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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 […]

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.

Bluff, empire-building or no better project?

Gazprom faces money troubles – it simply has too much.

For the first time in history, Gazprom is transporting liquefied natural gas (LNG) to Japan via the Arctic, and even endeavored to make the trip in November. This route is three weeks shorter than the currently used roundabout to the south, and there are no fees to be paid at the Suez Canal. All this […]

Finally the EU has woken up to something that has long been obvious. Another sign that the (market) power of Gazprom is waning.