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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…
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…
Analyses | | Tomasz Dąborowski, Ewa Paszyc
Russia and Bulgaria have drawn the framework for agreements regarding South Stream and new gas contracts, but the negotiation process is still far from over.
Analyses | | Ewa Paszyc
Gazprom’s Annual General Meeting on 25 June saw no changes in the makeup of the company’s management. Despite the worst production and financial results in recent years, Gazprom did not announce any serious revision of its policies.…