Monday, October 31, 2005

Is Russia the Next Middle East for US Energy Supply?

A quiet deal between the U.S. and Russia could change the landscape and the entire power structure in the energy markets.

Liquefied natural gas (LNG) from Russia, could be on its way to the U.S. by 2008. According to the Moscow Times, the controversial Sakhalin field could be fully operational by then, making the Murmansk port a key cog in the Russian LNG industry. (Read More)