Search: Gazprom,European Union,Gas (7 materials)

The Fight for Nord Stream 2: The Interests of all the Players Involved

... that the “deal could lead to a restriction of competition.” Poland has also tried to influence the European Commission (EC). For instance, Warsaw took the issue of expanding the provisions of the Third Energy Package to include maritime parts of gas pipelines running into the European Union. The new rules would mean that Gazprom would only be able to transport up to 50 per cent of the capacity of Nord Stream 2. It is a move designed to create unfavourable conditions for the project’s investors. Only 27.5 billion cubic metres of the originally planned 55 billion cubic ...

02.07.2018

Gazprom Gaining Ground in Europe

... towards the «North Stream-2» pipeline construction or towards the gradual decline of Russian supplies via Baltic sea ports. The EU investigation led by the European Commissioner for Competition Margrethe Vestager, was based on the belief that Gazprom broke European Union Competition Law when supplying gas to eight countries of the integration unit - Bulgaria, Hungary, Latvia, Lithuania, Poland, Slovakia, Czech Republic, and Estonia. In addition to overpricing, another alleged offense is tying gas contracts to the oil quotas and the prohibition of Russian ...

24.11.2016

Despite the Sanctions and Ukraine

....” Two weeks later, Gazprom succeeded in reaching an agreement with Slovakia’s Eustream on using Slovakia’s gas transport system as part of Nord Stream 2. Gazprom’s negotiating position was also favourably affected by the failed military coup in Turkey, which led to a rapprochement between Moscow and Ankara and a renewal of Turkish Stream negotiations. Relations between Turkey and the European Union have cooled noticeably after the attempted military coup, partially because of Recep Ergodan’s threats to ...

02.08.2016

Germany and Russia Intensify Gas Cooperation Despite Political Tension

... long-existed under the mutual awareness of interdependence. This perceived paradigm has led to further deepening of the complexity of the relationship through swap deals and favorable transactions, which 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

Turkey’s price arbitrage with Gazprom over Turkish Stream

... its anti-monopoly laws. The original plan for landfall in the EU (Bulgaria) will now occur in Turkey, while the distribution 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

Nord Stream 2: Pros and Cons

... negotiating position against the background of falling production from other sources that traditionally supply gas to Europe. The European Union could act irrationally and prioritize purchases of more expensive natural gas (as is the case with Lithuania, with plans to purchase LNG from the United States ) although this is an unlikely scenario ... ... economic growth on the continent. People often make the mistake of thinking that the interests of Russia and the interests of Gazprom are the same. In this case, however, they are largely the same. The Russian government does not care who produces and ...

10.03.2016

Serbia Becomes Europe

... appreciate the opinions and ideas expressed by US Vice President Biden, Deputy Secretary of State Blinken, and Senator McCain. Gazprom Victor Katona: Serbia Becomes Europe If successful, these negotiations could be a starting point for a new stage in Serbia’s ... ... supported by the media, – Bonapartesque moves occasionally helpful in times of changes. Finally, a few words about the gas issue. The scene for Vucic’s visit was set by President Nicolic’s loud statements ruling out the option of the ...

04.06.2015

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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