Ukraine May Give Russia Joint Control of Pipe to Cut Gas Prices
Ukraine is willing to give Russia joint control of a pipeline to southeastern Europe in exchange for access to natural gas supplies, Prime Minister Mykola Azarov said as the countries negotiate a gas venture. READ MORE
Gazprom, Uzbekneftegaz chiefs hold meeting in Moscow
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Ulugbek Nazarov, Chairman of the Uzbekneftegaz national holding company’s Management Committee. READ MORE
Bulgarian Government Skeptical on South Stream Project
Gazprom CEO Aleksei Miller held talks in Sofia on February 16 “to activate work on the South Stream project in Bulgaria”. Bulgaria is the country most pivotal to South Stream. The pipeline is planned to run from Russia across the Black Sea to Bulgaria, and from that country to bifurcate toward central and southern Europe. READ MORE
Berlin–Rome–Ankara
Following the results of the meeting with Turkish Prime Minister Recep Tayyip Erdogan his Russian colleague Vladimir Putin suggested to deepen the cooperation within energy sphere by assets exchanging. First of all the case is about the access to the resources of Black and Caspian Sea and the gas transporting system of Turkey. Also Ankara promises to arrange all approvals for the South Stream piping till November. Gazprom says that now Turkey stands in one list with its other strategic partners – Germany and Italy. READ MORE
Gazprom In Europe: Russian Government Plans To Share Part Of Yamal Gas Resources
The Russian government plans to share bits of the giant Yamal prize with international companies. However, rather than a sign of liberalism, this represents an attempt to address the fundamental challenges that the expanding Gazprom is facing in Europe. READ MORE
Azerbaijan-Russia Gas Agreement: Implications For Nabucco Project
On October 14 in Baku, Azerbaijan’s State Oil Company president Rovnag Abdullayev and Gazprom CEO Aleksei Miller signed an agreement on Azerbaijani gas exports to Russia. The move is a logical follow-up to the June 29 agreement, signed by the same company chiefs –in the presence of Presidents Ilham Alyiev and Dmitry Medvedev in Baku on that occasion– on the main principles of the gas trade between the two countries. READ MORE
Russian Energy Strategy – The Domestic Political Factor
In 2003 a team of Russian foreign policy and energy experts wrote a 70 page memo about the role of Gazprom, the state-owned gas monopoly, in Russia’s domestic politics and the country’s foreign policy strategy. The document was distributed to a limited number of consumers and was never published. It is in the possession of the Jamestown Foundation. READ MORE
Medvedev Suppressed Putin and Timoshenko
Dmitry Medvedev interfered into Russian-Ukrainian gas talks. READ MORE
Gazprom's Investment Strategy Runs Out Of Steam
Russian state-run gas giant Gazprom has cut its investment program in response to the difficulties it faces in the current economic downturn. These cost-saving measures contrasted sharply with Gazprom's pledge last year to become the world's largest company. Such efforts were supported by the Russian government. On July 13, the cabinet approved Gazprom's revised investment program worth 775 billion rubles ($25 billion) or 15.8 percent down from its 920 billion rubles ($29.7 billion) planned earlier. At a cabinet meeting, Prime Minister Vladimir Putin conceded that Gazprom's January-June 2009 production was 20.8 percent down year-on-year. However, Putin voiced confidence that Gazprom's production and sales will return to their pre-crisis levels eventually. READ MORE
Baku March
Dynamism of Azerbaijani foreign policy due to the enhancement of its role within the issues of energy security is the main factor of contemporary international policy. READ MORE
