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Russian gas export strategy

From Russia’s standpoint, the issue of energy security in EU–Russia energy relations is overwhelmingly oriented towards security of supply. The risk of US LNG presents a clear threat to Gazprom’s …

Framing Russia-EU energy relations

The main additional source of non-Russian gas for Europe up to 2030 will be LNG; pipeline gas imports from domestic and other imported sources are not envisaged to increase substantially …

Europe’s energy future

European gas demand will not increase greatly during the 2013–2030 period. But, the requirement for gas imports will increase. Europe will only be able to replace around half of the …

Russia-EU energy relations

Russia is – and will remain – the EU’s major supplier for oil, natural gas and coal at least for the next decade. Recent gas and oil contracts with China …

Summary of Week 4

Far from being threatened by recent weak prices, America’s status as an emerging energy superpower has solidified in 2016, weakening OPEC’s grip over the oil market along with Russia’s influence …

Russia’s export strategy

Russia regards gasification of its eastern provinces as a key strategic priority. Increased export sales will be vital to underpin the economics of supply developments. Gazprom’s production growth will rely …

Russia’s oil & gas production

Russian oil production Russia today is one of the world’s 3 major oil producers, alongside Saudi Arabia and the US, producing 10.7 MBD (million barrel per day) in 2015. Russian …

Russia

In Russia, oil and gas, rather than the army and the navy, are being touted as the country’s most important assets. Oil and gas continues to dominate the Russian economy …

US as swing producer

[The Revival of US Oil Production, 2007-2012] Let’s take a look at the table above. Apart from a few states such as Montana, Louisiana, and Alaska, Oil production in general …

Future of OPEC

The shale revolution has changed the dynamics of crude oil and petroleum product trade flows and the perception of the geopolitical importance of the Middle East in the global energy …

Shale revolution and OPEC

OPEC’s response to American shale oil was to create a supply glut, which would bring down the price of oil. As far as the logic went, if oil price was …

Contending trade routes

International energy markets depend on reliable transport routes. About 63 Percent (56.5 million barrels per day) of the world’s oil production in 2013 moved on maritime routes. World chokepoints for …

Shifting geopolitics

Cheap natural gas revived America’s economic power and geopolitical influence. The Western Hemisphere is the current center of gravity for non-OPEC oil supply growth. The US has refocused US strategic …

The impact of shale revolution on geopolitics

Shale substantially enhanced US global economic competitiveness and US foreign policy leverage globally. US LNG exports could greatly benefit consumers worldwide would bolster the US “rebalance” to Asia. Growing US …