article thumbnail

EIA: As of 2021, China imports more LNG than any other country

Green Car Congress

Source: Graph by the US Energy Information Administration, based on data from Japan’s Ministry of Finance, China’s General Administration of Customs, South Korea’s Customs Institute, India’s Directorate General of Commercial Intelligence and Statistics, and Taiwan’s Ministry of Finance via Global Trade Tracker. Bcf/d in 2021.

China 273
article thumbnail

Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer. percent to $38.1

Oil 150
article thumbnail

Summary of decisions from Durban climate conference

Green Car Congress

as possible, but not later than 2015. will be led by the climate science in the IPCC’s Fifth Assessment Report and the global Review from 2013-2015. The next major UNFCCC Climate Change Conference, COP 18/CMP 8, will take place 26 November to 7 December 2012 in Qatar, in close cooperation with the Republic of Korea.

Climate 294
article thumbnail

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output.

article thumbnail

GE and Clean Energy Fuels Partner to expand LNG refueling infrastructure in US for trucks; new MicroLNG plants

Green Car Congress

Further underscoring GE’s commitment to expanding natural gas transportation infrastructure, GE Energy Financial Services is providing up to $200 million in financing for the two GE MicroLNG plants. The two GE MicroLNG plants are targeted to begin operation in 2015.

Clean 286
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 in 2015 and 2016 respectively). in 2015 and 2016 respectively). percent of GDP in 2014.

Russia 150
article thumbnail

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In December 2014, the Saudi government approved spending $229 billion in 2015, resulting in an estimated deficit of $39 billion, or some 5 percent of GDP. As mid-year 2015 approached, the IMF estimated the budget deficit would equal approximately 20 percent of Saudi GDP. percent in 2015, and then just 2.7 percent in 2014 to 3.3