Barrelperday

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 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 […]

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.

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

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. While many countries import gas into their country, which is a healthy trade helping both the countries involved in the process, one of the main problems […]

“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.

The IEA’s World Energy Outlook in 6 charts.

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…

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.

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.