On Tuesday, March 7, 2023, concurrent with CERAWeek in Houston, the leadership of several prominent energy trade associations and think-tanks convened a half-day meeting with senior G7 energy delegates dubbed The Joint Energy Security Forum. Ahead of the deliberations that will lead to and be a part of the G7 leadership meeting on May 19-21, 2023 in Hiroshima, Japan, the Forum discussed the importance of natural gas in meeting global energy security and climate-related goals, especially in the context of Russia’s maligned use of its natural resources.
EPRINC Trustee, OIES Research Associate, CEBRI International Board Member Ivan R. Sandrea Silva and EPRINC President Lucian Pugliaresi have authored a paper entitled “The Low Carbon Energy Transition: A window of opportunity for a new phase of economic development in Africa and Latin America?” This paper is directly related to a presentation given by Ivan at the CEBRI online conference called “Sustainability and the New Energy Economy in a Multipolar World.” A pull quote from the paper is below:
“In the African and Latin American regions, climate change concerns and the energy transition have received a lot of negative and positive attention and is building significant support especially among the growing youth. But the energy transition is also causing recurring dislocations for both global and regional leaders, the industry, investors, and policymakers. The environment itself is also being affected, and ironically, the level of confidence for the net zero path is dropping as rising energy prices hit the region’s economies. This is because the energy transition “movement’ in the Western world is occurring in a very disorganized and uncoordinated manner, and that is where we see both a major problem unfolding and an opportunity for the leading economies and leaders.”
China has emerged as a key player in the global natural gas market in the past decade, surpassing Japan as the top natural gas importer and the largest LNG importer in 2018 and 2021, respectively. China’s role in determining Asian natural gas trends—especially, gas pricing and LNG trade—is increasingly important as the country looks to replace greater volumes of coal with natural gas to implement its programs to reduce local air pollution. As part of EPRINC’s China Series, this publication evaluates market and policy trends in China and projects the country’s natural gas and LNG demand through 2030.
EPRINC’s Max Pyziur was quoted extensively in the Miami Herald’s article “What Does Biden’s Ban on Russian Oil Imports Mean for People in the U.S.? What to Know“. The article was published on March 8, 2022.
A quote from the article:
“We are in a situation of war. This isn’t just an isolated event in Eastern Europe. This is something that affects the world,” Pyziur said. “It’s going to impact living standards. It’s going to impact national security, it’s going to impact food security, it’s going to impact energy security – all these things.”