... tipping, particularly as the new economic frontiers are moving at unprecedented pace. LUKoil's 2025 report focuses on these shifts with regards to demographics, motorization... ... remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success as efficiency still strikes... ... 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...
... required. As we know, more investment means more cost and greater end-consumer price. For 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 are linked to oil. For instance, the Nord Stream project had a queue of 27 banks. For banks these deals are especially attractive now, as for them to receive guaranteed profit in the middle of a recession for the next 25 years – is amazing. Without long-term ...
... years Europe has lingered around recession with little light at the end of the tunnel. Is someone, or something, responsible for this crisis? Perhaps, is it a virtue of the capitalist system, its agents, or other factors?
The continuous eurozone turmoil provides a microcosm for the wider global economy. It has variously been described as a financial or a fiscal crisis, caused either by an over-leveraged banking system or by unsustainable budget deficits and sovereign debt. But perhaps with the exception ...
... require academic rigour. Please see the following link for the Energy Policy journal article on which this post builds upon: "Oil & Natural Gas in Russia's Eastern Energy Strategy: Dream or Reality. Also, please feel free to comment or leave a ... ... 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....
... 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 ... ... Someone needs to remind Europe, that it made billions during the periods of the '90 and early 2000's when the long-term contracts benefited their economies, due to cheap prices, but now prices increased they tend to quickly forget the good ...
... less concentrated requiring an additional infrastructure, thus expenditure. In fact, Gazprom has reduced prices by pursuing its own strategy of spreading costs by building... ...
That said, Europe still does not agree, wishing to fit a North American Model where long-term contracts are near absent as purely basic economic principles of supply and... ... just shutdown. So, currently a hybrid system exists with spot pricing, fixed gas to oil pricing and with hubs which only work after 70-80% of the market is satisfied by...