In the mid-nineties, the UK transformed its gas market unleashing…

2011 I was briefly involved in a project called AGRI - the Azerbaijan,…

So we have lived through the last OPEC meeting in Vienna holding…

Something is exciting up in the north. It's big, it’s cool,…

I am feeling a little like in a warp bubble - don't you? Browsing…

It's incredible how some old, bad ideas linger on in human minds…

In September 1815, 3 leading powers of 19th-century Europe signed…

It is hard to ignore Russia in today’s newscast and even those…

No cash - no business. That’s stone old wisdom. Any LNG venture…

America rapidly transforms from the energy problem child to become the new el Dorado. The economy is pimped by all the investment going the other side of the Atlantic. The population is blessed with much cheaper fuel and lets not forget - the environment does better than any time after World War 2. Why cant we have that in Europe?

Its hard to get LNG if you need it - its even downright impossible if you are competing in a pipeline gas driven market. Much of the blame lies with the buyers as I have pointed out in many posts. But the sellers attitudes are not helpful.

Scientific chaos is not the same as your ordinary chaos. It simply means that it is impossible to predict exactly what will happen in all but the very simplest systems, even if every detail of its past and current conditions is known.

We cannot easily say that we did not try (in homeopathic doses) to wean ourselves off our addiction to imported hydrocarbons but who wants to take a reduction in lifestyle, even if that meant financing (directly or indirectly) some people that may wish to harm us. In simple words, we gave some of those who might want to kill us money - to increase their ability to do so. Plus our presence on their lands further stoked their ire. Not really smart but a reality we seemed had to live with so far. No more. The unconventional gas revolution has already done more for US national security than all nation building programs combined.

While the world was having a beauty sleep an earth moving event sent ripples through the Barents Sea - and made the infantile dreams of the classical energy monopolist in Europe (trust me - they are still an abundant species but they have learned to don the market gloves) a little less sweaty.

It's a thorny question. And not one with a clear-cut answer possible.…

Many would be buyers are not very nimble when it comes to secure volumes of LNG. No surprise here, as many are behaving like the BORG from Star Trek. We are the BORG - resistance is futile. But is that really a recipe for success?

Nuke and LNG could not be more different. Nuclear power is the king of cheap baseload. Once built - it makes little sense to switch a nuclear power plant off just because of changes in the demand picture. LNG is the king of flexibility. It can be switched on and off very rapidly. And as said, as a liquid it stays nicely in a vehicles tank waiting to be regasified on demand and combusted in order to produce forward motion (or any other thing you do with internal combustion engines).

Does anyone still remember the US LNG import adventure? Seems to be a long way off. Today, everyone talks about the US becoming a huge LNG exporter. Asia of course looks like a big nice ice cream on a hot summer day to a distressed LNG terminal operator. But there is also big competition on this premium LNG buying region.

Insanity is doing the same thing over and over again and expecting different results. We all know the quote from Einstein. But that's what happens in LNG all the time. Here is an alternative proposal.