{"id":67790,"date":"2024-05-01T13:56:03","date_gmt":"2024-05-01T18:56:03","guid":{"rendered":"https:\/\/olduvai.ca\/?p=67790"},"modified":"2024-05-01T13:56:03","modified_gmt":"2024-05-01T18:56:03","slug":"the-four-key-reasons-why-the-u-s-will-never-stop-targeting-russias-lng-sector","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=67790","title":{"rendered":"The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia\u2019s LNG Sector"},"content":{"rendered":"

The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia\u2019s LNG Sector<\/a><\/h3>\n
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  • LNG has become the most important swing energy source in an increasingly insecure world.<\/strong><\/li>\n
  • Energy exports remain the foundation stone of Russia\u2019s essentially petro-economy.<\/strong><\/li>\n
  • Russia’s LNG industry is closely associated in Russia with President Vladimir Putin personally.<\/strong><\/li>\n<\/ul>\n<\/div>\n
    \"Arctic<\/picture><\/div>\n
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    Perhaps even more than its targeting of Russian oil exports, the U.S. has been laser-focused on its liquefied natural gas (LNG) sector as they key area it wants to effectively destroy over the long term. Last week\u2019s suspension of Russia\u2019s flagship Arctic LNG-2 project by lead operator Novatek is the latest of Washington\u2019s trophies in this regard, but it is very unlikely to be the last. As U.S. Assistant Secretary of State for Energy Resources Geoffrey Pyatt said on 24 April: \u201c[Novatek] has recently had to suspend production at its Arctic LNG-2 liquefaction facility, in part because of sanctions that the Biden administration has led.\u201d He added: \u201cWe\u2019re going to keep tightening the screws [\u2026]\u00a0 We\u2019re going to continue to designate a broad range of entities involved in development of other key energy projects, future energy projects as well, and associated infrastructure including the Vostok Oil Project, the Ust Luga LNG Terminal, and the Yakutia Gas Project.\u201d So, why is the U.S. so concerned about Russia\u2019s LNG sector?<\/p>\n

    The first of four key reasons is that LNG has become the most important swing energy source in an increasingly insecure world. Unlike oil or gas that is transported through pipelines, LNG does not require years and vast expenses to build out a complex infrastructure before it is ready to transport anywhere. Once gas has been converted to LNG, it can be shipped and moved anywhere within a matter of days and bought reliably either through short- or long-term contracts or immediately in the spot market…<\/p>\n

    …click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia\u2019s LNG Sector LNG has become the most important swing energy source in an increasingly insecure world. Energy exports remain the foundation stone of Russia\u2019s essentially petro-economy. Russia’s LNG industry is closely associated in Russia with President Vladimir Putin personally. Perhaps even more than […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,5],"tags":[1714,1190,5332,694,26228,827,834],"class_list":["post-67790","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-geopolitics","tag-liquified-natural-gas","tag-lng","tag-oilprice-com","tag-russia","tag-simon-watkins","tag-united-states","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/67790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67790"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/67790\/revisions"}],"predecessor-version":[{"id":67791,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/67790\/revisions\/67791"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}