EGF Gazprom Monitor, Issue 32, January 2014

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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 and Lecturer in Energy Politics at the European University of St Petersburg

Key points:

  • EU continues to prepare Statement of Objections despite Gazprom"s December proposals for an early settlement
  • Gazprom breaks record in gas exports to Europe in 2013 with 16 percent y-o-y increase in gas export volumes
  • Gazprom-OMV contractual adjustments "unaffected" by EU antimonopoly investigation
  • Dutch gas production set to decline in 2014-15 — Could Gazprom fill the gap?
  • Putin outlines Russia"s position regarding Ukraine: the gas debt still needs to be paid and the Russian government is prepared to work with whoever is in power in Ukraine
  • Nord Stream: EU and Gazprom agree on full use of OPAL pipeline
  • EU and Russia continue to negotiate over the application of Third Party Access legislation to the South Stream project
  • Gazprom plans to sign deal with CNPC (China) in May, during Putin visit to China
  • Gazprom completes 100 percent takeover of ArmRosGazprom (Armenia)
  • Gazprom adds fifth tanker to its LNG carrier fleet

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