Arctic LNG Revolution Is Russia’s Answer to US Shale Boom

Arctic LNG Revolution Is Russia’s Answer to US Shale Boom

Last week saw Japan’s Mitsui and Japan Oil, Gas and Metals National Corporation agree to buy a 10% stake in Novatek’s Arctic LNG (liquefied natural gas) 2 project for an officially undisclosed price, although Russia’s President Vladimir Putin independently stated that the investment would be around US$3 billion. The fact that Putin himself commented on the…

Latest Weapon of US Imperialism: Liquified Natural Gas

Latest Weapon of US Imperialism: Liquified Natural Gas

One of the most importantenergybattlesof the future will be fought in the field of liquid natural gas (LNG).Suggested as one of the main solutions to pollution, LNG offers the possibility of still managing to meet a country’s industrial needs while ameliorating environmental concerns caused by other energy sources.At the same time, a little like the…

Russia Should Take the US’ “European Energy Security Act” More Seriously

Russia Should Take the US’ “European Energy Security Act” More Seriously

Underestimating the potential of one’s adversaries and expressing excessive self-confidence in one’s own abilities oftentimes leads to the said party being unpleasantly surprised if events don’t go exactly according to how they expect them to. Russia would well to reconsider its position towards the US’ proposed “European Energy Security And Diversification Act of 2019” because…