Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Sunday, 27 May 03:29 (GMT -05:00)



Business And Politics News

Russia Loses Ground in Energy Market


Washington is planning to increase the export of natural gas to Europe, which is expected to diminish Russia’s role as a major natural gas exporter to the European region. Experts say, that the policy aimed at expansion is now aimed at retaining the existing position in the European energy market.
 

 

 

 

For those of you who don’t know, Donald Trump signed a decree aimed at making America an energy superpower. As a part of this announcement, it was decided to expand the export of natural gas to Europe, which is also expected to reduce Europe’s dependency on Russian natural gas. At the same time, the U.S. government may cause extra troubles to Gazprom by means of sanctions.
 
At this point, there are several threats to the Russian influence over the global energy market. Experts say that Trump’s decision to increase the shipment of liquefied natural gas to Europe is designed exert extra pressure on Russia. So, this decision seems to correspond to Trump’s pre-election rhetoric, experts say. However, this rhetoric has little in common with commerce. It seems that Trump’s administration doesn’t have real control over the infrastructure deliver the promised LNG to Europe.
 
In reality. Most capacities are already in use, and neither President Trump, nor the U.S. Congress can do anything about it directly. The only thing that can actually make such big-scale aggregators as Shell deliver American LNG to Europe is higher NG prices, which is something Europe is not interested in for obvious reasons.
 
On the other hand, American sanctions can really undermine Gazprom’s position in the global market. The new sanctions against Russia recently approved by the U.S. Congress put any NG pipeline in jeopardy. The companies participating in the construction of Russian pipelines may be heavily fined. If to take into account the true scale of energy projects, delivering services and equipment to the amount of just 5 million dollars a year is literally nothing, which is why those limitations jeopardize any potential supplier participating in North Stream or Turkish Stream. That said the external conditions in the global energy market for Russia have become unfavorable.
 

 

The Ukrainian crisis started in 2014 and the Western sanctions against Russia clearly haven’t helped Russian sellers of energy carriers. Still, many European companies keep on working with Gazprom. However, the social opinion is clearly against cooperating with Russia. European governments have been trying to reduce their dependency on Russian energy carriers, which only makes green energy more popular.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Donald Trump Is Not going to Meet with Kim Jong Un

U.S. President Donald Trump is reported to have been canceled his meeting with North Korean leader Kim Jong Un. This is confirmed by the corresponding official press release published in the White House’s official account.

Publication date: 24 May 11:49 AM

How to become a European bank co-owner?

Do you want to get absolutely legitimate access to the EU’s banking system by becoming a co-owner of a European bank to have personal and corporate accounts in your own financial institution? It’s like having a VIP card by VISA or MasterCard with huge discounts worldwide…

Publication date: 10 April 08:06 AM

Goldman Sachs Analysts Have Found Global Economic Slowdown

At the point, most representatives of the international expert community are pretty sure that the global economy has been growing confidently for some time. However, Goldman Sachs analysts claim that the global economy is starting to slow down.

 

In February 2018, 7 out of 10 base components of Goldman Sachs' Global Leading Indicator (GLI) dropped a bit. The bullish momentum started weakening and slowed down from 0,249% down to 0,234%. These are the weakest figures since March 2016.

Publication date: 30 March 01:25 AM

U.S. Fed Denies 4 Interest Rate Hikes This Year?

According to Finanz, the accelerated economic growth in the United States may force the federal Reserve to change their mind about raising interest rates 4 times this year.
 
Publication date: 29 March 11:19 AM

Putin Challenges USA

Vladimir Putin has recently presented new Russian weapons. Western experts have been busy discussing them ever since. According to several observers, this move literally means that Putin has challenged Washington.

Publication date: 29 March 10:06 AM

Chinese Renminbi’s Global Currency Status Will Open Chinese Economy to the World

The Chinese government is planning to turn the Chinese Yuan into a global reserve currency in order to make the national economy more open to the rest of the world.  This was confirmed by the People’s Bank of China.

Publication date: 28 March 09:16 AM

Will the USA Impose New Sanctions on Russia in Advance of the Russian Presidential Election 2018?

Not so long ago, United States Secretary of the Treasury Steven Mnuchin promised to announce a new round of the sanctions against Russia within the next 30 days. The question is whether the United States will manage to root against Putin once again before March 18th?

Publication date: 09 March 12:41 AM

Any Brexit Scenario Will Damage the British Economy

In practice, there can be multiple Brexit scenarios, i.e. the scenarios of how the United Kingdom will exit the European Union. Experts say that almost any scenario will damage the British economy to some extent. Moreover, there will be some economic damage to both the UK, the USA, and the EU.

Publication date: 25 December 02:48 AM

The Era of Cheap Money from Central Banks is Over

According to two major investment banks – Citigroup and JPMorgan, the days of cheap money and low interest rates are nearly gone after almost 10 years since the last global crisis. They warn us that major central banks around the globe (including the ECB, for example) are going to start toughening their monetary policies in 2018 at the fastest pace in 12 years.

Publication date: 25 December 02:05 AM

Will Bitcoin Mining Leave the World without Electricity?

It seems like people have been obsessed with cryptocurrencies. While loading up on them like crazy, they seem to have forgotten that everything has a price. When it comes to mining cryptocurrencies, this is all about the growing deficit of electricity. The thing is that all those mining farms consume tons of energy. Maintaining that cryptocurrency infrastructure is rather energy-consuming as well since all of that requires really powerful and capacious hardware, which consumes big amounts of electricity.

Publication date: 04 December 01:04 AM