... 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 ... ... Russia, this is especially a major issue as all the loans for developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending banks absolutely adore long-term contracts, especially if they ...
Dr. Adrian Pabst is a political theorist and a theologian. He is a lecturer in politics at the University of Kent and a visiting professor at the 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 the Centre of Theology and Philosophy. In 2012 Dr. Pabst was appointed a Trustee of the independent non-partisan...
... ¼ of Russia’s oil and gas proven reserves, but these regions are extremely underdeveloped making casing, extraction and transport difficult. Key gas fields, like Kovykta, are isolated by taiga or encircled by canyons – these are not Gazprom friendly areas due to a lack of piping expertise. Besides technical issues, political factors have also strained development. Like the 10 year dispute amid TNK-BP, Interros, Gazprom and other stakeholders, but a light at the end of the tunnel ...
... only possible conclusions around the end of 2013 (See: FoxBusiness). The most recent negotiations have lasted since 2004, when Gazprom signed a cooperation deal with its Chinese counterpart for up to 68 bcm of gas (See: Bloomberg). This was a sizeable figure ... ... its customers compete against each other (See: Reuters). However, on the brightside Gazprom agreed with China in regards to long-term contracts, thus allowing it to develop the riskier fields as export was more guaranteed. At first, I was sceptical about ...
... and supply spiralled due to shortages resulting in extortionate consumer rates. With long-term contracts such seasonal, speculative and erratic events are less likely.
... ... Russia’s interests in this interdependent bond as no one else can offer as much gas. E.U. must aid predictability by outlining an energy policy and do so on mutual terms... ... own side to allow for dynamic logistics, with transparency being vital. For instance Gazprom says it exported 150 billion cubic meters of gas, but only 107 billion was in...
