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Pipe dreams and net-zero agendas


Pipe dreams and net-zero agendas
Mar 14, 2021 8:30:am
Summary
by: Charles Ellinas
Pipe dreams and net-zero agendas
THE Egyptian Petroleum Minister, Tareq El Molla, in a first visit to Israel on February 21 agreed with his Israeli counterpart, Yuval Steinitz, to work together toward an inter-governmental agreement for the construction of an offshore gas pipeline from the Leviathan gas-field to Egypt’s liquefaction facilities. This came as part of a discussion on ways to boost joint cooperation on energy security in both countries.
This visit was preceded by similar delegations of Greek and Cypriot leaders, intended to demonstrate renewed regional ally unity in the light of the forthcoming meetings involving Greece, Turkey, Cyprus and the EU, and US’ evolving role in the region. ....

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New role of the Russian gas industry


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AlexandeR KlimentyeV, Andrej Haug, Amina Talipova, and Minzalya Ishmuratova, part of a Russian small and mid scale LNG research group, investigate the new role of the Russian gas industry.
Given recent market and technology developments, LNG is among the most rapidly developing global energy industry sectors. Competition is getting more stringent, and governments use a broad range of stimuli, from tax benefits to direct product marketing, to promote their producers.
In April 2020, the Russian Government approved the Energy Strategy up to 2035 to maintain the international energy market share and ensure domestic energy security. Following the Energy Strategy, it is hard to achieve these goals without a substantial LNG production increase. Target LNG output is set from 80 million tpy to 140 million tpy by 2035, which will raise the LNG share of the total gas production from 4.2% in 2018 up to 22.4%. ....

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