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Natural gas plays an important role in Russian economy but how will that role change over the coming decades, what pressures will it face and how will that impact Russia and the rest of the world?
Despite the worlds largest reserves of Shale Gas, downgraded forecasts, under-delivery and costly infrastructure have lead many to question whether Shale Gas will ever be fully viable in China.
No one likes getting a gas bill, but Europe’s biggest utilities are especially upset over the sums they must pay gas producers, in particular Russia’s state-backed giant, Gazprom. Some are trying to cut those costs; but with little in the way of leverage over producers their chances of success look slender.