... 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 ... ... leading to old contracts to be renegotiated more robustly. Lastly, Europe’s notorious Third Energy Package is set to split gas ... ... worries if the unconventional gas is actually overvalued. Also, even Russia, traditionally a pipeline supplier will enter the game with ... ... 1/10th share by 2025.
No section about energy is complete without China, which is why LUKoil highlights that the Asian dragon has ...
... has led much ink to be spilled and many keys to be worn-down. For many, this phenomenon was of great interest naturally due to China’s huge size and its equally large potential; especially, in contrast to the economically and politically stagnating West. However, for Russia, this re-emergence plays an exceptional role which stirs much uncertainty and mistrust, as once this giant wipes of the ... ... of the leading Russian experts on energy matters, Dr. Tatiana Mitrova. To view the first part of this series focusing on the European-Russian relations, click the following link: European Energy Woes. Moreover, for those that follow my blog, as promised ...
Euro-Russian relations have strained over the recent years in energy ... ... research conducted. In this first post of two-part special, a Europe-Russia focused question and answer session is outlined with ... ... whereas in the subsequent second post, coming later, we look at China-Russia.
Europe-Russia ‘Special Deal Severed’:
... ... developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending ...
... Institut d’Etudes Politiques de Lille (Sciences Po). His research concerns capitalism, religion, ethics, civil economy, European Union and wider Europe like Russia, Ukraine and Turkey. He is an Associate Editor of the journal TELOS and Fellow of the Centre of Theology and Philosophy.... ... Atlantic to the Pacific Ocean, Moscow is likely to stop looking West and instead go East – as soaring trade levels with China already foreshadow.
However, Russia remains a European power – part of Europe’s non-West alongside Turkey ...
... know me, would quickly recall my keen 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 economy is overly dependent upon natural wealth, but our main European market is quickly becoming less accessible raising the question: where to go? Aside, long-term diversification from energy ... ... “Energy Strategy to 2030” (ES-2030) publication; released in 2009. M. Mareš and M. Laryš argue that China’s rise is creating a great opportunity for Russia as an extra energy market, but at the same time, current conditions ...
... concern (See: InterFax Energy). Additionally, Russia was unable to play-off Europe against China, due to the latters pressure. Russia hoped to supply both markets with its European gas fields, thus making its customers compete against each other (See: Reuters). However, on the brightside Gazprom agreed with China in regards to long-term contracts, thus allowing it to develop the riskier fields as export was more guaranteed. At first, I was sceptical about ...
... Routledge) and has published numerous articles in journals such as Democratization, Europe-Asia Studies, Electoral Studies and Studies in Ethnicity and Nationalism. Rico... ... region.
What are the main political, military and economic interests of the Russian Federation in Central Asia? Do these interests align or conflict with the regional... ... military interest is to continuously have a foothold in the region. However, the role of China in the region, the American war in Afghanistan since 2001 and the European Union...
... done to stop any changes, how to adapt to them if they occur and what if sceptics are right?
«Oil and Gas Dialogue: Russian Gas in the European Market» Joint International Forum held at IMEMO RAN conference hall on 7th December 2012; moderated by Ivanova ... ... account for industry realities or Russian and peculiarly even its own interests as it is undermining its own energy security.
Long-Term Contracts a No-No:
An area of contention stimulating uncertainty is the debate amid long-term contracts and hub trading ...
... been aiming to agree 10 year long contracts with the Middle East, aside from this being a double-standard as it tends to avoid Russian long-term contracts by saying short-term hub trading without a fixed price is the future, the issue remains that this is not a ... ... for the whole sector. Krutikhin says the Eastern Expansion Project needs particular attention; for instance in respect to gas, China opposes paying over $290 per 1000 cubic meters, which is $110 cheaper per measure in contrast to the European consumers, whilst gas is also only really needed in Manchuria. So, not to exacerbate, resources must be price competitive ...
