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Legislative framework of Russian APG flaring

... starting from gas collection and treatment as well as processing and transportation. In order to reach the 95% goal for existing production sites, Russia would need to invest about $4.5bln with $9.5bln of additional investment necessary to ensure 5% APG flaring in the newly developed fields. Altogether these numbers account for 7% of 2016’s Federal Budget without taking into account the envisioned 16% deficit in the current year. Despite the collective socio-economic loss from unrealized opportunity ...

07.06.2016

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To flare or not to flare? Russian APG case.

... Putin introduced Decree No.7 setting a 95% APG utilization as a goal. Even though these goals were realistic, the consequences of the 2008 economic crisis considerably complicated Russian effort to deliver on its environmental commitment. Nevertheless, APG flaring became a hot politically charged issue and the Decree No.7 (that came into force in 2012) increased the fine for undue flaring of 1000 cubic meters of gas tenfold. However, it provided little specifics on monitoring and enforcement activities ...

07.06.2016

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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%)
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U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)