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Gazprom Exports Less to Europe in Feb
Mar 2, 2021 12:55:pm
Summary
by: Thierry Bros
Russian gas exporter Gazprom saw a big drop in its February exports to the European Union, with flows down 14.3% on January. This can be explained by extended lock-down restrictions in Europe and additional LNG.
Ukrainian transit was the one that took the hit again (-52.7% vs last month). The transit deal signed December 29, 2019 between Gazprom and Naftogaz provides for 40bn m³ transit volumes for 2021. As the 40bn m³ should be on a uniform flow of 110mn m³/d, any lower historical flow cannot be mitigated by higher contracted flows. For higher flows, Gazprom need.
The Geopolitical Implications Of Global Decarbonization For Mena Producing Countries
Feb 21, 2021 10:35:am
Summary Endowed with half of the world’s proven oil and gas reserves, the Middle East and North Africa (MENA) region represents a cornerstone of the established global energy architecture. As the clean-energy transition gains momentum worldwide, this architecture might shrink challenging the socio-economic and geopolitical foundations of the region in general, and of its oiland gas-producing countries in particular.
by: Pier Paolo Raimondi and Simone Tagliapietra, Oxford Institute For Energy Studies (OIES)
Posted in:
The Geopolitical Implications Of Global Decarbonization For Mena Producing Countries
This challenge has two dimensions: domestic and international. Domestically, a decline in global oil and gas demand would reduce revenues for producing countries. Considering the profound dependency of these countries on oil and gas rents (the
The Energy Transition And The Enduring Role Of Energy In Us Foreign Policy
Feb 20, 2021 2:35:pm
Summary American foreign policymakers have rarely been energy experts. But in practice, for decades, they have confronted and manoeuvred around energy issues.
by: Meghan L. O’Sullivan, Oxford Institute For Energy Studies (OIES)
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The Energy Transition And The Enduring Role Of Energy In Us Foreign Policy
Energy has been both an end and a means in American foreign policy. The heavy reliance of the American and global economies on oil and gas has shaped US foreign policy in distinct ways for nearly the last 100 years. As the world moves away from fossil fuels and towards a different energy mix and an alternative energy system, energy will continue to sculpt US foreign policy, but in a very different manner.
The PetroVietnam Exploration Production Corporation (PVEP) will invest about 380 million USD in exploring, exploiting and developing new oil fields this year, according to Deputy General Director Hoang Ngoc Trung.