... the subsurface resources of the shelf. Only four companies meet these criteria: Rosneft, Gazprom, Gazpromneft, and Zarubezhneft. At the moment the situation around Rosneft’s shelf projects with foreign companies being involved is still not clear. Rosneft is likely to lobby for the liberalization of access to shelf deposits, as most of the blocks are already split between them and Gazprom. However, it might be difficult to reach a consensus with the Russian leadership in the case that the USA strengthens sanctions against the Russian oil and gas sector.
What Will the New Sanctions Lead to?
Pavel Sharikov:
How to Make Russia-U.S. Relations Great Again?
The adoption of the new anti-Russian sanctions will definitely complicate the life of the above mentioned foreign partners, and might ...
... exciting as the recent TNK-BP acquisition by Rosneft and the subsequent "aggressive consolidation" should not only result in efficiency savings, but allow a new avenue of possibility as BP now has access to the Arctic with Rosneft. Hopefully, Rosneft's consolidation and LUKoil's upward trend will pull Russian companies back into the top 50 firms of the Financial Times Global 500, as 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 ...
... 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... ..., 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,... ... politicians have stepped into to resolve some of the issues. Also, TNK-BP acquisition by Rosneft naturally resolves some of the long-lasting disputes. As the below map illustrates...
... costs and the end price, thus ultimately making Russia fuels more competitive. For instance, Norway's state owned Statoil should be applauded, as it managed to find and efficiently develop the huge offshore Skuld Field (with life-cycle beyond 2030) ... ... nevertheless important that this giant is guided into the right direction. It will be interesting to see how the relationship between Rosneft develops with the Russian government, as Gazprom has always been the state official and legal monopoly, but as the former's potential grows, particularly in gas,...
