Tag "Yamal LNG"
Russia is gradually developing its Arctic LNG strategy
Due to its geographic location, natural resource extraction in the Arctic circle is strategically important for Russia’s overall energy strategy. At the same time, Russia is gradually shifting away from the traditional state-controlled gas trade through pipelines and is increasing its LNG production.
Sanctions, oil, and the emerging China-Russia-Iran axis
Although China has backpedalled on proposed tariffs on U.S. crude imports, the move is indicative of its need to diversify sources and steps may now be taken to enable China to play the oil card in the future – including imports from Iran despite sanctions, and drawing closer to Russia.
Assessing the Trump doctrine of “energy dominance”
If the US is to wield energy as a weapon, it will be perceived as an unreliable supplier, and risk moving at cross-purposes with the system of free and open energy markets that it has promoted for decades.
