EGF Gazprom Monitor, Issue 35, April 2014

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:

• Special report on Ukraine: Naftogaz, Gazprom, debts and prices: the saga continues
• In a bid to limit its dependence on Russian gas, Naftogaz seeks alternative supplies from Europe
• South Stream divides EU as OMV (Austria) breaks ranks to sign deal
• EU continues formulating "statement of objections" in antitrust probe as Gazprom and EU representatives confirm interest in retaining mutually beneficial energy relations
• Russian government seeks talks with EU over energy legislation in possible first step towards WTO arbitration
• Gazprom claims progress in talks with CNPC, expects contract to be signed in May
• Gazprom reports 2013 financial results in accordance with international financial reporting standards (IFRS)
• Gazprom and Turkey consider expansion of Blue Stream from 16 bcm to 19 bc