Search: Developed Economies,Long-Term Contracts (5 materials)

Who Governs Global Oil Prices?

... formulated by a cost-plus system for crude and now net-back for other petroleum products. Again, the seven sisters preferred long-term contracts and also used modern concessional tools to account for socio-economic factors. But, in 1969 to 1973 a major ... ... vast inflows of liquidity without inflationary repercussions. As a result, this huge liquidity is invested back into the large developed economies that also tend to be the actual consumers of oil. It is an incredible carrousel or a resource curse, except ...

13.09.2013

European Energy Woes

... investment which previously was not required. As we know, more investment means more cost and greater end-consumer price. For Russia, this is especially a major issue as all the loans for developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending banks absolutely adore long-term contracts, especially if they are linked to oil. For instance, the Nord Stream project had a queue of 27 banks. For banks these deals are especially attractive ...

14.06.2013

Wild World – Dr. Adrian Pabst Interview

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

Oil and Gas Digest

... Europe against China, due to the latters pressure. Russia hoped to supply both markets with its European gas fields, thus making its customers compete against each other (See: Reuters). However, on the brightside Gazprom agreed with China in regards to long-term contracts, thus allowing it to develop the riskier fields as export was more guaranteed. At first, I was sceptical about the deal due to the lack of a solid price and as talks with China (depending on where one starts) stretch 45 years - making ...

02.04.2013

«Eastern Siberia Oil & Gas Conference»

... hence prices will rise as basic economics dictate. A further issue is reliable suppliers. For instance the EU has been aiming to agree 10 year long contracts with the Middle East, aside from this being a double-standard as it tends to avoid Russian long-term contracts by saying short-term hub trading without a fixed price is the future, the issue remains that this is not a safe partner (e.g. Arab Spring). Unless a price level of $100-$120 per barrel is reached, Saudi Arabia could fall into political ...

05.02.2013

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
 
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