Oil and Gas

At present there is a sense that the situation regarding LNG supplies to the European market appears favourable. A growing number of players are capable of supplying LNG to the market in stable and predictable quantities; the LNG trading system has shown relatively high flexibility and price adaptability in recent years, although the gain in […]

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A ten-year transit contract between Gazprom and Naftogaz on supplies of Russian gas to Europe through Ukraine expires on December 31, 2019; all eyes are now on trilateral negotiations between the European Union, Russia and Ukraine. There have been heated discussions about Russian projects such as Nord Stream 2 and Turkish Stream that are attempting […]

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As well as its beaches, the Croatian island of Krk is known for a range of tourist attractions: Krk town can trace its history back to Roman times, and the local winemakers are considered experts.  The Croatian government has been itching to add to this image of the island for some time: a floating terminal for […]

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A key factor in current gas policy is the fight for the European gas market, which is becoming increasingly politicized. It is very evident that this market requires substantial re-structuring, linked to the consequences of American sanctions policy and changes in the system of gas transport routes, even if not all the transport options announced […]

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“Something is rotten in the state of Denmark”: this well-known phrase from Hamlet could just as well be addressed to the current Danish leadership – if not to Queen Margrethe herself, then to the Danish government. Copenhagen is yet again dissatisfied with the plans for building the Nord Stream 2 gas pipeline. The Danish Energy […]

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– and How Europe Plans to Escape it  America has been gripped by a gas export boom. The US launched a global project to supply liquefied natural gas to other countries in February 2016, and since then gas in volumes equivalent to 42 billion cubic metres (bcm) has been shipped to global markets in the form […]

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In 2015, when Europe was actively looking for alternative energy routes after the Russia–Ukraine conflict broke out, one feasible option was to import natural gas from the rich Caspian fields via new pipelines. Back then Maroš Šefčovič, Vice President of the European Commission for the Energy Union, claimed that by 2019 natural gas would be […]

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The key players in the global gas market are facing the need for a serious review of medium-term and potentially also long-term plans connected to EU energy security, which are based on the possibility of creating a situation at least partly managed from Brussels, of competition between Russia, the US, and Iran for the right […]

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Most energy experts are calling 2019 a critical year for Ukraine. If there is no miracle and the good European fairy does not wave her magic financial wand and shower Kiev with gold in the next few months, the rusty pipes of the old Ukrainian gas pipelines will remain useless scrap metal, spoiling the country’s […]

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“Whatever’s bad for our Eastern neighbour is good for us!” It looks as though in Warsaw today, the Poles are happy to base their entire national well-being on this slogan. But history has demonstrated many times that mottos and vivid politically-based slogans like this bear no relation to real economic achievements. One exception, perhaps, is […]

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