In 2015, Egypt became a net gas importer. This unfortunate, but not unexpected, situation was the result of a decline in Egypt’s indigenous natural gas production combined with a rapidly rising domestic gas demand driven mainly by large energy price subsidies. Major changes are presently taking place on the gas
Following a continuous decline between 2010 and 2014, natural gas demand in Europe started to rise again in 2015. The trend continued in 2016 and 2017 reaching 548 bcm. Final detailed statistics of gas demand by sector for 2017 will not be available for each of the 31 countries considered
This paper examines Ghana’s petroleum industry, its steady growth, and its initial challenges, such as the maritime border dispute and political interventions. Polarization between the two main political parties in Ghana, the National Democratic Congress (NDC) and the New Patriotic Party (NPP), has had important consequences for the industry. While
The natural gas reserves discovered in Israel in recent years have instigated a debate on sociopolitical, international political, security, and economic issues. Examination and analysis of various policy documents that affected the final consolidation of Israel’s gas policy show that the issue of natural gas discoveries in Israel is complex
Oil 2018 is the IEA’s annual five-year forecast of global oil demand, supply refining, and trade. Global oil demand growth remains healthy driven by developing countries in Asia, even as oil consumption growth slows down in China thanks to new environmental policies designed to curb air pollution. Strong growth in
The revolution of shale gas in the United States (the US) has become a phenomenon at the beginning of the 21st century. It has been significantly influencing the United States’ economy and the global gas market. Like America, other countries have also been searching for shale gas. However, the conditions
This paper aims at better understanding the potential future of shale gas in the light of the evolution of its wellhead production costs. Based on the most recent literature, we focus on cost data in the US to identify the structure of shale gas costs, their evolution and drivers. In
Après des années difficiles pour l’industrie gazière européenne, le gaz revient sur le devant de la scène. Grâce à ses atouts environnementaux, sa flexibilité, sa performance et la diversité de ses usages, le gaz a en effet un rôle majeur à jouer dans la réduction des émissions de gaz à
With energy demand in Africa forecast to grow quickly in the coming decades, the prospects of LNG imports have been talked up by many commentators, with Ghana being thought of as one of the brightest prospects. Ghana first began developing its gas market by importing pipeline gas from Nigeria, along
The prospect that global oil demand will gradually slow and eventually peak has created a cottage industry of executives and commentators trying to predict the point at which demand will peak. This focus seems misplaced. The date at which oil demand will stop growing is highly uncertain and small changes
The Turkish government is in the process of making significant structural changes in the country’s energy sector in attempts to lessen its dependence on current import and transmission infrastructure capacity which is constrained and cannot meet gas demand in peak periods. It intends to diversify supply sources and gas import
Cet ouvrage, au croisement de perspectives historiques et contemporaines, explore la façon dont les économistes (et observateurs du monde économique) ont progressivement intégré, dans leurs représentations et dans leurs outils, les enjeux énergétiques, du milieu du XIX° siècle au début du XX° siècle. Le regard des économistes sur les énergies