It’s The Gas, Stupid
China has revolution envy. The world’s largest energy consumer wants a natural gas boom to match the speedy transformation in the U.S., where shale gas production more than quadrupled between 2007 and 2012. Read Here – Bloomberg
Tag: natural gas
Shale To Not Pale Saudi Oil
the shale oil bonanza in the United States is actually a good thing for Riyadh. Over the last few decades, oil markets have experienced sharp price fluctuations, particularly with growing demand for oil in the emerging Asian economies. Read Here – Foreign Affairs
Same World, Different Takes
Judging from their reactions to the deal that world powers signed with Iran in Geneva early Sunday morning, Prime Minister Binyamin Netanyahu and US President Barack Obama live in different worlds. Read Here – Jerusalem Post
Qatar Will Not Be The Same After Hamad
The former emir had made his country, and more so himself, the ultimate decider on many regional issues. To leave it all at this critical stage, and hand over power to his son Tamim, does not make much political sense. Read Here – Gulf News
Myanmar And The Rush For Energy
The country has 7.8 trillion cubic feet of proven natural gas reserves, worth about $75 billion at current U.K. benchmark prices. Neighbors India and China covet the stuff. In a recent report, the McKinsey Global Institute estimated that energy and industries such as agriculture need a combined $320 billion through 2030 for Myanmar’s economy to […]
Why Is Central Asia Central To Chinese Plans…
China’s influence in post-Soviet Central Asia has steadily grown for 20 years. Beijing, striving to suppress Uighur separatist movements in and beyond its own Xinjiang province as well as to tap into Central Asian development projects, has backed the neighboring region’s largely unpopular authoritarian regimes. As a result, the populations’ receptiveness to Islamic forms of […]
The Coming Dash for Gas
Exploratory drilling near the coasts of Cyprus, Egypt, Israel, Lebanon, Syria, and Turkey has unearthed vast reserves of natural gas. Competition over the rights to tap those resources is compounding existing tensions over sovereignty and maritime borders. The eastern Mediterranean is quickly becoming as volatile as its eastern cousin, the South China Sea. Read Here […]
Zardari’s gesture of defying the US rings hollow
When Pakistan’s President Asif Ali Zardari travels to Iran on Monday to oversee the formal inauguration of an ambitious gas pipeline project from Iran to Pakistan, his gesture of defying US pressure on this issue will be seen broadly as a hollow one. With just days before the tenure of his elected government ends, Zardari […]
How Putin Is Turning Russia Into One Big Enron
In a few quick decisions, President Vladimir Putin has devastated Russia’s energy policy. This daring radical change of strategy will primarily hit state revenues. The essence of these policy changes is renationalization, a massive increase in capital expenditure and reduced efficiency. For years,Gazprom has carried out too large capital expenditures, 70 percent of which investment analysts euphemistically with call “value detraction,” which really means corruption or […]
US To Overtake Saudi Arabia In Oil As China’s Water Runs Dry
It is official. The US will overtake Saudi Arabia to become the world’s top oil producer by 2017. The International Energy Agency (IEA) said in its world outlook for 2012 this morning that the US will be a net exporter of gas by 2020, with all the vast implications of abundant cheap gas for its […]
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