In the June 2023 issue of LNG Industry, Maximilian Rockall, Michelle Glassman Bock, and Christopher Bloch, Squire Patton Boggs, provide a year-in-review for 2022, and look at what lies ahead in 2023 for LNG. This special report lists the references for this article.
- ‘Statement by Commission President von der Leyen following the announcement by Gazprom on the disruption of gas deliveries to certain EU Member States’, European Commission, (27 April 2022), https://ec.europa.eu/commission/presscorner/detail/en/statement_22_2682
- ‘Gas payment issues in Europe: what are the next steps’, Global Arbitration Review, (11 May 2022), www.squirepattonboggs.com/-/media/files/insights/publications/2022/05/gas-payment-issues-in-europe/gas_payment_issues_in_europe.pdf
- ‘Russian banks gas flows to Europe through key Yamal pipeline’, Bloomberg, (12 May 2022), www.bloomberg.com/news/articles/2022-05-12/russia-bans-gas-flows-to-europe-through-key-yamal-pipeline
- ‘Ukraine to halt key Russian gas transit to Europe, blames Moscow’, Reuters, (11 May 2022), www.reuters.com/business/energy/ukraine-gas-system-operator-declares-force-majeure-sokhranivka-entry-point-2022-05-10/
- ‘Russian gas to Europe falls short as heatwave drives demand’, Reuters, (17 June 2022), www.reuters.com/business/energy/russian-gas-flows-europe-dip-further-slow-storage-buildup-2022-06-17/
- ‘Scholz blames Russia for Nord Stream gas turbine debacle’, Bloomberg, (03 August 2022), www.bloomberg.com/news/articles/2022-08-03/germany-s-scholz-lays-blame-on-russia-for-gas-turbine-fiasco
- Meaning ‘Title Transfer Facility’, a virtual trading point for natural gas based in the Netherlands.
- ‘Infographic – A market mechanism to limit excessive gas price spikes’, European Council, Council of the European Union, www.consilium.europa.eu/en/infographics/a-market-mechanism-to-limit-excessive-gas-price-spikes/
- See, ‘Shell intends to exit equity partnerships held with Gazprom entities’, Shell, (28 February 2022), www.shell.com/media/news-and-media-releases/2022/shell-intends-to-exit-equity-partnerships-held-with-gazprom-entities.html Announces Shell’s intention to exit from its stake in the Sakhalin II LNG facility.
- See, ‘Major Japanese banks to halt dollar transactions with Russia’s Sberbank’, Kyodo News, (26 March 2022), https://english.kyodonews.net/news/2022/03/33c234798936-major-japan-banks-to-halt-dollar-transactions-with-russias-sberbank.html
- ‘Asian gas buyers puzzle over Putin’s demand for payment in roubles’, Reuters, (24 March 2022), www.reuters.com/business/energy/asian-gas-buyers-puzzle-over-putins-demand-payment-roubles-2022-03-24/
- Meaning the seller provides the shipping.
- ‘Shell idles LNG ships owned by Russia to avoid sanctions risk’, Bloomberg, (07 April 2022), www.bloomberg.com/news/articles/2022-04-07/shell-idles-lng-ships-owned-by-russia-to-avoid-sanction-risk
- ‘Russia allows gas flows to Gazprom Marketing & Trading for 90 days’, The Business Times, (26 May 2022), www.businesstimes.com.sg/companies-markets/energy-commodities/russia-allows-gas-flows-gazprom-marketing-trading-90-days
- ‘The Asian LNG Market: Ongoing Impact of the Russia-Ukraine Conflict’, Squire Patton Boggs, (June 2022), www.squirepattonboggs.com/-/media/files/insights/publications/2022/06/the-asia-lng-market-ongoing-impact-of-the-russia-ukraine-conflict/the-asia-lng-market-ongoing-impact-of-the-russia-ukraine-conflict.pdf
- ROCKALL, M. G., ‘To Arbitrate, or Not To Arbitrate, That Is the Question’, Squire Patton Boggs, (March 2022), www.squirepattonboggs.com/en/insights/publications/2022/03/to-arbitrate-or-not-to-arbitrate-that-is-the-question
- ‘Freeport LNG may extend Texas plant restart to February – sources’, Reuters, (12 January 2023), www.reuters.com/business/energy/freeport-lng-may-extend-texas-plant-restart-february-sources-2023-01-11/
- ‘Fire-damaged Freeport LNG gets U.S. approval for partial restart’, Reuters, (21 February 2023), www.reuters.com/business/energy/fire-damaged-freeport-lng-receives-approval-partial-restart-2023-02-21/
- ‘Freeport LNG cancels some March cargoes on restart hiccups’, Reuters, (22 March 2023), www.reuters.com/article/idUSL8N35U3MX
- ‘Securing Australian domestic gas supply’, Australian Government, Department of Industry, Science and Resources, www.industry.gov.au/mining-oil-and-gas/oil-and-gas/securing-australian-domestic-gas-supply
- Vessels used to store and regasify LNG back into natural gas to provide to a receiving terminal.
- ‘Europe will add 50 bcm of LNG import capacity by end-2023’, Energy Intelligence, (01 November 2022), www.energyintel.com/00000184-2f21-d8b5-ab9f-af2d9dfd0000
- ‘Update on European Measures for Natural Gas Security’, Squire Patton Boggs, (March 2023), www.squirepattonboggs.com/en/insights/publications/2023/03/update-on-european-measures-for-natural-gas-security
- ‘Naftogaz initiates new arbitration proceedings against Gazprom’, Naftogaz, (09 September 2022), www.naftogaz.com/en/news/new-arbitration-proceeding-against-gazprom
- ‘Uniper initiates arbitration proceedings against Gazprom and further ringfences Russian business unit’, Uniper, (20 November 2022), www.uniper.energy/news/uniper-initiates-arbitration-proceedings-against-gazprom-and-further-ringfences-russian-business-unit
- ‘RWE initiates arbitration proceedings against Gazprom’, Reuters, (05 December 2022), www.reuters.com/business/energy/rwe-initiates-arbitration-proceedings-against-gazprom-handelsblatt-2022-12-05/
- ‘CEZ seeks damages from Gazprom citing lower than contracted gas deliveries’, Reuters, (09 February 2023), www.reuters.com/article/cez-gazprom-idINL1N34P0CG
- ‘Engie launches arbitration action against Gazprom over lack of gas deliveries’, Upstream, (22 February 2023), www.upstreamonline.com/politics/engie-launches-arbitration-action-against-gazprom-over-lack-of-gas-deliveries/2-1-1407427
- Typical provisions in long-term SPAs allowing for a reduction or increase (as the case may be) in quantity purchased within agreed limits.