... by challenges in creating an adequate system of governance at the EU level. The initiatives relating to external energy policy are set out in very careful wording. However, their implementation even on a limited scale could have a negative impact on Russian energy suppliers (gas suppliers, in the first hand). The best way to prevent the emergence of a truly common EU external energy policy is to ensure the security of Russian supplies and the positive dynamics of the political relations between Russia and ...
... Kazakhistan, where duties are cheaper, once the Custom Union is completed.
In 2008, after a similar crisis, some research papers by the Energy Ministry and by the entourage of Igor Sechin (who at the time was serving as Vice-Prime Minister for energy), had showed that the russian output would have slowed and decreased because of the unprofitability of new projects if the tax system had not been reformed. However in Putin’s view the oil generals were already having granted a privileged treatment. As he put it in a ...
... extensive network regasification terminals in Europe would allow Russia to activate its LNG projects (particularly the Yamal project) without having to make major investments in pipeline infrastructure. The work could be coordinated by the Ministry of Energy of the Russian Federation, in order to avoid competition between Russian suppliers.
– Get the Russian–Azerbaijani dialogue on the right track, on the one hand, to strengthen its negotiating position with Turkey on the other. The aim of these efforts ...
... negotiations between Russia and Ukraine in contrast to 2006 and 2009, when the Europeans deliberately avoided any kind of participation in such processes. But nowadays they appear to be seriously worried about their own continuous gas supply during winter.
energy.sia-partners.com
REUTERS/Gleb Garanich
Yuri Borovsky:
Can Russia–EU–Ukraine Negotiations on Gas
Be Saved?
The deeper they get involved in the details of the Russia-Ukraine dialogue, the clearer they perceive Kiev's attitudes and negotiating capacity. Of principal importance for Moscow are not just ...
... Union are in crisis and are being conducted on an ad hoc basis. Everything that has been achieved by Moscow and Brussels since 2000 as part of the Energy Dialogue has now essentially been frozen. The previous regular cooperation between the Ministry of Energy of the Russian Federation and the Ministry of Energy and Coal Industry of Ukraine has ceased.
How great is the damage caused by the halting of Russian gas supplies?
The damage caused by the halting of Russian gas supplies will be significant for all sides. Around ...
... with Sechin’s Rosneft. A behaviour justified, as seen before, by saying that there are individuals, not companies on the black list.
The duplicity of these western national companies and their governments underscores some facts. First of all, Russia is too important to be let go as some in Bruxelles and Washington would like to, and its role in the energy market is likely to grow even more thanks to the quest for the Arctic. Second, diversification is still a dream for the EU. Energy companies from the old continent look more to their private incomes and national needs than to the overall EU project....
... confrontation.
A softer line was endorsed by Martin Schulz. Despite arguing that sanctions have been the right choice so far, the socialist candidate called for more diplomatic efforts to solve the crisis. Schulz, a german, is more careful on the energy issue and the economic partnership with Russia, vital for his country and many others like Italy, currently lead by democratic prime minister and Schulz-backing Matteo Renzi. “Tough sanctions mean we should tell our citizens: higher gas prices, higher energy prices, and no investments ...
... enthusiastic to have re-acquired its purpose, the EU did not share in this elation.
Igor Kovalyov:
Despite the complications caused by the current crisis in Ukraine, both now and in the near future, Western Europe is really short of viable alternatives to Russian energy supplies. Although some countries, Germany for one, are successfully developing alternative energy sources, they can't afford to give up Russian gas. Other regions, including the United States, cannot offer sustainable options as well. Hence, the ...
... Russian power generation sector.
The energy sector is characterized by significant inertia, and consequently, reacts little if at all to political developments. Therefore, I would rate the probability of direct, formalized trade sanctions by the EU on Russian energy resources exports as extremely low.
The energy sector is characterized by significant inertia, and consequently, reacts little if at all to political developments. Therefore, I would rate the probability of direct, formalized trade sanctions by ...
..., down from 89% in 2012. From these 84% oil and gas will dominate, as despite sizeable coal reserves, Russia’s production of coal will remain relatively modest with only 6th largest production in the world. BP predicts quite a stable trend for Russia, as energy production and consumption will grow by 21% and 20%, between 2012 and 2035. The country’s share of global energy production and consumption will slightly decline, but it will be modest from 10% to 9% and from 6% to 5%, respectively. Lastly,...
