Ubiquitous oil
Consumers will still be forced to save energy - predicts Derek Brouwer, author of articles on energy policy …
Feb 18th, 2010 | By admin | Category: News and CommentsConsumers will continue to be forced to save energy, predicts Derek Brouwer, author of articles on energy policy.
works with oil from the Chinese will be more
Compared with the previous two years of ups and downs in 2010 we were finally able to feel some kind of stabilizing world energy markets. For consumers it will be good news. But it is unlikely that a long time - a sign of the uncertainty already present today, and many threats will continue to grow it in 2010.
Year begins promisingly for oil and gas producers, but certainly not for the environment. The inability of countries to conclude an agreement on an effective climate in Copenhagen in late 2009, will play into the hands of companies and countries that trade in hydrocarbons. Negotiations with major polluters such as the United States and China next year will not be stopped, but the effects of recession, which slowed the growth of emissions, reduce the number of relevance and urgency of this issue in the negotiations.
on the agenda for energy suppliers will be other problems. The following year, global demand for oil though slowly, but it will grow. However, this trend does not lead to higher prices are up $ 100 a barrel, even despite the fact that the price still exceeds the mark set by OPEC in the $ 75 per barrel. The costof crude oil will continue to fall, thereby increasing the revenues of producers. However, in the absence of high demand, they still would not invest heavily in the development of new deposits.
OPEC will be in a difficult situation. As the oil prices will rise, some members of the organization will tolerate fraud quotas, exposing more of crude oil on the market and thereby reducing the rising prices. Such actions threaten the growth of demand.
drop value of "black gold" from its peak selected from oil-rich countries, income and power. Russia, Iran, Venezuela and other economy in 2010 will face because of this, a number of problems. Venezuelan President Hugo Chavez will continue to make bellicose statements, but did not improve the investment attractiveness of their country. Russia"s debt-ridden company will turn to China and Western countries for help in the development of oil and gas, especially in the Far East. International companies will be cautious to accept such offers.
China will become a decisive player
Gas prices Gazprom will continue to fall. Due to the demand slowdown in the EU is Russia"s company several times think twice before again exacerbate relations with Ukraine, and Russia"s controversial project to export gas to Europe will be in the center of debate. Some European countries questioned the need for the proposed Gazprom pipeline, given the political progress made in regard to their own plans for pipelines, including the "Nabucco" (which would be held from Turkey to Austria). The EU strategy to increase renewable energy sources, as well as its effective use will begin to bear fruit.
Meanwhile, new discoveries led to a surplus of natural gas in America. This is another reason why prices for natural gas will remain low and many medium-sized energy companies of the country united. U.S. is no longer the largest market for exporters of liquefied natural gas (LNG). Therefore, the world"s buyers will be able to get cheap gas supplies from Qatar and other LNG producers, such as Australia, whose energy sector will be a godsend to Asian consumers.
New Giants
China did become a central player in the international energy arena. State oil companies will start to hunt for new deposits outside the country. To do this, they went looking to Africa and the Middle East. While Western companies hesitated waiting for the results of elections and the adoption of a new oil law in Iraq, Chinese investors shustro enter into contracts for the development of some of the most promising in the world oil reserves. Recent discoveries off the coast of West Africa indicate a vast oil field in the region.
Most promising oil fields in Brazil will be out of reach for Western companies. Local government will transfer management of technically challenging in the development of coastal areas in the hands of state-managed company Petrobras. Fueled by dreams of oil wealth, the Brazilians will go to elections in October under the slogans on the country"s OPEC. But this does not happen.
Regardless of changes in the geopolitics of consumers will manage the energy markets. Furthermore, because of concern about climate change and with the advent of green technology in 2010 can expect to pay more attention to issues of energy conservation.
But record oil prices in 2008 will remain in memory as a warning against the criminal carelessness. However, the promising economic prospects can easily convince consumers to "addictions." If they do not curb their instincts, in 2010 may be a short lull before the next storm of energy.
Swiss court refused to grant the U.S. private client data bank UBSLondon named best city for job search
At NTCU no money to broadcast the Olympics
Expert: Economic growth is no guarantee of social security
Most money spent in the French boutiques Ukrainians
Grinevetsky: Ukraine should seek compensation for financial losses during the Balkan wars
Hollywood summarizes
Named the best-paid musicians in the world
The higher retirement age, the longer lived
