... encouraging other actors to join US-led organizational frameworks. Despite controlling 175000 km of pipelines and being present in more than 50 international and 20 domestic projects, Russia’s current position is shaky. Governmental favoritism of Gazprom, who has a privileged position with regards to controlling export routes, striped other companies such as Novatek and Rosneft of support in LNG projects that could take relevant place in South-East Asia in order to help Russia decrease its dependency ...
- 09.10.2016 20:58:00
....” Thus, the legitimacy and relevance of the matter is currently framed by the international community (i.e. is mostly top-town), however in future it is likely to depend on the relationship established between the State, oil and gas industry, and Gazprom.
Environmental risk management platform of Equatorial Principles calls for international banks to finance only those projects that have well-established CSR and concern for environment. There is only one Russian bank, Otkritie, who joined it ...
- 07.06.2016 16:45:00
... encompass the entire value-chain of the natural gas sector. The pinnacle of recent collaboration has been the initiation of the Nord Stream-2 project, which has the potential to completely substitute Ukrainian transit routes. On top of that, in 2015 Gazprom has delivered to Germany a record quantity of 45.3 bcm of natural gas. What’s more intriguing is the 19% increase in gas deliveries to Germany for the first quarter of 2016, when compared to 2015 Q1 delivered quantities. The implications ...
- 27.05.2016 12:32:00
... hub for Europe will be located at the border of Turkey and Greece. Being a strategically important transit point for Russian gas going to Europe and bypassing Ukraine, Turkey tries to increase its bargaining power and engages into price arbitrage with Gazprom: 10.25% discount offered by Gazprom is deemed insufficient and Turkey does not want to receive anything less than15%. Under the tightened atmosphere of the Syrian military theatre, Turkey threatens to cut off imports should her conditions be not ...
- 07.04.2016 22:33:00
Gazprom’s Finance Director Andrey Kruglov announced recently on Russian TV plans for the energy giant to list on the Hong Kong Stock Exchange. Technically it would be the first Russian Company to do so, as Oleg Deripaska’s UC RUSAL is structured ...
- 27.02.2015 00:11:00
The exacerbation of tensions between the EU and Gazprom has led to black-and-white analyses. This makes it difficult to get to grips with Gazprom activities in the European energy market, while several crucial questions are never – or inadequately – raised. Although the constitution of ...
- 02.07.2014 23:00:00
... ready to handle the impacts of Arctic energy?
Enthusiasm and scepticism
Some weeks ago, President Putin announced the first shipment of Arctic oil from the Prirazlomnaya platform. The Prirazlomnaya platform works offshore in the Pechora Sea. Gazprom Neft started production in late December 2013. The stationary installation can drill oil from estimated reserves of 72 million tons. The production target for 2014 is 300,000 tons, with a peak in annual production of six million tons expected ...
- 29.05.2014 10:28:00
“Even the leaders were unsure about what they would do next or how to avoid fatal missteps. Each side called on its intelligence services to supply that knowledge.”
The quote is from an article by Markus Wolf and Tennent Bagley, two icons of the Cold War intelligence community with opposing ideologies writing in 1997 in the Los Angeles Times as a team about how in August, 1961 construction of the Berlin Wall surprised the best and the brightest in the West.
They wrote a review of...
- 27.04.2014 18:46:00
... producer Kazakhstan by a big margin, which could be considered dumping by the World Trade Organization. But the uranium club doesn’t play by WTO “dumping” rules.
According to nuclear and mining trade publications Russian energy giant Gazprom and around twenty other international firms, including German operators, are active in mining or holding stakes to mine uranium in Niger. But the dominant organization is Areva.
Areva revenue last year was reported at around $13 billion, but ...
- 19.02.2014 18:44:00
... Russia for Europe’s economic problems when it controls only 30 percent of the Euro market. After all, it’s Russia’s gas to sell on the free market. Instead of talking to a European analyst or a representative of a Russian firm like Gazprom, the writer of the Monitor story sourced David Goldwyn, a former special envoy for international energy affairs under former Secretary of State Hillary Clinton. Meanwhile, Washington ally Norway has just overtaken Russia as Europe top LNG provider,...
- 15.09.2013 13:09:00
... Forward". Moreover, in the last decade, LUKoil has shown a steady upward trend in the respected Platts Top 250 Majors Ranking, where today it ranks 11th. It is quite a remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success as efficiency still strikes true, with 10th ranked Rosneft not performing much better even though it is now the worlds biggest oil company by output. An interesting statistic shows that Rosneft ...
- 25.07.2013 04:02:00
... the region, as these special relations have been severed, so now any future relations will be priced on the basis of a deficit market. The question remains open, is the trade-off worth it?
Energy Weaponry Myth:
Pathological fear does exist, that Gazprom may in some way use its power to influence Europe as a dominant supplier. However, in reality, if we look retrospectively there are no real precedents to Gazprom applying its power, there were some threats issued, but not real actions. Also, it ...
- 14.06.2013 00:32:00
Dr. Adrian Pabst is a political theorist and a theologian. He is a lecturer in politics at the University of Kent and a visiting professor at the Institut d’Etudes Politiques de Lille (Sciences Po). His research concerns capitalism, religion, ethics, civil economy, European Union and wider Europe like Russia, Ukraine and Turkey. He is an Associate Editor of the journal TELOS and Fellow of the Centre of Theology and Philosophy. In 2012 Dr. Pabst was appointed a Trustee of the independent non-partisan...
- 01.05.2013 17:46:00
... ¼ of Russia’s oil and gas proven reserves, but these regions are extremely underdeveloped making casing, extraction and transport difficult. Key gas fields, like Kovykta, are isolated by taiga or encircled by canyons – these are not Gazprom friendly areas due to a lack of piping expertise. Besides technical issues, political factors have also strained development. Like the 10 year dispute amid TNK-BP, Interros, Gazprom and other stakeholders, but a light at the end of the tunnel ...
- 12.04.2013 00:27:00
... Jinping visit did not generate outright deals, and it appeared that the mass media was right to dampen expectations towards only possible conclusions around the end of 2013 (See: FoxBusiness). The most recent negotiations have lasted since 2004, when Gazprom signed a cooperation deal with its Chinese counterpart for up to 68 bcm of gas (See: Bloomberg). This was a sizeable figure for China, as it is an emerging player in regards to this fuel type; although it currently adds up to a small portion of ...
- 02.04.2013 20:07:00
... amid long-term contracts and hub trading which is set to be introduced across Europe. An official justification is that Europe feels that gas is overpriced and super-natural profits are recorded by the Russian gas monopoly. At IMEMO RAN Sergei Komlev, Gazprom Export Head of Department for gas Contracts and Pricing, “rebuffs the overpricing myth” by arguing that raw materials increased on average 3-4 times resulting in a natural price increase as pipeline construction or alike now costs ...
- 14.02.2013 17:17:00