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LNG (Liquefied Natural Gas)

Certain aspects of natural gas sales in Russia

In order to develop the market principles of price formation for natural gas, the signed resolution allows Gazprom and its affiliated parties to sell extracted natural gas at non-regulated prices to legal entities for the production of LNG for further export, as of 1 January 2018.

Source: Certain aspects of natural gas sales in Russia

Something that is sneaking up on the world is LNG. I have watched for years and I have little abilities to see what is so important about this process of producing LNG, but it seems to be a source of strife in the world…

The USA is a desirer to sell exceedingly expensive LNG to Europe. Russia is building and investing huge time, data and money into development of LNG processing plants. It seems that there is a future of LNG being shipped around the world and the players are gathering a storm to express the end results…

It has kind of caught everyone in general off guard. The layman says, “What’s LNG?” and or “Who cares?”

I have talked in the past about gas (gaz) taking the spot of king away from oil, but in my mind it is the more liquid/gaseous form (NGLs), not the extreme liquefied form (LNG), that I was thinking about. But it is gas regardless and it is becoming seriously more prominent in the world, literally everyday. It is looking like wars are stirring over “gas” not oil…


The above information is some of my thinkings about the gas/oil situation. I watch, study and contemplate on the subject. It interests me to see the chess and or checker moves being made by the players of the world…

Many countries have entered the LNG market. Many countries want to enter this market and many countries see the future happening in this aspect. Qatar the leader in the world in LNG has been slapped silly lately. Now we know why…

Read this PDF: 103419-World_IGU_Report

100 pages of interesting reading….which gives me the reasons why things are happening in the world to somewhat to the extent of issues being propagated. The thing I have lack of understanding in full context, is why we have to have world chaos over just simple items of what is all of our rights to have. Gas, Oil and many other items is something that has been given to all. Yet we kill like we want it all to ourselves. This is everywhere in the world, not just one specific country doing this…

Qatar is number one LNG producer in the world…. Australia is number two…. Malaysia is number three…. Nigeria is number four…. Indonesia is number five…. Algeria is number six…. Russia is number seven… (So you see the big boys (USA and Russia and Canada and Mexico!) have not entered the LNG market, until recently!)

LNG/NG is the most abundant non renewable fuel other than coal on earth it seems. Oil has lost its crown, but it is not being expressed that way, yet…

LNG is just another part of that Geopolitical puzzle that is threatening the world stability….

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I dread the day that someone actually garners a way to efficiently utilize the suns energy to power the world. That will be the day that the sun will become something we have to pay to enjoy and see…

WtR

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