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OPAL decison: not so good for Gazprom
The EC decision on OPAL will enable Gazprom to bid for some extra 12.8 bcma of OPAL. However, the decision has not only made 20% (2.56 bcm) of the ...
OPEC+ and UAE compromise points toward market stability
On 18 July, OPEC+ held an unexpected meeting to decide on production levels for August and the extension of the current agreement for 2022. The dec...
OPEC's options, price impact, US reaction
OPEC faces a dilemma: extend the existing production cut agreement and support price, or end the production cuts and watch prices drop. The dilemma...
China secures giant volumes of US LNG
In the last three months, Chinese buyers have contracted for some 130 million tonnes (Mt) of US LNG over the next 20-25 years. This sharp increase ...
China’s underground gas storage build has accelerated – what’s needed next?
Underground gas storage facilities construction has accelerated in the past two years thanks to policy mandates, renewed concerns over energy secur...
China's electric vehicle surge: a free market takeover
Since the second half of 2020, China’s EV sales are rising vigorously, with their shares in total car sales rising from 6% in 2020 to 24% in the fi...
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