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.
Supporters of action to stop climate change have thanked the French president, after he declared he plans to host a climate change summit, two years after the landmark Paris accord.
Liquefied natural gas (LNG) will have a hard time competing against piped gas which will be cheaper in most cases, therefore US LNG exports will not make the Southern Corridor obsolete, Gal Luft, co-director of the Institute for the Analysis of Global Security (IAGS), a Washington based think tank focused on energy security, and a senior adviser to the US Energy Security Council.
Kazakhstan has continued investments in renewable energy sources and will to expand these volumes as it moves forward.
US President Donald Trump's ambitions to achieve “energy revolution” will destabilize energy markets, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a partner at Dutch risk consultancy VEROCY and SVP MEA-Risk.
Uzbekistan’s President Shavkat Mirziyoyev and President and CEO of PJSC LUKOIL Vagit Alekperov, who arrived in Tashkent for a working visit, discussed the implementation of current projects and preparation for prospective projects in the oil and gas sector.