One day after a disputed and widely deemed unlawful referendum in Crimea, the Crimean Parliament declared Crimea’s independence from Ukraine, formally asking Russia to annex it, the New York Times reports. This comes after 96.6% of voters in Crimea support joining Russia. With this, the crisis in the Ukraine hit its peak to date and… Keep reading →
A deal to buy Israeli natural gas can help mitigate the kingdom’s energy shortage and steer Amman away from problematic nuclear plans, but it risks stirring domestic opposition. In February, two private Jordanian firms signed a contract with a private U.S.-Israeli consortium to import natural gas from Israel’s giant Tamar field, located under the bed… Keep reading →
Iran has the world’s largest proven natural gas reserves (second largest depending on the data source) – 18% of the world total – but has struggled to get its export program off the ground. Iran exports gas to Turkey via pipeline – 7.5 Bcm in 2012 – and negligible volumes to Azerbaijan and Armenia, also… Keep reading →
Ukraine’s political crisis continues, with Russian troops in Crimea, reformist forces in power in Kiev, and Europe, the US and Russia vying to broker a lasting solution. Just below the surface is the critical issue of natural gas. Europe gets approximately one-third of its gas from Russia and the majority passes through Ukraine. Will Ukraine… Keep reading →
This concluding article in a 3-part series details Gazprom’s changing European natural gas export strategy as it bumps up against EU regulations designed to promote market liberalization by unbundling energy production, transmission, delivery and storage from single-company ownership. The new Gazprom-designed gas transit system outlined earlier in this series – here and here – is not… Keep reading →
Many Americans lack knowledge on key energy issues, which could be problematic when they vote later this year for congressional representatives who will shape the country’s energy policies. “What is the solution to this ongoing problem of voters not having sufficient energy knowledge? It is information. Women and men need to understand both sides of the… Keep reading →
Overview This paper focuses on evaluating the gas interconnection between Chile and Argentina from 1994 to 2009. In order to attain this goal the article describes the negotiation process between The State and the private sector. Firstly, it tries to introduce the reader to the Argentinean and Chilean status in terms of energy at the… Keep reading →
This second of three articles on how Gazprom is attempting to revamp its natural gas export strategy in Europe addresses a crucial element for the strategy’s success: Gazprom’s accumulation of gas storage capacity in Germany. Driven by the fact that many governments in OECD Europe have made commitments to reduce carbon dioxide emissions to 20… Keep reading →
This first of three articles on how Gazprom is attempting to revamp its natural gas export strategy in Europe reviews Germany’s central role in this endeavor with specific focus on the traditional role of underground gas storage facilities. Germany is the second largest natural gas consumer in the EU, closely trailing the United Kingdom. Moreover,… Keep reading →
Although yesterday’s EIA Weekly Natural Gas Storage Report recorded a smaller draw than analysts expected – 262 Bcf declined from storage, but expectations were around 271 Bcf – and the March NYMEX gas futures contract decreased in price as a result, storage remains historically low and the need to replenish it during injection season could… Keep reading →
