At The Riga Conference 2014, the annual high-level meeting in its 9th year of local, EU and global security policy-makers and experts, energy security issues were featured prominently during debates.

"The lifting of sanctions on Iran would be a game changer for world gas market," said Dr Seyed Mohammad Hossein Adeli, secretary general of the Gas Exproting Countries Forum, Zawya news website has reported.

The deal between Russia and China for importing some 38 billion cubic meters/year of natural gas through a pipeline connecting the two countries represents a key development not only for the two parties involved, but also for the role it will have in shaping the global price of LNG, according to Shigeru Muraki, vice chairman of the board at Japan's Tokyo Gas.

Petronas, Malaysia’s state-owned oil and gas group, is threatening to pull the plug on a $10bn liquefied natural gas project in Canada, saying new taxes and rising competition from a slew of US shale gas projects threaten its viability.

Gazprom Tries to Capitalise on Western Sanctions, Strengthen LNG Leadership

US LNG to Help, Not to Solve European Problems with Russia

Total Looks to China to Finance Russian Gas Project Amid Sanctions Total SA said it was seeking nondollar financing for a gas project in Russia, becoming the second energy company in several days to indicate that Western sanctions on the Kremlin are affecting expansion plans.

Russia's Yamal LNG project may tap wealth fund in 2014

US shale gas exports to hit Gazprom revenue

China’s demand growth may make it globally dominant, speakers suggest