48 members / 635 guests (24 hours)


Our fund raising round was not successful.  As a result, IDB will be going off line and into cold storage.  If our competitors should stumble, I may re-active the site in the future but for now, we're turning out the lights.

I had planned to go off-line on April 4th.  Due to some important and unplanned changes in our maintenance schedule, I am now bumping that up to next Tuesday morning, March 27th, 2018.  PM 'admin' if you need to reach me. 

You should use the next 5 days to find a new home for your community.

Running IDB has been fun over the years and I hope you enjoyed your time here as well.  Sincerely,  Paul

P.S. News on IDB Funding -- this is now on it's own page to clean up the site a bit.

Russia to challenge US LNG with 7-fold boost in production

Russia to challenge US LNG with 7-fold boost in production

Russia plans to take on the US, Australia and other major suppliers in the race to dominate liquefied natural gas production.

The nation has enough planned LNG projects to challenge the world’s top producers as it boosts annual output sevenfold by 2035, Energy Minister Alexander Novak said by email. And that doesn’t even include projects still under consideration, he said.
Novak’s forecast for Russia’s LNG capacity more than doubles an estimate published last month by Paris-based research group Cedigaz. Russia, the world’s largest gas exporter, has offered tax discounts to producers in its Arctic regions as it seeks to increase its influence in LNG, which last year accounted for almost a third of global exports.

The tax breaks “will allow LNG produced in the Far East and at Yamal to compete with foreign fuel even taking into account transportation costs from the Arctic,” Novak said.