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OSW Commentary | | Szymon Kardaś, Ewa Paszyc
Gazprom is determined to continue its efforts to build the South Stream gas pipeline regardless of the slump on the European gas market and the fact that there is sufficient capacity already in the existing transport infrastructure. The…
Analyses | | Ewa Paszyc
On 30 October, Gazprom’s Board of Directors approved a change in the investment programme for this year. The company plans to increase its capital expenditure for investment to around $31 billion (a rise of about 25% compared with the…
Analyses | | Ewa Paszyc
8 October saw the opening ceremony for the second pipeline of Nord Stream, the direct route for Russian gas from Vyborg (Russia) to Greifswald (Germany) via the Baltic Sea. This action means the two pipes of the gas main have now reached…
Analyses | | Ewa Paszyc
On 15 June, Vladimir Putin signed a decree establishing the President’s Commission for the Strategic Development of the Fuel & Energy Complex and Environmental Safety. Putin himself has become chairman of the committee, and the…
Analyses | | Ewa Paszyc
On 16 April, Russia’s Rosneft and America’s ExxonMobil signed documents which laid out the details of the agreements on the strategic co-operation and joint projects of the two companies, signed in January 2011 (on the Russian Black Sea…
OSW Commentary | | Ewa Paszyc
As the difficulties Gazprom has faced in recent years on the European market have multiplied[1], so more and more symptoms have appeared which may suggest that the company’s dominant position is deteriorating. The decision made by the…
Analyses | | Ewa Paszyc
In the period between 30 January and 6 February, Gazprom reduced its supplies to the European market via the Ukrainian gas pipeline network. Reductions in supplies on specific days ranging from 6% to over 30% (in relation to the maximum of…
Analyses | | Ewa Paszyc
On 17 January, Gazpromexport lowered gas prices for five of its European partners: the German company Wingas; France’s GdF Suez; Austria’s Econgas; Italy’s Singerie Italiane; and Slovakia’s SPP. Taken together, they buy about 35 billion m³…
Analyses | | Wojciech Konończuk, Sławomir Matuszak, Ewa Paszyc
On 28 December in Moscow, the energy minister of Turkey, Taner Yildiz, sent Prime Minister Vladimir Putin a note giving Russia permission to build the South Stream gas pipeline through Turkey’s exclusive economic zone. The note’s content…
Analyses | | Ewa Paszyc
Gazprom's reaction was non-confrontational. The company declared its readiness to cooperate with the European Commission, and expressed the hope that its interests would not be jeopardised. Prime Minister Vladimir Putin expressed similar…