Role of energy players in securing pathways Flashcards
TNCs in energy pathways
Gazprom and Exxonmobil
Nearly half of the top 20 companies are state-owned, very much under government control.
Exploring, extracting, transporting, refining.
OPEC in energy pathways
The Organisation of the Petroleum Exporting Countries
OPEC has 14 member countries*, which between them own about two-thirds of the world’s oil reserves.
Control the amount of oil and gas entering the global market
OPEC has been accused of holding back production in order to drive up oil and gas prices.
Energy Companies in energy pathways
convert primary energy (oil, gas, water, nuclear) into electricity and then distribute it.
influence when it comes to setting consumer prices and tariffs.
Consumers in energy pathways
The most influential consumers are transport, industry and domestic users.
Governments in energy pathways
guardians of national energy security and can influence the sourcing of energy for geopolitical reasons.
What is an energy pathway
An energy pathway is the route taken by any form of energy from its source to its point of consumption.
The routes involve different forms of transport and production companies.
At the supply end of the pathway, there are energy companies and the governments of energy-producing countries and consumers.