Search: Gazprom,Gas,Russia (13 materials)


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

... smaller, the distance to consumers is shorter, and the company owns 51 per cent of the shares in the operator of Nord Stream 1, Nord Stream AG. However, Russia will continue to transit gas via Ukraine. Exactly how much will depend on the demand for Russian gas in Europe. In the long term, Gazprom could build new streams, for example, “Bulgarian Stream,” although there are no concrete plans for this as of yet. The second theory against Nord Stream 2 is, therefore, also false. It is worth emphasizing here that plans to create bypass ...


Sanctions vs. Cheap Oil: What is More Dreadful for Russia’s Fuel & Energy Complex?

... forbade American companies to take part (supply equipment and technologies) in the following kinds of projects: deep water (over 152 meters) oil field development, Arctic shelf field development, scavenger oil field development, including shale oil and gas. Viktor Katona: Gazprom Gaining Ground in Europe Technological sanctions were a formal cause for some projects to freeze. This wave of sanctions affected the Russian energy sector companies, though to a less extent than had been projected by the American government. The political elite didn’t turn against the political leader, on the contrary, they rallied around him along ideological lines. Restrictions ...


Gazprom Gaining Ground in Europe

... Republics. The decision is expected to be made by March 2017, though Gazprom being penalized to pay this prodigious sum of money is an unlikely scenario. Moreover, in June 2016 the same Arbitration Institute held that similar claims from Lithuania towards Gazprom (that the Russian company had to supply gas at a «reasonable» price) were unjustified and the Russian company hadn’t violated competitive conditions. At the same time, a decision in favor of Gazprom is not to be expected, as that would basically mean the total bankruptcy of ...


Legislative framework of Russian APG flaring

....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 so far, thus, the positive effect of the initiative is mostly accounted for by international ...


Germany and Russia Intensify Gas Cooperation Despite Political Tension

... existing gas interdependency. Nord Stream’s full capacity is not being used because of the restrictions on the OPAL pipeline, which links Nord Stream’s entry point at Greifswald, Germany with the Czech Border. Germany’s Wintershall and Russia’s Gazprom jointly own the pipeline. Furthermore, major German gas companies BASF Wintershall and E.ON Ruhrgas have gained access to natural gas fields in Western Siberia, while Gazprom has developed its transport and distribution capabilities by acquiring Europe's largest gas storage facility in Rehden, ...


Turkey’s price arbitrage with Gazprom over Turkish Stream

... unbundling production from distribution will increases security of supply. Indeed, it can help Russia avoid the problems it encountered due making Baumgarten its final destination point in Europe rather than giving infrastructure to European jurisdiction. Gazprom faces the choice of price or volume maximization fearing that Turkey will impose alternative tariffs or will export Russian gas elsewhere (similar to what was done by EU and its reverse flows). Vertical supply chain control on Turkish territory could help Gazprom maximize profits and build additional leverage vis-à-vis EU, however, by passing ownership to Turkey it ...


Nord Stream 2: Pros and Cons

... although this is an unlikely scenario given the slow 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 supplies the gasGazprom or Novatek, which also seeks to export gas to Europe. All it cares about is whether these activities generate revenue. The intertwining of the government apparatus and Gazprom does not promote competition on the domestic market in Russia. The ...


Oil and Gas Markets to 2025 - LUKoil

... 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 ... ... impressive considering that he steers such a large oil company. One of the more recent books Alekperov authored is the "Oil of Russia: Past, Present & Future" (Link to Full Book). LUKoil Report Link: "Global trends in oil & gas markets to 2025" Oil Prices are Up, Up, and Away! From today till 2025, the globe is set for an average annual ...


European Energy Woes

... have a difficult situation within the internal market as there is a sizeable over-supply with rooted demand whilst at the same time competition between three giants is increasing: Gazprom, Novatek and Rosneft. Novatek and Rosneft are already selling gas at discounted prices of 5-10% in contrast to the Russian Federal Tariff Service (FST) which Gazprom follows, so it means they are working within a profit margin and the existing price level is market orientated. Hence, the rational question arises why do we need to raise this price? As we see, major consumers like electricity generators are ...


Wild World – Dr. Adrian Pabst Interview

... 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.... ... Russo-European relationship has soured creating an anti-Russian stance. Has this occurred due to European attempts to lower gas import prices, or more serious underlining issues? Europe’s potential alternative pipeline has even been called “Nabucco” ...


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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