... annual consumption growth of 2.2%, with much of this growth being driven by China. LUKoil sees that for Russia this is not good news as it is yet to complete any big gas deals with China, while its traditional European market is forecasted to persist in being difficult... ... 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... ... contracts to be renegotiated more robustly. Lastly, Europe’s notorious Third Energy Package is set to split gas transmission and storage from commercial activities...
... For many, this phenomenon was of great interest naturally due to China’s huge size and its equally large potential; especially,... ... the economically and politically stagnating West. However, for Russia, this re-emergence plays an exceptional role which stirs ... ... giant wipes of the rheum around its eyes and springs back full of energy, its only natural room to manoeuvre seems northwards. Even ... ... this special series and once again I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy ...
Euro-Russian relations have strained over the recent years in energy matters as certain vested interests shifted perceptions ... ... challenges will be discussed. In this post I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy ... ... whereas in the subsequent second post, coming later, we look at China-Russia.
Europe-Russia ‘Special Deal Severed’:
... ... developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending ...
... religion, ethics, civil economy, European Union and wider Europe like Russia, Ukraine and Turkey. He is an Associate Editor of the journal ... ... system, its agents, or other factors?
The continuous eurozone turmoil provides a microcosm for the wider global economy. It has variously ... ... West and instead go East – as soaring trade levels with China already foreshadow.
However, Russia remains a European ... ... and authoritarian consolidation, on the other hand.
Energy Calamity
It is argued by some that the Russo-European ...
... Renaissance's jack of all trades. However, on a serious note, Russia is facing perhaps one of the biggest challenges in the upcoming ... ... the question: where to go? Aside, long-term diversification from energy export dependence, Russia has a relatively shorter-term ... ... Energy Policy journal article on which this post builds upon: "Oil & Natural Gas in Russia's Eastern Energy Strategy: ... ... released in 2009. M. Mareš and M. Laryš argue that China’s rise is creating a great opportunity for Russia as ...
... here is to recap, analyse, and offer links to top: Oil&Gas News, Pictures & Videos, from experts and institutions ... ...
March's Top News:
- Xi Jinping... From Russia With Love:
Xi Jinping visit to Russia was ... ... is the case with first foreign visits (See: NTS). Energy was at the forefront of the visit with two different ... ... USA's hegemony (See: SCMP). Albeit, it is hard to see China not taking the lead regionally and globally in ... ... brightside Gazprom agreed with China in regards to long-term contracts, thus allowing it to develop the ...
... region.
What are the main political, military and economic interests of the Russian Federation in Central Asia? Do these interests align or conflict with the regional... ... Asia is the key political interest of Russia, with the other interest being of course energy. The integrated transportation system for oil and gas, which existed since the Soviet period, still mainly runs through Russia... ... military interest is to continuously have a foothold in the region. However, the role of China in the region, the American war in Afghanistan since 2001 and the European Union...
... changes, how to adapt to them if they occur and what if sceptics are right?
«Oil and Gas Dialogue: Russian Gas in the European Market» Joint International Forum held at IMEMO RAN... ... 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...
... climate and unstable political atmosphere across many energy exporting states, thus in all building up naturally ... ... overly optimistic mood. However, in respect to the Russia situation it was far from bleak as instability ... ... sector will experience price turbulence. In regards to oil, official forecasts estimate that global output ... ... being a double-standard as it tends to avoid Russian long-term contracts by saying short-term hub trading ... ... particular attention; for instance in respect to gas, China opposes paying over $290 per 1000 cubic meters,...
