Thierry Bros joins Lucie Roux, senior European gas specialist at S&P Global Platts, to discuss the challenges ahead for an import-dependent UK gas market facing potential export tariffs imposed on EU gas flowing to the UK, and the need for domestic LNG and storage infrastructure investments to ensure security of gas supply. Brexit is also likely to have an impact on the British NBP-Dutch TTF hubs spread. Podcast
This podcast by James Henderson gives an overview of his forthcoming paper, carried out as a joint piece of research by OIES and ERI RAS (the Energy Research Institute of the Russian Academy of Sciences) assesses the prospects for Russian oil production to 2020 and beyond, and suggests that the history of steady growth seen over the past decade is set to continue. Brownfield decline is being actively managed, a portfolio of greenfields has and is being developed which can more than compensate for the decline in mature assets and in the longer-term regions such as the offshore, East Siberia and tight oil offer significant upside. The recent agreement to cut overall production in H1 2016 will create a short-term brake on growth, but the average for 2017 should still be almost 2% higher than for 2016. Meanwhile, sanctions are continuing to affect the use of technology for some of Russia’s harder to develop reserves. Nevertheless, our analysis on both a corporate and regional level suggests that, barring another collapse in the oil price or a further tightening of sanctions, the outlook for Russian oil production over the next few years remains positive.
Interview with Thierry Bros via Dukoscopy TV on Brexit’s impact on UK natural gas markets
B Fattouh on Saudi oil consumption: High growth rates of consumption & crude burn seen in past decades are behind us https://t.co/UhB2IpQSpt
0IES' @thierry_bros to speak at the Africa Energy Forum #AEF17 on 7 June in Copenhagen https://t.co/YvSXBH3Sn6
Tough market conditions for new final investment decision in FLNG. @thierry_bros quoted in @LesEchos https://t.co/vPAGy9qYKW