... only candidate Gazprom crashed out 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 ... ... though this is a substantial rise from already record breaking figures of about 90 mb/d, oil’s overall share in global energy utilization will actually fall as housing and power generation will substitute to cleaner energy like gas. Moreover, any ...
... Europe’s actions have created a possible financial risk for the region, as these special relations have been severed, so now any future relations will be priced on the basis of a deficit market. The question remains open, is the trade-off worth it?
Energy Weaponry Myth:
Pathological fear does exist, that Gazprom may in some way use its power to influence Europe as a dominant supplier. However, in reality, if we look retrospectively there are no real precedents to Gazprom applying its power, there were some threats issued, but not real actions. Also, it is important to look at countries primary energy ...
... Institut d’Etudes Politiques de 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 ... ... 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 ...
... through the Yakutia-Khabarovsk-Vladivostok gas pipeline… slated for 2016”. In February 2013, ITAR-TASS reported that Gazprom has started to consider bringing forward the 2016 aim – so has the Russian energy elite realised the need to hurry? Mareš and Laryš would caution, as the dynamic diversification into Asia is somewhat abandoning the traditionally lucrative European market, than actually providing additional customers. Nevertheless, Russia must not take too long as the energy sector ...
... technical issues like transport proximity. In Iraq, the dispute amid central government and Kurdistan has resulted in contracts being annulled with Exxon Mobil, Total and GazpromNeft; as the central government considers that only it should negotiate energy contracts, not its rebellious regions (See: Gulf Oil&Gas). As a result of anti-Russian import policy, Gazprom's European exports fell 7.5% (2011-12), with opportunities becoming more limited, but it appears that a 40 bcm potential to supply UK is still on the table; as the Russian giant only covers 10% of the island's market (See: Platts). Someone needs ...
... diameter than Nord Stream’s, but cost more. Such lack of economies of scale is common as well as the price disparity due to Gazprom buying gas at almost any price. So it will be vital to reach equilibrium as for instance Europe has hit the other polarity by having too much legislation, as populated areas need around 700 local, regional and central ... ... NIMBY (not in my back yard) challenge can be also addressed, as stakeholders will be less likely to oppose the presence of the energy industry and fragmentation challenge could be avoided or renegotiated.
Tatyana Mitrova provides a great summary, in her ...
