Tag: Russia

  • Week in Review – March 29 – April 4
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    Week in Review – March 29 – April 4

    Photo by Jerry Mathes II Monitoring Team – John Collins, Bogdan Polishchuk Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era In the preparation for the ‘post-oil era’, Saudi Arabia is planning steps to diversify the economy. One of such steps is the IPO and resulting sale of up to 5% in Aramco field by…

  • Week in Review – March 21 – 28
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    Week in Review – March 21 – 28

    by Lina Nagell and Zachary Waller Photo by Jerry Mathes II New Exports for Russia, Low ruble entices import of Russian goods.  Deputy PM Says Russian Economy Adjusting to Low Oil Prices, Weak Ruble Will Help Stabilize It  Russian Deputy Prime Minister Arkady Dvorkovich said Wednesday that Russia’s economy is adjusting to low oil prices…

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    Traditional gas markets are changing in the Baltics

    by Aaron Wood The Baltic States traditionally have relied solely on Russian gas, as circumstances of both geography and history have prevented them from finding other sources. However, low gas prices following the North American shale boom have made the relatively fungible and versatile LNG more available to nations in need of options. In the…

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    The Week in Review (March 13 – 20)

    The Monitoring Team: Aaron Wood, Pierre Jouvellier Rocket Strike. Gas infrastructure out of commission in Algeria. Algerian Gas Infrastructure Suffers Rocket Strike A Statoil and Sonatrach joint venture in Algeria suffered an as of yet unidentified rocket strike. In Sallah suffered damage to its central processing system on March 18th, although luckily no staff have…

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    The Acceleration of American Energy Exports: Implications for Russia

    As the U.S. started exporting oil and gas to Europe in late February, 40 years after the oil embargo imposed by the Congress, American oil and gas on the European market may have grave implications for Russia.

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    Blog Post – Sergei Komlev of Gazprom Export Gives Presentation at EUSP

    by Henrik Vorloeper Oil and gas like apples and pears On 2nd March 2016 ENERPO students of the European University at Saint Petersburg listened carefully, when Sergei Komlev, Head of Contract Structuring and Price Formation Directorate, Gazprom Export explained Gazprom’s problem in finding the right price for its gas on the markets, especially in Europe. These…

  • ENERPO Workshop Series: Maxim Titov on Russia’s Position at COP21
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    ENERPO Workshop Series: Maxim Titov on Russia’s Position at COP21

    By Michael Roh ENERPO welcomed back Maxim Titov, of the Energy Efficiency Finance Program of the International Finance Corporation of the World Bank Group, for a three-day workshop on Russia’s position in COP21, or the 21st yearly session of the Conference of the Parties to the 1992 United Nations Framework Convention on Climate Change (UNFCCC),…

  • The Week in Review (March 07 – 12)
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    The Week in Review (March 07 – 12)

    The Monitoring Team: Michael Roh, Henrik Vorloeper    The European Union Commission Holds Talks with Gazprom on Anti-trust Case The meeting on March 9th between Gazprom’s deputy chief Medvedev and the European Competition Commissioner Verstegen allegedly turned out to be “mutually acceptable” for both parties in the antitrust case imposed by the European Union against…

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    The Silk Road Initiative: Leading China Towards Energy Charter Treaty Membership?

    by Lina Nagell In an effort to diversify trade routes and sustain growth rates, the Chinese government presented the One Belt, One Road (OBOR) initiative in 2013. One of the major challenges facing the ambitious project, stretching from China to Europe, Africa and Latin America, is long-term cooperation with countries bordering the route and security of investments…

  • News Blog – The EU Releases New Directive on Gas Contracts
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    News Blog – The EU Releases New Directive on Gas Contracts

    by Henrik Vorloeper In February 2016, the European Union Commission proposed a new directive on gas contracts, in which the Commission further extends its control over EU member relations with non-EU suppliers. Even if the new directive might take up to two years, which is according to Platts a normal time exposure to adopt new regulations in…