... breeze of economic prosperity across Asia, South America and even Africa, the global energy balance is tipping, particularly as the new economic frontiers are moving at... ... 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... ... 2020 the market will need an extra 50 bcm on top of the existing contracts as certain long-term contracts end, but supply will increase by 250 bcm in essence flooding the...
... total energy mix in most countries, even in those typically outlined as overly dependent. As we have seen USSR never applied its energy in a weaponry type way, so there is no reason why Russia would do this now.
Long-Term to Short-Term Contracts - Technical ... ... 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 ...
... system. More specifically, Moscow lacks a clear strategic direction, as the ruling regime is increasingly divided between an official commitment to economic modernisation, on the one hand, and authoritarian consolidation, on the other hand.
Energy Calamity
It is argued by some that the 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 ...
... European market is quickly becoming less accessible raising the question: where to go? Aside, long-term diversification from energy export dependence, Russia has a relatively shorter-term option: to expand into Asia, but this option is far from easy and ... ... 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....
... gas, which is less than anticipated 68 bcm and vitally price was not set, which is obviously a serious concern (See: InterFax Energy). Additionally, Russia was unable to play-off Europe against China, due to the latters pressure. Russia hoped to supply ... ... 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 ...
... RAN Academic and Associate Director of IMEMO RAN, and Eric Dam, General Director of Energy Delta Institute.
Optimism Remains Thin in the Air:
As the world continues... ... peculiarly even its own interests as it is undermining its own energy security.
Long-Term Contracts a No-No:
An area of contention stimulating uncertainty is the... ... 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...
