EGF Gazprom Monitor, Issue 94, March 2019

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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 Research Fellow on the Natural Gas Research Programme, Oxford Institute for Energy Studies

Key points:

  • Gazprom on the European market: Results of March sales on Gazprom"s ESP;  Gazprom reaches agreement on Hungarian gas supplies as hedge against possible disruptions in transit via Ukraine
  • Nord Stream: Denmark delays issuing construction permit, requests further environmental research; Nord Stream 2 faces delay beyond the end of 2019
  • Southern Corridor: Gazprom launches construction of gas-fired power plant in Serbia; Serbian regulators offer exemptions to Serbian section of Turkish Stream and open season is conducted
  • Ukraine: Naftogaz CEO confident that Nord Stream 2 won"t be launched by 1st January 2020, states Naftogaz willing to sign new transit contract
  • Other: Gazprom launches full-scale development of Kharasavey gas field on Yamal Peninsula
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