Category: Volume 2 (2013-2014)
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End of the Fracking Dream
by Fabio Herrero In a previous article entitled, “US Natural Gas Export: A Sensible Move?” dated September 2014, I wrote about the nonsense surrounding the US gas export meme and debunked the frack gas miracle. Many arguments used for my case, which was that the gas boom was not a long lasting one and that…
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Russia’s Power Equipment Industry – Modernization in Times of Geopolitical Conflict
by Daniel Tappeiner As more economic sanctions are imposed on Russia by a West spearheaded by the US supposedly to change Russia’s attitude towards the geopolitical conflict over Ukraine, ever wider economic sectors in Russia come under financial pressure, and what is more, trade in crucial technologies is reduced. Apart from the direct impact of…
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US Natural Gas Export: A Sensible Move?
by Fabio Herrero In the past years there has been a lot of noise about LNG export from the US. On March 25, 2014, Senate Energy Committee Chairwoman Mary Landrieu spoke about replacing Ukraine Russian gas imports with US gas. The indirect reply by Cheniere CEO Mr. Souki “It’s flattering to be talked about like…
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Future of Cypriot Hydrocarbons Obscured by Historical and Political Shadows of the Past
by Athina Sylaidi The discovery of hydrocarbons in Cyprus, Israel, the Greek territorial waters, and south to Egyptian waters, in the Eastern Mediterranean, is a strategic turning point for the region, especially for Cyprus and Greece. Recent research of the US Geological Survey characterizes the region as one of the most important sources of natural…
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The History and Impact of U.S. and EU Energy-related Sanctions Against Iran
by Trey Giesen The designation of the Islamic Republic of Iran as a state sponsor of terrorism by the United States on January 23, 1984 began a thirty-year long sanctions regime against the Islamic nation. Initially serving the twofold purpose of pressuring the Islamic republic to discontinue its support of terrorism and curbing Iran’s growth…
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Future Development of Southeast European and Mediterranean Natural Gas Reserves
by Athina Sylaidy Energy security is a multifaceted issue, and one no longer restricted solely to the domain of the viability of energy supply, price appreciation and preservation of the environment, issues which are included in the ‘energy policy’ triangle. “Energy security”, as defined by the IEA, means ”adequate, affordable, and reliable supplies of energy.”…
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Russia, Ukraine, and Europe are Tied by Gas Dependency
by Dr. Jack D. Sharples A version of this article first appeared in the online publication “The Conversation” on April 17, 2014. The German energy giant RWE has begun to “reverse flow” supplies of gas from Europe back to Ukraine via Poland, a process first arranged in 2012, with an agreement to deliver up to…
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Workshop Review: Boris Jordan, Chief of Sputnik Group – The Ukrainian Crisis and Why the Russian Economy is Slowing
by Nicholas Watt On April 7, Boris Jordan, CEO of Sputnik Group, gave a presentation to European University’s students and professors in the Golden Hall. After being introduced by Rector Kharkhordin, Jordan began with the warning that he may from time to time switch back into Russian. Indeed, Jordan, a US citizen, has spent the…
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Is Gazprom’s Pipeline Export Monopoly Under Threat?
by Andras Szekely Gazprom has a reputation of being the ultimate monopolist, the company on which both Siberian babushkas and German industry are dependent. Since Alexey Miller was appointed CEO of the company, Gazprom has played a crucial role both in the domestic Russian market and in the European gas market. For a long time…
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American LNG Export to Save Europe from Gazprom is Mostly Hot Air
by Michael Camarda In the search for ways to punish Russia for its military incursion into and subsequent annexation of Crimea, the US and EU have both imposed sanctions, visa restrictions, assets freezes on Putin’s inner circle, as well as suspended Russia’s G8 membership. The more vaunted sectoral sanctions, with finance and energy being the…
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