oil01By Dr. Ajay Kumar (PhD)
(Chairman & Managing Director, Fox Petroleum Group of Companies)

Copyright: @ 2022 Research Institute for European and American Studies (www.rieas.gr) Publication date: 1 May 2022

Note: The article reflects the opinion of the author and not necessarily the views of the Research Institute for European and American Studies (RIEAS)

In every truth, the beneficiaries of a war will be United States of America. The war in Ukraine will have the greatest economic impact on Europe, where some 5 million refugees have already fled the fighting in the largest exodus the continent has seen since the Second World War. But Russia’s invasion is reverberating around the world, as shown by the IMF’s latest.

I think most of soaring US gas production to be sold abroad as LNG. By 2050, approximately 25 percent more natural gas will be produced than consumed in the United States, according to government projections. However, more than 35 percent of gross additions will be exported – mostly as LNG – while the share of gas in the domestic power gen mix stays constant, at about one-third from 2021 to 2050. ...Read more

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