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In July, Gazprom and China National Petroleum Corporation (CNPC) announced first gas supplies via the Power of Siberia pipeline for 20 December 2019. Alongside a raft of projects starting up in 2019-2021, tax increases and low gas prices are straining Gasproms finances. We explore the risks for the Power of Siberia project.
Oil demand has gone into a tailspin. We now expect Q1 global oil consumption to be 2.7 million b/d lower than the same period a year ago.
European gas prices have been hitting record highs and prices have been soaring in Asia. It's clear the market needs more gas. The US has the resources to meet that demand, but has hurdles to overcome
As the region grows richer, energy demand is booming, leading to buoyant gas, LNG and power markets.
The 2020 elections bring US energy policy to a fork in the road. Trump offers continuity, with some further easing of regulations on the oil, gas and coal industries. Biden offers a return to the Obama administration’s strategy of using regulation to cut emissions, and more ambitious moves if the Democrats win control of Congress.
Breaking down the impact of US tariffs on energy, trade and global markets
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