SCO & BRICS latest news and insights
The demand for helium is much lower than that of methane, which is the primary component of natural gas. Helium supplies are measured in millions, not billions of cubic meters. However, the market for this scarce gas is also experiencing significant changes, with the same players involved, including...
The extension of Europe's Emissions Trading Scheme (ETS) to shipping from this year means that gas carriers delivering liquefied natural gas (LNG) to Europe will also have to pay a carbon tax. This could lead to very big changes in the global LNG market, warns Oil Price.
The Cross-Border Carbon Off...
The terrorist attack on Nord Stream has opened a Pandora's box. Without an adequate and articulated strong response, this incident violates the principle of inevitability of punishment (Latin: certitudo poenae) - a legal term that means any person, natural or legal, must be held accountable for the...
The European Commission aims to decrease its purchases of liquefied natural gas ( LNG from Russia starting this year. This is despite the fact that Russia is currently the second largest supplier of LNG to the continent, after the United States. However, finding a replacement for Russian volumes rem...
By Rhod Mackenzie
Following the collapse of Russian pipeline gas supplies to Europe due to sanctions and the explosion of the Nord Stream gas pipeline, they were replaced by liquefied natural gas (LNG). A fierce struggle unfolded for this and other strategic resources. The main competitors were th...
By Rhod Mackenzie
The termination of gas transit through Ukraine will formalise the end of Russian-European gas relations. The current transit agreement, which was agreed in 2019 following the resolution of the debt dispute between Gazprom and Naftogaz of Ukraine, will expire after 2024. The autho...
