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Is it possible to replace Russian LNG with American: reality, benefits and risks for the European market
... capabilities, and even with sanctions restrictions, supplies continue.
Technical and economic barriers to replacing Russian LNG with American
Infrastructure restrictions. Most European countries, despite significant infrastructure development, still depend on pipeline gas and have limitations on the reception and processing of LNG. Technically, expanding imports from the United States will require significant investment in ports and terminals.
Pricing policy. American LNG is on average more expensive than Russian LNG ...
What are natural monopolies?
... services increases, the costs per unit become lower.
High barriers to entry: Natural monopolies often require huge investments in infrastructure and long payback periods, which creates obstacles for the emergence of new players. For example, building gas pipelines or railway lines requires huge investments that only large companies or the state can afford.
Social importance: Natural monopolies often provide important services for society, such as electricity, water, gas or transport. Therefore, the state ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... cargoes headed to Asia). The main importers – the largest economies in the EU and Turkey – continue to receive significant volumes of liquefied gas from the U.S., Qatar, and other countries.
Norway
, maintaining its status as a leading supplier of pipeline gas to the EU, is keeping exports at high levels (over 300 million m
3
/day in June), although periodic repairs at fields (such as at the “Nihamna” terminal) temporarily reduce throughput.
Meanwhile, extreme heat in Asia is prompting several countries ...
An expert assessed the impact of increased gas supplies to Europe on the growth of industry revenue
... year-on-year, reaching 97 million cubic meters per day compared to 72 million cubic meters per day in January–August 2023.
This figure includes transit supplies to Serbia and North Macedonia, which are delivered via the Balkan branch of the TurkStream pipeline. As a result, Russia's natural gas production in the first seven months of 2024 increased by 10.6%, reaching 334 billion cubic meters, added the CEO of OPEN OIL MARKET.
"The increase in revenue from the gas sector has become one of the reasons for the growth in oil and gas ...
Where Irkutsk Oil Company (INK) Invests?
... in Eastern Siberia, increasing production and expanding its resource base.
Construction of a Gas Processing Complex: The company is investing in the creation of a gas processing complex, which will allow for the efficient use of associated petroleum gas and the production of high-value-added products.
Transportation Infrastructure: INK is developing transportation routes for the delivery of its products, including the construction of pipelines and modernization of existing transportation facilities.
Environmental Projects: The company pays attention to environmental safety by investing in projects aimed at reducing emissions and waste management.
Impact on Russia:
INK's investments ...