... 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...
... 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... ... it ranks 11th. It is quite a 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... ... Future" (Link to Full Book).
LUKoil Report Link: "Global trends in oil & gas markets to 2025"
Oil Prices are Up, Up, and Away!
From today till 2025...
... 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... ..., 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...
... Gazprom has always been the state official and legal monopoly, but as the former's potential grows, particularly in gas, this status quo may alter. Currently, Ministry of Natural Resources backs Gazprom (See: InterfaxEnergy). Finally, whether the TNK-BP deal was led to this development or not, Exxon Mobil just issued an ... ... not surprising to see it leading the industry forward, but the figure is very substantial. It will add 1 million barrels of oil to its stock, which although not challenge Rosneft's huge oil production, nevertheless it will add more competition from a much more profitable US firm (See: Oil&Gas ...