By Athanasios Pitatzis First Greek Pulication: 25/01/2018 and republish of the English Version on 14/04/2018 by Foreign Affairs the Hellenic Edition, https://www.foreignaffairs.gr/ Link for the photo profile of this article: http://seanews.co.uk/supporting-innovation-in-lng-carriers/ In recent years, and especially after 2014, the Global Liquefied Natural Gas (LNG) market has evolved and transformed into a “global”…
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By Athanasios Pitatzis According to BP’s latest report Statistical Review of World June 2017 on global energy issues, Iran has on its territory the world’s largest recoverable natural gas reserves which are 33.5 trillion cubic meters of natural gas. Iran’s geopolitical and economic problem is that it relies upon its…
By Athanasios Pitatzis Brexit probably would have several effects in the energy sector of Great Britain, but not irreversible. As far the European energy security, we believe that despite Brexit the cooperation between the United Kingdom (UK) and the European Union (EU) would deepen, because of the interdependence. Also, we…
By Athanasios Pitatzis Statoil is one of biggest National Oil Company (NOCs) (despite the fact that is listed on the largest exchange stock markets of the world, 67 % Norwegian state ownership) in the world, but its global business operations are comparable and in some cases even better than those…
By Athanasios Pitatzis This article it was republished by OilVoice on 22th of August of 2016, http://www.oilvoice.com/n/Monetization-options-for-emerging-and-future-gas-producers-LNGC-/c55032a786b0.aspx The recent years many emerging gas producers are examining their options regarding the most beneficial monetization options or a combination of them for their vast gas reserves. Some emerging gas producers are Cyprus and…
By Athanasios Pitatzis This article was first published in the Summer Edition of International Petroleum Student Magazine YoungPetro, http://issuu.com/youngpetroart/docs/nr-18-summer-6.07.16-internet-stron/1?e=6136758/37462422 (Pages 17-23) According to Exxon Mobil Outlook for Energy 2016 report, global demand for natural gas is seen rising by 50 percent from 2014 to 2040, faster than most other fuels and…
By Athanasios Pitatzis The European Union has set a goal to become a fully integrated energy market in the upcoming years. For that reason, European Commission has launched a new program which it’s called European Energy Union. The main characteristics of the Energy Union according to the European Commission are:…
By Athanasios Pitatzis Recent surveys carried out offshore of the country have reported the presence of good oil and gas reserves, which could attract foreign investments. The volatility of global prices and the future global energy mix, in which alternative energy sources will play a significant role, however, threaten the…
By Athanasios Pitatzis It was first on OilVoice at 9th of June 2016, http://www.oilvoice.com/n/Global-Future-Energy-Mix-Fossil-Fuels-VS-Alternative-Sources-of-Energy/6518c1922c06.aspx U.S Energy Information Administration (EIA) Estimations In the report International Energy Outlook 2016 U.S Energy Information Administration (EIA) predicts that the main factors that can affect the future global energy mix are: Economic growth in key economies (China,…
By Athanasios Pitatzis It was first on OilVoice at 23th of May 2016, http://www.oilvoice.com/n/Porters-Five-Forces-Model-for-the-Oil-Gas-Industry/c56bd619b3de.aspx Porter’s Five Forces framework is one useful strategic tool to evaluate potential opportunities and threats/risks for the oil and gas industry. The five key factors of this model are: Competitive rivalry Threat of New Entrants Threat of Substitutes…