The Future of Russian Gas and GazpromOxford University Press, 2005 - 270 pagina's The Russian gas industry provides 50% of Russian domestic energy supplies, a substantial proportion of CIS gas supplies, and around 20% of European gas demand. Declines in production at existing fields mean that Gazprom will face increasingly difficult decisions about moving to higher cost fields on the Yamal Peninsula. The alternative will be increasing imports from Central Asian countries and allowing other Russian gas producers to increase their role in the industry. Russian exports to Europe will gradually increase and deliveries of Russian LNG will commence to Asia and the both coasts of North America. Pipeline gas deliveries to East Asian countries may have a longer time horizon. Export projects aimed at new markets will depend crucially on the maintenance of (oil and) gas prices at the levels of 2003-05. European exports will also depend on the pace of EU market liberalisation and Gazprom's ability to agree mutually acceptable terms for transit, principally with Ukraine and Belarus. Reform, liberalisation and restructuring of the Russian gas industry have been more substantial than has generally been recognised. Most important has been price reform which, in 2005, allowed Russian industrial customers to become profitable to serve at regulated prices. Price increases may significantly reduce future increases in domestic gas demand. The increasing need for production from companies other than Gazprom will ensure that liberalised access to networks expands considerably over the next decade. In the 2000s, Gazprom reclaimed its CIS gas business from intermediaries, while maintaining its de facto monopoly of exports to Europe and establishing a similar degree of authority over future exports to Asia. The merger of Gazprom and Rosneft will provide the potential to become a force in the domestic and international oil markets, particularly given the authority that the president has conferred on the company in terms of Russian energy policy. |
Inhoudsopgave
Distribution and Sales | 38 |
The Potential Impact | 50 |
CIS Gas Trade and Transit | 66 |
Export Strategy and Challenges Europe | 109 |
72 | 126 |
Asia | 144 |
Liquified Natural Gas LNG Exports to the United States | 162 |
Summary and Conclusions | 197 |
Reform and Restructuring | 210 |
Notes | 223 |
Bibliography | 263 |
Overige edities - Alles bekijken
Veelvoorkomende woorden en zinsdelen
agreement Alexander Ryazanov Alexey Miller Asia Bcm of gas Bcm/year Belarus Beltransgaz Blue Stream Central Asian gas Chapter CIS countries commercial cost customers deliveries domestic economic Energy Charter Treaty EU-Russia European Gas Markets exports to Europe gas companies gas demand gas fields gas industry gas prices gas production gas trade Gazprom Press Release important increase independent gas Interfax Petroleum Report International investment Itera joint venture Kazakhstan liberalisation Loan Notes Lukoil major Mezhregiongaz Moldova natural gas negotiations North European Pipeline Novatek Oil and Gas period pipeline gas political problems Putin reform region regulated prices Republic reserves Rosneft Ruhrgas Russian Energy Strategy Russian gas exports Russian gas supplies Russian government Sakhalin sector share Shtokman Shtokman field Siberia significant Soviet substantial suppliers Table tariffs transit transmission transportation Turkmen Turkmen gas Turkmenistan Ukraine Ukrainian Urengoy volumes Western Siberia Wingas www.gazprom.ru Yamal Peninsula Yamal pipeline Yamburg