... became the
first Western European company
to sign a contract for the supply of gas from the USSR). And Wintershall and Engie own shares in Nord Stream 1. All the companies involved in the project are interested in consolidating their positions on the Russian market, especially given the current geopolitical tension and the sanctions regime.
Gazprom.ru
Nord Stream 1, 2
Although Nord Stream 2 involves companies from numerous countries, at the political level, the greatest amount of support for the project is being provided by Germany. The German federal authorities are actually in a difficult position ...
... He is a lecturer in politics at the University of Kent and a visiting professor at the 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. In 2012 Dr. Pabst was appointed a Trustee of the independent non-partisan think-tank ResPublica Trust where he works on alternative ...
... Academy of Sciences and Head of Global Energy at Skolkovo, sees, there are three interlinked challenges for Russia. As mentioned, Russia must tackle its investment climate from its own side to allow for dynamic logistics, with transparency being vital. For instance Gazprom says it exported 150 billion cubic meters of gas, but only 107 billion was in fact pumped. Further, price disparity must be addressed with an informative business model. Sochi pipelines are 10 times smaller in diameter than Nord Stream’s, but cost more. Such lack of economies of scale is common as well as the price disparity due to Gazprom buying ...