... questions are never – or inadequately – raised. Although the constitution of the single EU energy market is still underway and liberalization has not been fully achieved, it is worth taking a closer look at Gazprom’s activities in Europe. The history of Gazprom, a long-standing economic partner of Europe, is a series of constant adaptations – with varying degrees of success – to both European market conditions and dialogue with all parties involved in the gas business across the continent....
... LUKoil's upward trend will pull Russian companies back into the top 50 firms of the Financial Times Global 500, as only candidate Gazprom crashed out extravagantly this year by losing 26 places and ending up 57th due to the quickly changing European market. To add salt to the wound, Gazprom is now sandwiched between Walt Disney and McDonald's. Finally, it is worth mentioning a few words about LUKoil’s President, Vagit Alekperov, as he is an unquestionably a big figure in the oil game. He authors and edits many books ...
... launching this idea, but some harmonization has occurred. As we’ve seen with Ukraine, it has a liberal economy and it has been able to use reverse flows to buy gas cheaper than from Gazprom, by not very much, but still cheaper. So, sooner or later, Gazprom will need to drop prices. As European market will develop, we may see many companies emerge that will be able to shift gas via many different routes. Simply having the same price across the board is absurd or trying to push some revolutionary policies that do not reflect market peculiarities....
... 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 think-tank ResPublica ...
... through the Yakutia-Khabarovsk-Vladivostok gas pipeline… slated for 2016”. In February 2013, ITAR-TASS reported that Gazprom has started to consider bringing forward the 2016 aim – so has the Russian energy elite realised the need to hurry?... ... and Laryš would caution, as the dynamic diversification into Asia is somewhat abandoning the traditionally lucrative European market, than actually providing additional customers. Nevertheless, Russia must not take too long as the energy sector ...
... resulted in contracts being annulled with Exxon Mobil, Total and GazpromNeft; as the central government considers that only it should negotiate energy contracts, not its rebellious regions (See: Gulf Oil&Gas). As a result of anti-Russian import policy, Gazprom's European exports fell 7.5% (2011-12), with opportunities becoming more limited, but it appears that a 40 bcm potential to supply UK is still on the table; as the Russian giant only covers 10% of the island's market (See: Platts). Someone needs ...
... Further, price disparity must be addressed with an informative business model. Sochi pipelines are 10 times smaller in diameter than Nord Stream’s, but cost more. Such lack of economies of scale is common as well as the price disparity due to Gazprom buying gas at almost any price. So it will be vital to reach equilibrium as for instance Europe has hit the other polarity by having too much legislation, as populated areas need around 700 local, regional and central government patents to erect 500km of pipes (Nord Stream). With transparency, NIMBY (not in my back yard) challenge can be ...
