Monday, 16 May, 2022
TopicNatural Gas

Topic: Natural Gas

Poland, Bulgaria can withstand Russia’s latest economic blow to cut off gas. Here’s why

Poland and Bulgaria are no longer obedient vassals of Russia. And while they will pay an economic price, wealthy countries around them can help.

How Vladimir Putin’s war ended India’s cheap natural gas dream

India’s domestic gas production is already tiny & it has shrunk by 40% over past nine years. Keeping that base narrow with unsustainable pricing wasn’t a financially prudent move.

Oil rises after Russia cuts gas supplies to Poland, Bulgaria, escalates EU’s energy crisis

The global benchmark’s prompt timespread was 42 cents in backwardation compared with as high as $4.64 in early March just after the Russian invasion of Ukraine.

Russia says it cut natural gas flows to Poland & Bulgaria as they failed to pay in Ruble

European gas prices surged more than 20% on the move and the euro fell to its lowest against the dollar since April 2017.

Russia threatens to cut natural gas flows to Europe via Nord Stream 1 in response to sanctions

In a televised speech Monday, Russia’s Deputy PM Alexander Novak said Moscow has the right to take actions that 'mirror' the penalties imposed on the country's economy.

Coal supply will improve but it’s time India transitions to options like natural gas for power

As the monsoon recedes, the supply of coal is likely to improve. Better planning and improvement in supply will help improve logistics in future.

The era of cheap natural gas ends as prices surge by 1,000%

Surging natural gas prices means it will be costlier to power factories or produce petrochemicals, rattling every corner of the global economy and fuelling inflation fears.

How Putin uses natural gas to exert Russian influence and punish his enemies

Natural gas has been the bedrock of Putin’s power both domestically and internationally.

India’s natural gas use has returned to pre-Covid levels

The rebound comes as Prime Minister Narendra Modi seeks to double gas’s share to 15% of the country’s energy mix by 2030.

Natural gas set to be the next major commodity to trade below zero

While the oil market has a broad, if fragile, alliance of producers to rescue prices, the gas market lacks a coordinated approach, leaving oversupply unchecked.

On Camera

YourTurn

Pakistan Prime Minister-elect Shehbaz Sharif on 7 April | Photographer: Aamir Qureshi/AFP/Getty Images via Bloomberg

The four-point plan to revive Pakistan’s economy—from land reform to real estate

Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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