Tag Archives: gas

LNG ante portas: Growing LNG penetration in Europe

20 Oct

In the previous post we highlighted that a significant oversupply is building up in international LNG markets, and suppliers have to find new markets as Asia seems to get satiated with LNG. In the longer run, we expect new markets to emerge while the deployment of LNG in transportation will become more widespread. However, in the next few years LNG can be sold only at those markets where infrastructure has already been installed to regasify and distribute LNG to consumers. Therefore, many free LNG cargos will head towards the European markets. In this post we examine to what extent LNG will be able to penetrate the competitive European gas markets and how market conditions will change as a result of the intensified international competition. […]

Head hunting for LNG traders is on

5 Oct

The birth of liquid international LNG markets

In the second post of our LNG series we focus on the restructuring of LNG markets and how they transform from a rigid, long-term structure dominated by a few incumbents into a flexible and vivid market place.

This restructuring opens doors for new entrants. There will be new buyers without rigid long-term commitments and new traders with less market power. They will distribute LNG towards new markets, even to Hungary. Following our slightly technical post today, next week we will continue our LNG series with focusing on how LNG will penetrate the European markets. […]

Prepare for the global gas tsunami

23 Sep

Global gas markets will be transformed in the next years, and this will affect Europe as well. This transformation will start on the liquefied natural gas (LNG) market and this post focuses on how the market has functioned so far and what events might turn it upside down. […]

South Stream is dead. Should Hungary mourn or laugh?

12 Dec

Neither. The South Stream would not have solved much of Hungary’s problems. But neither will the country be worse-off without it. […]

This is why more Russian gas is a bad idea

28 Nov

The price of natural gas is higher in European countries where the share of Russian import is high. Most likely this is not because of import dependency, but Russian dependency. If Eastern European countries want to buy cheap gas, they need to connect to the Western-European gas market: there Russian gas has to compete with other sources, leading to much lower prices. […]

Ukraine: The price of addiction

18 Feb

“The only free cheese is in the mousetrap.” Who profits from politicizing gas prices in Ukraine? How much is a country’s sovereignty worth?

Guest post by András György Deák, Associate Fellow at the Hungarian Institute of International Affairs. […]

Asian domination and cheap US energy forever

4 Dec

The IEA’s World Energy Outlook in 6 charts. […]

The consequences of a Persian Spring

7 Nov

It is a Saturday night in 2023. Despite the inconvenient hour, the Tel Aviv-Shiraz EasyJet flight is full of expectant Israeli and American backpackers, Iranian traders and the odd oilworker expat family based in Iran returning from a long weekend of sightseeing…

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What’s in a name? Special upstream edition

30 Oct

What do dead cows, Native American warriors and Snow White have in common? At first glance, not much. Yet these are just some of the many random names given to oil and gas fields.

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Trendspotting – the next 20 years of global energy

27 Aug

The world is either going to be constrained by the high price of energy, cook itself or it will use a lot of gas, barring a revolution in renewables.

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