Customers like Poland are able to diversify their supplies of gas, challenging Gazprom’s domination of the European market.
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a production pact with OPEC said.
Figures lead to questions of whether country is holding to OPEC quota.
The nascent U.S. LNG export industry has been particularly vulnerable to the U.S.-China trade war, the head of the American Petroleum Institute industry group said on Jan. 8, adding that he hopes negotiators will soon resolve the dispute.
I fell into the energy business midway between the two shortage-plagued oil shocks of the 1970s and I relish several high points during my career: visits to the North Sea and Prudhoe Bay; a tour of Henry Hub; time at Kenai, Alaska, within the nation’s first LNG liquefaction plant; and an itinerary around Singapore’s sprawling refinery/petrochemical industry.