Though Norway in June overtook Russia in total exports of natural gas to Europe, the balance of Russian gas to Europe comes through Ukraine, which itself is dependent upon Russia for 60% of its current gas consumption.
While Ukraine controls the transit of 90% of its gas to Europe, Russia is consistently trying to use its gas
In the US shale natural gas is now dominating pricing and supply. In Europe the king had been Russia natural gas. Norway overtook Russia as the main supplier of the European Union’s natural gas in 2012 as stated by the chief economist for the British Petroleum Group chief said in unveiling a new energy report in Brussels. Christof Rühl, who is also a BP vice
Japan’s March 2011 Fukushima nuclear accident dealt a tremendous blow to nuclear facilities, both planned and operating, around the globe. It also ignited fresh interest in natural gas and added to the pressure on countries to replace coal power plants to reduce greenhouse gas emissions.
For the past few years, Liberty Natural Gas has been trying to construct an offshore port for the delivery of liquefied natural gas (LNG). The port would be located about 15 miles off the coast of Asbury Park, NJ, and a gas pipeline would be constructed along the sea floor that would deliver an estimated 1.2 cubic feet per day to the region’s hungry energy market. However,