Ending, if its dependency on oil and gas in general. So we are in a situation in the short term where we will do what we can to contribute to the Global Supply of energy by increasing our capacities in the short term and explore ways to see if it makes sense to export l n g. And if theres a Business Case for it to export l, n g directly to europe. And thats something that you can make conversations going on between businesses in canada and in, in germany. But in the medium term and long term canada can and will position itself to be a key supplier of energy to the world in a net 0 economy. And that means investments and hydrogen, it means more investments in critical minerals. So we can be a reliable partner on that. It means investments in a range of solutions from renewables to nuclear, to arrange of things in the short term. We are very much looking at what we can do because in the medium term in long term, we are accelerating our commitment to d. Carbon is ation to fight in Climate
Is looking for energy deals and some help winning germany off russian gas. Ah, ive been for solid welcome. Russian Security Services claim. Ukraine is responsible for a car bombing it. Moscow. The attack killed daria davina, a daughter of an outspoken russian hardline nationalist said to be close to Vladimir Putin, both to deny and her father publicly supported rushes war in ukraine. Keith has denied any involvement, but an obscure Russian Group now says it was behind the attack. They call themselves the National Republican army and non non groups. That is now claiming responsibility for the killing of daria to ganache from which in a video Statement Read by a former russian lawmaker, the group threatened to more attacks on people with connections to the kremlin or, but there are doubt that an improvised movement could have carried out such a sophisticated attack bites in investigations over the death of dark doogie. Now continue, the Russian Investigative Committee says an explosive p
How one grammy hopeful is making it big without the backing of a major label. Topping the news this hour day two of the geneva peace talks to end syrias war. A small victory for rebels and a deal to get women and children out of a key Battle Ground city. The government draws a hard line saying it is not giving up the keys to damascus. Meanwhile the fighting rages on amongst rebels, Government Forces and Al Qaedalinked militan militants. How are the talks affecting the fighting . Sadly, that fighting continues unabated. I suppose we shouldnt diminish the fact that this is the First Agreement the two sides have made in the three years of war. The fact is nobody knows how the deal with work on the ground. Nobody knows how the women and children will leave the children. It theres nowhere in syria that needs the suffering alleviate more than the thirdlargest city, homs. Most of the homs no longer exists. For two years its been pounded by bombs. Mortars. Artillery. The assad regime tried to
These bars, the top gray line, this line is the 85 take home pay and this is the current situation. So what you see here are the contractual commitments for those of you not familiar with cubic years if you divide by ten you get a per day. What we are saying in the chart up till the mid 2020s european buyers are obligated to by closer to 15 billion cubic per day with legally binding arbitration. So all of the discussion on how europe can reduce their dependence on natural gas, if europe wants to break the contracts it would need to spend 400 600 billion euros. That is not going to happen. There is a difficult dependence math people try to do saying this country is dependence on this country for this percent of its gas supply and that is not helpful on a country basis let alone a european bases. The thing you need to keep in mind is traditionally virtually all of russias gas supply went through ukraine hence the problem we are having. But that has been diversified because of the lack of
Million barrels a day of transportation fuels. We see that low point roughly around 2030, and that is about 12. 3 Million Barrels a day. Again, this is the reference case. Fuel efficiency rules begin to taper off around 2025 and policymakers decide to extend the fuel efficiency rules, we would see even lower numbers in there. We will run a side case on that this year, and that shows more of a decline than this plateau youre saying here. Gas,ed that shale were not seeing any punch a little. By 2040, we will be over 100 billion cubic feet her day. Per day of these productions of natural gas. These will roughly be half of the u. S. Natural gas reduction. This is a remarkable development. Haynesville, eagle ford, barnett about fayetteville, the big news is the marsalis orations in pennsylvania. It is now producing, estimated and are drilling productivity reports, this month and hit 13 billion cubic feet per day. In 2010 it was barely two bcf a day. So what is going on in terms of shale gas