This strong increase in LNG production capacity will ease gas supply concerns and prices. It is expected to make natural gas a buyers’ market. [Gas in Transition, Volume 3, Issue 11]
Japanese Prime Minister Fumio Kishida agreed to strengthen energy ties and economic cooperation with major gas producer Qatar on Tuesday, the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high tech.
In its Energy Outlook 2023, BP states that the upheaval caused by Russia’s invasion of Ukraine will push countries to pursue greater energy security over the next decade, with oil and gas consumption declining faster than predicted previously. [Gas in Transition, Volume 3, Issue 2]
this is potentially a warning shot to the rest of europe. given that many countries in europe so they do want to win themselves off russian gas, as you say, there is a limited supply for them to access, isn t there? so it will hurt someone at some point. that is right, as much as the rhetoric from poland and bulgaria today is that we can manage through this, we will figure this out, nobody panic, the reality is, there is still a lot of reliance on russian oil and gas imports by european states where it comprises nearly one quarter or more of consumption. russia knows this, russian is that by the end of the year it will have less leverage than it has today, so it wants to use this ban in terms of insisting on rebels payments to stick it where it hurts to europe, while it can, while it still can be paid in a currency that they can use