Artículos con la etiqueta ‘gas’

The Gas Summit in Moscow: What Has Been Left Unsaid?

Por • 6 jul, 2013 • Category: Economía

The gas market has changed considerably in recent years, which needs to be analysed and discussed by everyone involved in the market. For this reason, the Second Summit of the heads of state and governments of member countries of the Gas Exporting Countries Forum (GECF), which took place in Moscow on 1 July 2013, was not only a long-overdue event but also, to some extent, an emergency measure. Equally as important here would be information and analytical work by the GECF, which so far has not indulged the expert community with any independent research related to developing the gas market. Over the last two years, Leonid Bokhanovsky and his team promised to carry out serious analytical work as part of the GECF Secretariat, but practical results are yet to be seen. Up to now, the Forum has not even been able to offer the market any weighty expert opinions. More importantly, companies, analysts and journalists forget about the GECF between summits, and defining what the Forum does at non-Forum times of the year is not an easy task.



World Energy: From the «Shale Revolution» to Healthy Pragmatism? (II)

Por • 17 jun, 2013 • Category: Economía

Most likely, the European Union would make concessions to Russia in such an important area for both sides as energy supplies if it weren’t for the position of the U.S. For Washington, isolating Russia as much as possible from energy markets is a question of strategy, as «dependence on energy producers is incompatible with a unipolar world and is a real threat to the status of the U.S. as the only superpower». It is no accident that such close attention is given to the so-called «Greater Middle East», where 62% of proven world oil resources and over 40% of gas are found, in the concept of the Pax Americana. [14] As Massachusetts Institute of Technology professor Noam Chomsky writes, «the main goals of global domination which were formulated in the post-war era remain relevant to this day». Among these goals Chomsky names «keeping control over the main world energy sources». It is worth mentioning that as far back as 1945 the U.S. State Department declared energy resources to be «one of the most attractive trophies in world history».



EU Changes Energy Policy

Por • 29 may, 2013 • Category: Economía

The publication of the management consultant A.T. Kearney’s report was evidently timed with the summit. The report said shale gas production in Europe is expected to come in full swing by 2017-2018. A.T. Kearney expects shale gas production in the region to reach 58 billion cubic meters by 2035, which is well over 12 percent of the total gas consumed by the EU in 2011. By that time the shale gas extraction in Europe should account for 45 percent of the total gas production in the region, with the exception of Norway. According to our view, the report is built on sand. The producers and state geological services (5) are confident that no production estimates could be made without adequate exploration including actual drilling. As is known, the plans to produce shale gas by ExxonMobil (in Poland and Hungary), Shell (Sweden). have been shelved. In Germany Wintershall and BNK have called back their exploration licenses. BNK has dropped its concessions in Thuringia, Germany. Previously it had planned to produce 10 billion cubic meters annually during 25-30 years (the total country’s production is around 11 billion cm). (6) The forecast figures for overall European shale gas production were overestimated in the US Energy Information Administration 2011 report.



Shale gas revolution in the US presents regulatory and infrastructure challenges

Por • 11 ene, 2011 • Category: Leyes

rge-volume production of shale ­natural gas in the US could depress the ethane price in the coming years, providing a boon for local petrochemical and polymer producers in the form of cheap feedstock. However, the energy sector has its own brambles to trim to make ethane’s path to market viable.



Venezuela incrementó sus reservas probadas de gas a 185,2 billones de pies cúbicos

Por • 30 ago, 2010 • Category: Nacionales

Venezuela elevó sus reservas probadas de gas, al incorporar 6,37 TCF (billones de pies cúbicos) provenientes de un importante bloque que será explotado por la italiana ENI y la española Repsol en el país, dijo este viernes el Ministerio de Energía.



Mucho gas que no se usa

Por • 12 ago, 2010 • Category: Crítica, Economía, Nacionales, Política

En 2005 se disponían de 106.726 millones de pies cúbicos de reservas de gas desarrolladas y para 2009 aparecen 36.682 millones. Se están gastando los inventarios sin incorporarle un solo pie cúbico nuevo del fluido necesario para el desarrollo industrial.