-carbon development, which will subsequently affect the conventional energy sources industry and, in particular, the liquefied natural gas (LNG) sector. The article provides an overview of the prospects for reducing the carbon footprint in the gas industry. Technical, political and economic measures of decarbonization formation are given. The prospects of the natural gas export market for Russia are outlined. The classification of technologies related to carbon dioxide capture is presented. Special attention is paid to reducing greenhouse gas emissions in the LNG industry.

Algeria-Morocco pipeline closure could add to tensions

2021 ◽  
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
East Mediterranean ◽  
Content Type

Significance The pipeline transit agreement is set to expire at the end of October. It comes as tensions between Morocco and Algeria have escalated, with the latter cutting diplomatic ties with Rabat and closing its airspace to Moroccan airplanes. Impacts Algeria will argue that trans-Morocco gas can be replaced with extra volumes via the Medgaz line and with liquefied natural gas. The supply implications mainly affect Spain and Morocco, and will have little relevance for other European gas projects. In the East Mediterranean, the costs of a pipeline to Europe remain prohibitively high.

New Tanzanian government’s focus may shift

2021 ◽  
Keyword(s):  
Civil Society ◽  
Natural Gas ◽  
Rare Earths ◽  
Liquefied Natural Gas ◽  
Content Type ◽  
Development Agenda

Significance Magufuli and the ruling Chama Cha Mapinduzi (CCM) have entered 2021 on a high, having swept the October 31 elections and essentially removed all vestiges of opposition to their power. They now need to deliver on their ambitious development agenda. Impacts Crackdowns against the opposition, civil society and other critics will intensify. Persistent bottlenecks in government suggest progress towards a flagship USD30bn liquefied natural gas project may remain slow. Reports that Tanzania is close to finalising a deal for its first ever rare earths mine could give Magufuli’s agenda an early boost.

Mozambique juggles new interests and old problems

2015 ◽  
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
Traditional Agriculture ◽  
Short Term ◽  
Content Type ◽  
Electoral Support ◽  
Debt Stress ◽  
Fiscal Risks

Subject Mozambique's new government. Significance President Filipe Nyusi on January 17 unveiled his first cabinet. The line-up marks a break with the administration of former President Armando Guebuza, but balances competing factions within the ruling FRELIMO party. The new government's main focus will be to turn offshore natural gas discoveries into liquefied natural gas (LNG) exports. Declines in FRELIMO's electoral support indicate pressure to demonstrate more inclusive benefits than has been the case with previous mega-projects. Impacts Lower prices for traditional (agriculture) and megaproject exports (coal, aluminium) will continue; last year exports fell by 8.4%. With mining under stress, companies may delay production expansion planned to take place after the completion of the Nacala railway. For the short term, fiscal risks are greater than debt stress -- particular given 2014 election-related spending.

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