... changes.
Finally, a few words about the gas issue. The scene for Vucic’s visit
was set by President Nicolic’s loud statements
ruling out the option of the Turkish Stream and Vucic’s own call to “
reduce dependency on Russian gas
”. And, although it does look like a direct threat to Russian investments in the region, Serbia likely has an ulterior motive. Looking at the map of the Trans Adriatic Pipeline (TAP), Gazprom’s alternative route, it is clear that the initial plan had it crossing Turkey, Greece and Albania, leaving out Serbia, the central element of Russian transit projects. Serbia can only count on a branch of the main line – built at its ...
... 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 ... ... the "Oil of Russia: Past, Present & Future" (Link to Full Book).
LUKoil Report Link: "Global trends in oil & gas markets to 2025"
Oil Prices are Up, Up, and Away!
From today till 2025, the globe is set for an average annual ...
... market. We do not yet have these conditions.
No special order can be successful in launching this idea, but some harmonization has occurred. As we’ve seen with Ukraine, it has a liberal economy and it has been able to use reverse flows to buy gas cheaper than from Gazprom, by not very much, but still cheaper. So, sooner or later, Gazprom will need to drop prices. As European market will develop, we may see many companies emerge that will be able to shift gas via many different routes. Simply having the same price ...
... 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 alternative pipeline has even been called “Nabucco” – does Europe really feel enslaved by the Russia energy dependence in a Verdian sense?
For far too ...
... market. In 2012, Interfax reported that Gazprom’s CEO, Alexei Miller, has launched a plan for “a pipeline from Kovykta… towards Chayanda and, in the end, gas from Kovykta will be transported 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 ...
... guaranteed. At first, I was sceptical about the deal due to the lack of a solid price and as talks with China (depending on where one starts) stretch 45 years - making another Chelyabinsk asteroid more likely. My scepticism eased upon the news that Gazprom has green-lighted a major gas field in Siberia: Chayanada. As reported Gazprom's Chayanda produced gas will be delivered via the 3,200 kilometres long Yakutia-Khabarovsk-Vladivostok pipeline (see map below), with 61 bcm top capacity; the pipeline is scheduled for 2017 ...
... Further, price disparity must be addressed with an informative business model. Sochi pipelines are 10 times smaller in 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 government patents to erect 500km of pipes ...
