Liquefied natural gas as a priority direction for the development of the Russian fuel and energy complex

2021 ◽  
pp. 71-78
Author(s):  
И.В. Стадник
Keyword(s):  
Natural Gas ◽  
Foreign Market ◽  
Domestic Market ◽  
Liquefied Natural Gas ◽  
New Markets ◽  
Natural Gas Market ◽  
Energy Complex ◽  
Priority Direction ◽  
A Priority ◽  
Gas Market

С каждым годом рынок сжиженного природного газа стремительно развивается и выходит на новые рынки. Российский СПГ не только реализуется на внешнем рынке, но и преобладает на внутреннем. В стране работают одни из крупнейших в мире заводов по производству СПГ. Россия стремится развивать это направление, планируя занять одно из лидирующих позиций среди стран-производителей сжиженного природного газа. Every year, the liquefied natural gas market is rapidly developing and entering new markets. Russian LNG is not only sold on the foreign market, but also prevails on the domestic market. The country has one of the world's largest LNG production plants. Russia is striving to develop this direction, planning to take one of the leading positions among the countries producing liquefied natural gas.

Central-Eastern Europe will compete for new LNG market

2018 ◽  
Keyword(s):  
Natural Gas ◽  
Eastern Europe ◽  
Liquefied Natural Gas ◽  
Content Type ◽  
Natural Gas Market ◽  
Eu Member States ◽  
Central Eastern Europe ◽  
The North ◽  
Central Eastern ◽  
Gas Market

Subject LNG in Greece, Croatia and Poland. Significance Liquefied natural gas (LNG) terminals and interconnectors are part of the north-south natural gas corridor advocated by EU member states in Central-Eastern Europe (CEE) as a means to reduce dependence on Russia. Impacts The LNG project in Greece could slow down Croatia's plans to build an LNG terminal off the island of Krk. Access to cheap US gas via LNG is transforming the natural gas market worldwide. Cheaper gas may facilitate the transition from coal and increase the share of renewables across the region.

A generational west coast gas shakeup looms

2021 ◽  
Vol 61 (2) ◽  
pp. 405
Author(s):  
Saul Kavonic
Keyword(s):  
Natural Gas ◽  
Government Policy ◽  
West Coast ◽  
Status Quo ◽  
Domestic Market ◽  
Liquefied Natural Gas ◽  
The Status ◽  
Gas Market ◽  
Western Australian ◽  
Policy Targets

From record high prices, a decade ago, to record low prices more recently, Australia’s west coast gas market is heading towards a structural shakeup that will challenge the status quo for producers, buyers and policymakers. The Western Australian (WA) gas market has been soft recently but is poorly understood, and prices may materially tighten this decade in wake of uncertain new supply timing, liquefied natural gas (LNG) producer recalcitrance towards domestic market, lack of new discoveries (outside Perth Basin), upward pressure on US gas pricing and government policy flexibility towards the emergence of LNG ullage. We believe a bifurcated WA gas market could emerge, whereby policy targets cheap gas to underpin new manufacturing, while existing gas buyers are left to compete against much higher LNG netback parity pricing.

FEATURES OF CURRENT ECONOMIC ENVIRONMENT OF GLOBAL LIQUEFIED NATURAL GAS MARKET

2020 ◽  
Vol 5 (12) ◽  
pp. 153-163
Author(s):  
A. A. SHCHEGOLKOVA ◽  
◽  
◽  
Keyword(s):  
Natural Gas ◽  
Large Scale ◽  
Driving Forces ◽  
Liquefied Natural Gas ◽  
Economic Environment ◽  
The Arctic ◽  
Resource Base ◽  
Natural Gas Market ◽  
Gas Market ◽  
The Impact

The subject of this article is the economic environment of the global liquefied natural gas (LNG) market. The article assesses the development trends in the global liquefied natural gas market, identifies the key driving forces of the global LNG market, analyzes the existing contractual models in the global LNG market. The study uses a general scientific methodology that provides for a systematic, comprehensive approach to assessing the current economic situation in the global LNG market. A significant array of statistical data and factual material on the global LNG market was analyzed, the results of the research were obtained using statistical methods of economic analysis. As a result, the author conducted an analysis of the trends in the global LNG market, which made it possible to identify the key driving forces behind changes in market dynamics. The dynamics and structure of the global LNG market for the period 2015–2019 have been investigated. An assessment of Russia's position in the global LNG market is given. The impact of the "coronacrisis" on the global LNG market has been studied. The development and prospects of large-scale gas projects of the main LNG exporting countries are shown, the influence of the price environment on the implementation of LNG projects is investigated. It is revealed that geopolitical factors have become decisive in the formation of the world energy policy. The possible impact of the legislative expansion of the resource base of the Arctic territories on the growth of production and export of Russian LNG has been determined. It is concluded that the strategic goal of Russia's energy geopolitics is to modernize the existing export model of LNG for the long term. Modernization of the existing energy export strategy will strengthen the country's competitive position in the global LNG market, thereby becoming the basis for Russia's regional presence in the Arctic, where the main increase in LNG capacity is expected.

New conditions of competition in the European gas market

2020 ◽  
Vol 22 (5) ◽  
pp. 84-92
Author(s):  
PETER ILIEV PETROV ◽  
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
The European Union ◽  
Practical Application ◽  
Gas Industry ◽  
Natural Gas Market ◽  
Gas Market ◽  
The Impact ◽  
Different Parts

This article aims to discuss the process of liberalization of the natural gas market in the European Union (EU). The purpose of this research is to show the fundamental characteristics of the gas industry, the process of reconstruction of the European gas market, taking into account the ongoing changes in the context of geopolitical, ecological, and technological determinants of the international and European energy and gas sector. The article describes the structure of the modern European natural gas market, compares the competitiveness of gas transportation methods through trunk pipelines and gas tankers transporting liquefied natural gas. The article examines the impact of the increase in the supply of liquefied natural gas on the situation with the turnover of gas trade in the European market, in particular, how it affects the delivery of hydrocarbons and the growth in the scale of exchange trading. The article examines the Groningen model, which influences the development of gas exchange trading and natural gas trading through long-term contracts. The evolution of the European policy in the field of natural gas, the established strictly regulated version of the “well-functioning” gas market, remains as one too political and unstable experiment. The importance of natural gas changes all the time, depending on economics, the security of deliveries, and sustainability. Furthermore, the focus on that importance and its practical application vary in different parts of Europe. The conclusion is made that a “well-functioning” gas market is characterized by the presence of a large number of suppliers, and competition leads to a noticeable decrease in prices for natural gas. However, in the current situation, the demand for gas turns out to be unstable, and difficult conditions for pipeline supplies are emerging for traditional suppliers. In the long term, the “well- functioning” gas market scheme will remain highly politicized and unstable, with increased competition in supply and a downward trend in gas prices. Thus, the European gas market is transforming towards the formation of a “buyer’s market”.

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