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…
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…
In a display of full-on, Ministry of Truth-level insanity, the Trump administration appears to be attempting to rebrand its energy exports as “freedom gas.” It sounds like satire, but you couldn’t even make this up. In a real press release, the US undersecretary of energy Mark Menezes says that increasing export capacity from the Freeport…
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…
The prevailing Alt-Media narrative that Washington wants to impose a pro-US puppet regime on Venezuela in order to control all of the country’s oil doesn’t make much sense when considering that it already buys 41% of the Bolivarian Republic’s total exports, meaning that another more nuanced explanation needs to be offered in order to account…
The concept of Greater Eurasia has been discussed at the highest levels of Russian academia and policy-making for some time. This week the policy was presented at the Council of Ministers and looks set to be enshrined, without fanfare, as the main guideline of Russian foreign policy for the foreseeable future. President Putin is unconditionally…
