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A rising China is reshaping global energy markets
As its energy footprint grows, China is intent on maintaining a diversified supply, even with Russian flows increasing.
10 November 2023
As its energy footprint grows, China is intent on maintaining a diversified supply, even with Russian flows increasing.
Dr Carole Nakhle Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its
Technical and, above all, political obstacles block Cyprus’s way to becoming a natural gas producer and exporter. Some Mediterranean neighbours, including Turkey, complicate the problem.
The country’s hopes for becoming a regional gas production powerhouse and LNG export hub are thwarted by question marks over its social and political stability.
To sustain its leading position in the global LNG market, Australia must diversify its export partners and invest in exploration, production and infrastructure.