Energy
The Qatari energy corporation Qatargas recently signed a deal with Argentina to provide 16 percent of the Latin American country’s natural gas needs for 20 years. In an email interview, Giacomo Luciani, Princeton global scholar and scientific director of the international energy program at the Paris School of International Affairs, discussed Qatar’s natural gas industry. WPR: What is the extent of the global liquefied natural gas (LNG) market, and what is Qatar’s share, including its major LNG trade partners? Giacomo Luciani: The global LNG trade has been rapidly expanding and can be expected to continue to do so. According to [...]
The Nord Stream natural gas pipeline has the potential to deliver much of northern Europe’s natural gas requirements from a reliable source in Siberia to the German coast. It is one of Russian energy giant Gazprom’s best-planned and most-ambitious projects, involving a consortium of construction firms around the Baltic region and investors from Europe’s major energy firms. Yet when the first of the project’s two planned pipelines through the Baltic Sea was completed in May, it became apparent that Nord Stream’s cost was much higher than originally projected. Though the impact will be felt by all of the project’s European [...]