....
No special order can be successful in launching this idea, but some harmonization has occurred. As we’ve seen with Ukraine, it has a liberal economy and it has been able to use reverse flows to buy gas cheaper than from Gazprom, by not very ... ... Idle:
As Europe is proving to be a difficult market for Russia due to price liberalization, long-term contracts decline and oil-pegged prices rejection, the Shtokman field was postponed and its development was rejected, perhaps, for the next 10 years....
... current gas prices stand at around $600 for 1000 cubic meters – that is much more than $400 paid by Europe ($500 paid by Ukraine). Further, in 2016 US should begin exporting shale gas to Europe. Traditional energy suppliers will need to keep a close ... ... traditional product must be competitive so it does not miss the gravy train which may well soon pick up speed.
Igor Ossipov
Oil & Gas Eurasia Correspondent, Oil/Diesel Broker and RIAC Blogger.
... Development): Local Success
A phenomenon of big business aiding economic growth is internationally well known, as for instance oil companies have redistributed wealth in places like Brazil. In Russia success has also been achieved as upon their arrival ... ... on average has grown by 5 times or as high as 10 times in poorer regions (e.g. Jewish Autonomous District). In Yakutia and Chukotka GDP per person has grown from just 100,000 rubles per annum to 1.1 million. But, local salaries will need to keep growing ...
