EGF Gazprom Monitor, Issue 80, January 2018

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A Snapshot of Key Developments in the External Relations of the Russian Gas Sector

By Dr 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:

  • Gazprom and the EU:
    • Gazprom on the European market:  Gazprom on the European market: Gazprom"s record export volumes to Europe confirmed
    • Gazprom in the Baltic region:  Latvian state-owned AST buys additional stake in national pipeline and gas storage operator, Conexus Baltic Grid, from Itera Latvia
  • Nord Stream:  Nord Stream AG announces 93% utilisation rate for the pipeline in 2017
  • Southern Corridor:  Gazprom receives construction permit for second line of Turkish Stream in Turkish waters, as Russian Foreign Minister calls for "ironclad guarantees" from the European Commission regarding the project
  • Ukraine:  Final award in Stockholm arbitration case over Gazprom-Naftogaz gas supply contract
  • Asia:  India"s GAIL renegotiates LNG supply contract with Gazprom
  • Other news: Novatek indirectly sends first Russian LNG to the United States
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