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Gas and LNG come out from oil’s shadow, part 3: LNG and a global market
The third part of our fourth chapter on the history of oil takes the story of gas to the present day with the rise of LNG and the creation of a truly global market
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Gas is difficult to move compared with oil, requiring additional infrastructure. The second part of our history of gas examines how expanding pipeline networks made it possible to monetise the fuel
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Letter from London: ‘Gas OPEC’ may be just a matter of time
While calls for a gas equivalent of the oil alliance seem to do the rounds every few years, the arguments for such a group are stronger than ever
Iran Turkey Greece Gas
James Gavin
12 July 2018
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Iran wants Caspian 'release valve' opened

Sanctions-hit Iran and its neighbours are seeking to resolve boundary uncertainties to unlock further oil and gas reserves in the Caspian Sea

Representatives from the five Caspian states are due to meet in Kazakhstan in August to sign a convention on the legal status of the sea. It's a chance for Iran, Russia, Azerbaijan, Turkmenistan and Kazakhstan to agree the demarcation of oil blocks in a region that's becoming increasingly attractive for the sector as a counterweight to the politically risky Middle East. US president Donald Trump's 8 May decision to re-impose nuclear sanctions on Iran and withdraw from the Joint Comprehensive Plan of Action (JCPOA) has focused minds at oil companies on the risks of doing business with Tehran. These could potentially cover Azerbaijan's Shah Deniz development, given Iran's national oil company

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Gas and LNG come out from oil’s shadow, part 3: LNG and a global market
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16 September 2024
The third part of our fourth chapter on the history of oil takes the story of gas to the present day with the rise of LNG and the creation of a truly global market

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