EGF Gazprom Monitor, Issue 19, December 2012

Subscription Options

Regular subscription
Annual
175.00 € BUY
Quarterly
80.00 € BUY
or
Buy this issue
30.00 € BUY

Log into your personal EGF Web Shop account

A Snapshot of Key Developments in the External Relations of the Russian Gas Sector
By Jack Sharples, EGF Associate Researcher on the external dimensions of Russian gas

Key points:

  • Reports claim that Gazprom plans lower European gas export prices for 2013 in a bid to compete with spot price contracts, while Russian officials continue to press for exemptions from the Third Energy Package for Nord Stream and South Stream
  • Sources report that Gazprom could lower its gas export price for Ukraine for 2013 from the predicted $421 per thousand cubic metres to $352, as Ukrainian President, Viktor Yanukovich, announces a last-minute postponement of his meeting with Russian President, Vladimir Putin, in Moscow to discuss Russian-Ukrainian energy relations
  • Gazprom holds a ceremony to mark the start of the construction of South Stream, but the EU remains sceptical about the implementation of the project due to the lack of necessary assessments and permits
  • The Estonian government refuses permission for Nord Stream AG to conduct research in Estonia"s territorial waters, as part of plans for Nord Stream"s proposed expansion
  • Gazprom"s second-largest European customer, Turkey, proposes increasing its Russian gas imports by 3 bcm "in the near future"
  • Gazprom restarts high-level talks with the Chinese National Petroleum Corporation (CNPC) over Russian gas deliveries to China, with the two sides united by a focus on the Altai pipeline, but divided over gas prices
  • Two months after missing out to Rosneft on a lucrative deal to supply gas to Russian electricity utility, Inter RAO, Novatek signs a $4bn deal to supply 27 bcm to Moscow-based electricity generator, Mosenergo, as Gazprom loses more of the domestic Russian gas market

Previous issues
2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010