Russia’s gas plans still mired in politics
The Kremlin will be focused on pipeline negotiations with the EU and the sanctions threats from Washington
The critical issues facing Russian gas exports in 2019 revolved around its pipelines to Europe and the renegotiation of a transit contract through Ukraine, which was agreed at the end of December. Rules determining use of the Opal (Ostsee-Pipeline-Anbindungsleitung) pipeline, the status of Turk Stream and the approval of Nord Stream 2 were also important. All these issues will continue to grind on into 2020. Ukraine transit negotiations were resolved at the end of December, ensuring the transit of Russian gas through pipelines on Ukrainian territory for the next five years. Attempts to diversify away from Europe via LNG and pipelines to the east are also underway, while Gazprom’s pricing str
Also in this section
28 March 2024
The country’s largest gas field is a bright spot for the North Sea, boasting cleaner operations amid a changing mood in Europe over hydrocarbons
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources