Via Stratfor (subscription required), a detailed look at Gazprom’s troubling declines in both production and export values in 2008 and even sharper falls predicted for 2009. As the article notes, less revenue for Gazprom translates into less influence for Russia and could have long-term implications for Moscow’s relationship with Europe and the United States: “…Figures […]
Read more »Via The Moscow Times, a report on how one owner of RosUkrEnergo would solve future gas problems. As the article notes: “…Russian, Ukrainian and European investors would each own a third of the company, Firtash said in an interview Saturday. He controls 45 percent of Swiss-registered RosUkrEnergo, the sole importer of gas to Ukraine since […]
Read more »Via The New York Times, a report that Kuwaiti investment firm Noor Financial Investment Co. will join with the Russian oil and gas giant’s Gazprom Geofizika subsidiary to form one venture in Russia and another in Kuwait. As the article notes: “…Both joint ventures will provide oil and gas production, repair and maintenance services. …Gazprom […]
Read more »Via The Times, an interesting look at Gazprom’s cash woes and the opportunity that such a crunch may afford Western companies. Specifically, an obvious solution to the Ukrainian crisis is for a cash-rich EU utility, such as Gasunie of the Netherlands, to buy the Ukrainian transit pipelines, offering long-term money that could be used to […]
Read more »Via Robert Amsterdam’s fine blog, an interesting analysis of Italy’s ENI’s efforts to penetrate the Libyan market in partnership with Gazprom. As the article notes: A few days ago, the CEO of the Italian energy group Eni told everybody he felt calm and “serene” with regard to Gazprom’s decision to cut off all gas flowing […]
Read more »Via Stratfor (subscription required), insightful analysis on how the latest round of the Russia – Ukraine gas pipeline “war” may turn out. As the article notes: “…Russian natural gas behemoth Gazprom has made Ukraine a new offer for the purchase of natural gas Jan. 4, this time raising its price from $179 per thousand cubic […]
Read more »