March 2014

LEAD STORY

South Korea is one of the world’s largest energy consumers.  It is also highly dependent on external supplies of energy sources, with more than 95 percent of its energy requirements imported.

Also in this issue

Sino-Russian energy cooperation during the last two decades has witnessed many ups and downs. The preparation process that started during the 1990s to build the groundwork for bilateral energy cooperation continued until the first half of the 2000s, but Sino-Russian oil and gas cooperation during this period produced very few concrete results.

The rapid growth in American natural gas production offers a variety of opportunities, including the chance for America to become a natural gas exporting nation.

Recent global shifts in supply and demand-side economics as well as governmental energy policies focused on reduction in greenhouse gas emissions have resulted in an increased focus on using natural gas as an energy source throughout the world. 

As the LNG industry continues to grow, liquefaction plants are being considered in a wider range of climates, including Arctic environments.