... able to start working due to the security problems in the country. In 2014, force majeure was declared in connection with the spread of the Islamic State.
Viktor Katona, Ruslan Mamedov:
Russia’s Interests in the Arab Mashreq: Analyzing the Future of Oil and Gas in Iraq and Syria
Nevertheless, the situation has stabilized, and the Iraqi authorities have decided not to wait for the consortium led by TPAO. Among the vast range of companies operating in Iraq, the Russian Gazprom Neft is the most likely to obtain ...
... № 48/2019
This working paper was prepared by the Russian International Affairs Council as part of the RIAC’s project on «Conflicts in the Middle East: Tools and Strategies for Settlement». This paper is devoted to analyzing the situation in the oil and gas market in Iraq and Syria, as well as the energy policy of Russia in the Arab Mashreq region. The authors also analyze Iraq’s oil prospects in the post-war period under sanctions against Iran. Special attention is paid to the Kurdish factor and the ...
... only real military presence here is in Arkhangelsk and Murmansk. These ports are Russia’s only access point to the world’s ocean. Strategically, there are no other viable options. Developing the Arctic economically through new shipping routes or oil and gas projects is made all the more difficult by the harsh climate, the poor existing infrastructure and the Arctic’s vast expanses. Today, there is no success story that Russia might use as a template to follow. Time and money are the only answers to ...
... with well slots was installed at each wellhead of cluster, onto which an underwater production unit (UPU) was placed. It includes a manifold and all the necessary set of wellhead equipment to safely extract hydrocarbons [
15
].” Then the hydrocarbon flow consisting of a mixture of oil, gas and condensate, sand and water is transported via a 160-km long underwater pipeline to a processing plant located near Hammerfest where hydrocarbons are separated and treated. Next, gas is liquefied and prepared for ...
... the reasons Saudi Arabia did not join the Astana initiative is that Iran is a founder. The Saudis does not fear a Russian influence in Syria, but they rather fear an Iranian one. Plus, Russians and Saudis have a lot to discuss and cooperate such as Oil and Gas markets, they have to deal openly at some point. It is in none favour to go into a confrontation in Syria or the Middle-East. As a result, the Saudis had started to view the Russian role in the Middle-East as stability guaranteer. The Saudis also ...
... discussed the hydrocarbon market, which stands among the most important topics of contemporary economic discourse, with a focus on Russia’s position and development.
On June 26, 2017
Viktor Katona
, Oil Supply Specialist at the largest Hungarian oil and gas company MOL Group and Russian International Affairs Council (RIAC) expert, held a lecture titled “Not Only Oil: The Hydrocarbon Market in the Era of Change” at the Library on Argunovskaya.
V. Katona discussed the hydrocarbon market, which stands ...
... inflow of international investment into the sector, any higher altitudes of production are not reachable for Iran. Exhausted by the years of sanctions, Iran’s energy industry needs immense investment and technological renewal along the whole chain from oil and gas exploration, to their refining and electricity generation.
Perhaps Iran’s November 2016
decision
to participate in OPEC’s oil production cuts was possible for the very reason that Iran has no technical capabilities to increase oil output any ...
The new sanctions might become a significant problem for Russia’s energy projects
New sanctions will be most severe in terms of the Russian economy and its oil and gas sector in particular.
Russia-U.S. relations remain one of the key foreign policy issues. Events in Ukraine and Syria draw the attention of the international community from time to time, but they tend to be perceived as factors that impact the relations ...
In less than two years, the hydrocarbon sector of Egypt passed two symbolic milestones. In 2014, the used-to-be-gas-exporter first became a net importer of natural gas. At that time, there was little prospect for Egypt’s oil & gas exporting potential. However, the discovery of the supergiant gas field Zohr in August 2015 and the events that followed reversed the situation, reviving hope for Egypt to win back its role of gas exporter. Who will take part in developing the Egyptian ...
... and the souring of US-Saudi relations, there have been increasing signals of rapprochement between Russia and Saudi Arabia. Both countries' senior representatives have been voicing intentions to strengthen energy cooperation. Could this lead to a new oil-and-gas friendship?
Oil market regulation
Judging from the
agreements
reached recently between Saudi Arabia and Russia, the two countries' moves towards closer cooperation are driven by a desire to stabilise the global oil market. This, however, brings up ...
