SCO & BRICS latest news and insights
The calls to abandon Russian LNG are increasing in Europe, as it is curently almost exclusively purchased by European consumers. A vote on this issue is scheduled for April. This raises questions about why Russia began selling its LNG to Europe and why Europeans have been buying it. It is unclear wh...
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
In February, Russian LNG exports increased by 2.8% compared to the same period last year, reaching 2.79 million tons, according to Kpler data. Despite ongoing discussions in Europe about limiting purchases of liquefied gas from Russia, supplies to EU countries remain stable. The...
Recently, Qatar's Energy Minister Saadi al-Kaabi spoke about new plans for the development of the gas sector. Doha plans to increase gas production by another 13%, which will allow Qatar to control a quarter of the world's liquefied natural gas (LNG) exports. Doha, of course, expects further signifi...
By Rhod Mackenzie
TotalEnergies Vice President for Asia, Thomas Morisse, predicts that demand for liquefied natural gas (LNG) will increase in 2024, driven by China and Europe.
Morisse stated at an energy conference, as reported by Reuters, that "(Demand for) LNG will continue to grow. Europe is...
