Personal Journey at The Edge of Engineering Mastery
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Abstract The rapid advancement of AI technology is systematically eroding humanity’s traditional advantages, from intellectual labour to creative domains. This paper assumes the stark reality that AI already surpasses humans in many fields, and discusses how humans should reconstruct their existential value and build a co-creative future with AI. Focusing on three axes—the subjectivity…
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1. Emergence of Price Asymmetry During the four weeks from September 25 to October 23, JKM spot prices remained stable at approximately $11.27/MMBtu, while Brent crude declined by 9.2% and LNG shipping rates fell by 14.4%, revealing an asymmetric price trajectory. This asymmetry demonstrates that the LNG market is structurally decoupling from its traditional…
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Key Takeaways Market Overview: Summer 2025 Adjustment Phase The LNG market in summer 2025 is in an adjustment phase. JKM prices recorded highs in the mid-$14/MMBtu range in mid-June before declining approximately 18% to $11.44/MMBtu by the end of August. This price movement reflects a return to price levels that reflect the fundamentals of…
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Evidence-Based Analysis of Market Dynamics The LNG market from July 10-31, 2025, exhibited two contrasting movements: price adjustments and rising freight rates occurring simultaneously. A detailed examination of weekly chart data reveals structural changes in progress that exceed market participants’ expectations. Phased JKM Price Adjustment July’s JKM price movement clearly divided into two distinct…
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Introduction From the summer of 2014 until the completion of construction and the handover of gas commissioning in 2015, I was permanently stationed at the Senoro CPP (Central Processing Plant) as the construction manager for PT TRIPATRA, the EPC contractor. This project established a fully integrated value chain, spanning from upstream gas field development…
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Three Critical Findings Revealing Fundamental Market Transformation 1. Abnormal Surge in Shipping Costs Reshapes Price Structure The most significant change over these four weeks was the extraordinary 67.49% surge in LNG vessel charter rates. The week of July 3rd witnessed an unprecedented spike from 16,117 USD/day to 25,526 USD/day, representing an increase of over…
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Natural Gas Pricing Mechanisms: The GOG Revolution and Its Reality Natural gas pricing mechanisms have undergone a fundamental transformation over the past three decades, with Gas-on-Gas Competition (GOG¹) emerging as the dominant theoretical framework for modern energy markets. Understanding these natural gas pricing mechanisms is crucial for comprehending how global energy markets function today.…
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Executive Summary This comprehensive study analyzes the economic development processes of five Asian countries (Japan, South Korea, China, Malaysia, and Indonesia), focusing on the critical transition stage from lower-middle-income to upper-middle-income status, specifically the GDP per capita range from $300 to $10,000. The research constructs a policy optimisation model by development stage to provide…