V. Katona 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 ...
... in (
2016
it dropped to USD 43 per barrel. One can say with certainty that even without such restrictions imposed against the Russian oil and gas sector, many of the projects from the sectoral list were going to be frozen in 2014-2016 for being unprofitable, for example, drilling in the East-Prinovozemelsky field in the Kara Sea (Rosneft and
ExxonMobil
project) and feasibility assessment of the Domanic deposits commercial development with Rosneft’s license ...
... exporting infrastructure, and consequently, cheap resource production costs. It is possible that Russian companies would have expressed more interest in Egyptian projects, had the oil and gas prices been higher and the profits been greater.
However, Russian companies have begun supplying oil and gas to Egypt.
Rosneft
and
Gazprom
signed contracts to supply LNG there. Rosneft’s LNG cargos of are delivered in accordance with
a two-year contract
, as well as bought on the spot market. It is worth noting that despite new gas discoveries, exporting natural ...
... the new economic frontiers are moving at unprecedented pace. LUKoil's 2025 report focuses on these shifts with regards ... ... allowing one to peek at the global energy landscape via the lens of a Russian oil major. As usual, I also add extra weblinks and interesting ... ... quite a remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania ... ... Full Book).
LUKoil Report Link: "Global trends in oil & gas markets to 2025"
Oil Prices are Up, Up, and Away! ...
... interest in the Renaissance's jack of all trades. However, on a serious note, Russia is facing perhaps one of the biggest challenges in the upcoming decade as its... ... 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... ... 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...
... and expanded not only in its domestic, but also in international markets, like Africa (See: NYT). I was personally excited about opportunities between Russia and China, as Energy Minister Alexander Novak, issued a statement that both were working on gas and oil deals prior to Xi's arrival (See: Prime). I even hoped to discuss these issues with Novak personally, at "The Russian Energy Conference", which was run by Vedomosti Business Daily, but unfortunately due to the deal between Rosneft and TNK-BP, he could not go. During Xi's visit, it seemed that oil was clearly a more appealing energy source, as it is less politicised and China's desired price of $250 does not meet Russia's expectations of $300 per ...
