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... huge risk, and wind farms and solar power plants do not provide stable electricity generation. Investments in the LNG industry can become a viable alternative for the global economy on the way to the energy transition . Recent increases in natural gas worldwide have somewhat curbed gas demand, leading to a revival of the thermal coal sector in many countries. However, governments and business remain optimistic about gas as an affordable transition fuel for energy in the coming years, as evidenced ...

The looming energy crisis is forcing EU countries to invest in coal energy and urgently look for an alternative to natural gas from Russia. Fearing a shortage of gas due to the geopolitical standoff between the West and Russia, some EU countries decide to continue using coal . This does not please the European Commission, which recommends a completely opposite direction,...

Skywalk Investment Group offers petroleum project financing and project management services to the oil and gas industry worldwide. In recent years, the development of new fields and maintaining the high productivity of existing facilities in the oil and gas sector requires huge investments. Gaining access to large loans and other sources of financing allows ...

Financing the oil and gas sector through project finance mechanisms has a long history and bright prospects, providing companies with easy access to capital. Project finance in oil and gas sector refers to a method of financing a business that relies on using the future ...

... many countries continue to spend billions on fossil fuel subsidies, delaying the shift away from hydrocarbons. A recent study by the International Monetary Fund shows that the value of subsidies related to the extraction and combustion of coal , gas and oil in the world in 2020 was $5.9 trillion. This clearly runs counter to the climate targets set by the EU and many other governments. Fossil fuel subsidies are widespread and it is hard to find a country that does not use them at all. Of the ...

... policy, the federal government signed the first contract for the construction of large LNG terminal and plans to lease or buy three FRSUs in the near future. The German government at the end of March introduced an early warning regime for natural gas supplies and urged consumers to save energy, fearing that Russia could cut off supplies if bills are not paid in rubles. Western countries unanimously rejected Russia's demand to pay gas bills in rubles. Federal Minister for Economic Affairs and Climate ...