Hungarian Prime Minister Viktor Orban on Saturday announced that his government would support Poland in a political battle against Brussels, which has threatened sanctions against Warsaw.
Recently, the growth of Qatar hydrocarbon exports to Europe has been clearly observed. According to statistics, more than a quarter of the consumed in the countries of the European Union (EU) liquefied natural gas (LNG) is delivered from Qatar. The construction of an LNG terminal in Poland began, where, from 2014, Qatargas plans to supply annually
Israeli gas supply to Europe is a part of the Southern Gas Corridor concept, Sohbet Karbuz, Director of Hydrocarbons, Mediterranean Energy Observatory (OME).
On 14 July, NIB invested EUR 25 million in subscribing to Lithuania’s first green bond issuance made by the country’s leading energy company Lietuvos Energija.
Nuclear power is an energy source that could help to significantly reduce greenhouse gas emissions and reduce the scale of climate change by replacing carbon intensive coal and gas-fired power stations. However, with the production of nuclear energy comes the production of nuclear waste.
The Caspian region has tremendous potential to supply Europe with additional pipeline gas supplies and LNG, believes Claudio Steuer, Director of SyEnergy, a UK energy consultant focused on strategy and commercial matters involving natural gas and LNG value chains.
According to the assessment of the World Nuclear Association (WNA) and the IEA Agency for the implementation of the Paris Agreement (limiting global warming to only two degrees Celsius before 2050), the world needs to put into operation 1000 GW of nuclear power capacity for the period (until 2050). This will require the connection to the network of up to 35 new nuclear power units per year (now only 10-15 power units per year are connected). Atoms have even come up with their name for "green energy". This is nuclear energy plus renewable energy sources.
Such projects as the Southern Gas Corridor and the Eastern Mediterranean Gas will enable Europe to diversify its energy sources, thereby improving its energy security, said the US Secretary of State Rex W. Tillerson.
Russia and China should worry.
Kazakhstan, Turkmenistan, Uzbekistan need to redirect investment flows as combustibles’ future spells doom
The wider Caspian region, which comprises the Caspian littoral states and the lands to their east, is sitting on a vast riches of subsoil resources of which combustibles are made to quench the world’s ever increasing thirst for energy. Those who dedicate their lives and/or cash to such resources hardly ever miss an occasion to stress the need for them, downplaying the growing importance of alternative resources, located not under but on and above the earth’s surface and being infinite.