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Expert View
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The January 2006 Russia-Ukraine gas deal has been temporarily extended to the autumn; a temporary truce largely driven by Russia's position as chair of the G8. There are two events on the horizon with potentially serious implications for the reliability of gas supplies to Europe: Yulia Tymoshenko's appointment as Ukrainian prime minister, and Turkmenistan's decision to hike gas prices to Russia.
Published By Datamonitor
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05 Jul 2006 |
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Expert View
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In stark contrast to their 2006 gas dispute, Ukraine's political leaders bear as much responsibility for the current standoff as their Russian counterparts. Although Kiev perhaps believes that it is in the country's best interests to continue delaying an agreement, such tactics are already eroding support for its situation in Western capitals.
Published By Datamonitor
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08 Jan 2009 |
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Expert View
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Turkish prime minister Tayyip Recep Erdogan delivered a pointed message to European energy markets on a three-day visit to Brussels last week, stating that, if talks on Turkey's accession to the EU remain blocked: "we would of course review our position". This was Ankara 'playing the energy card', and demonstrated how developments through 2008 have changed Europe's energy outlook.
Published By Datamonitor
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26 Jan 2009 |
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Expert View
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Three of Europe's leading gas players have all recently announced upstream investment plans in Russia and the Ukraine. While these plans form a core part of each player's strategy and are certainly judicious in the current climate, the motivations behind them differ markedly.
Published By Datamonitor
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07 Feb 2006 |
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Expert View
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Headlines have tentatively suggested that the Russia-Ukraine gas crisis is coming to a close, and EU monitors are now in place on both sets of borders, independently verifying which party is withholding the gas. However, while this is an important step, the underlying issues remain stubbornly unresolved.
Published By Datamonitor
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15 Jan 2009 |
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CommentWire
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A compromise deal has been struck that will see Ukraine paying twice as much for Russian gas than it has done until now. The agreement follows Russian action to cut pipeline capacity through Ukraine on January 1, 2006. Yet the game of brinkmanship has understandably caused consternation in the EU, raising long term questions over supply.
Published By Datamonitor
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04 Jan 2006 |
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Expert View
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A partnership between Russia's Gazprom and Ukraine's Naftogaz, inconceivable 18 months ago, now looks likely. With Ukraine under pressure to reduce its massive budget deficit, and with Russia keen to shore up a key route to the European gas market in the face of increasing competition, some form of takeover seems imminent.
Published By Datamonitor
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08 Sep 2010 |
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CommentWire
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The EU wants to restructure the import process for non-community gas, in a way that will cut exporters' margins. Unsurprisingly, this has driven Russia's Gazprom to find other outlets for its gas production, with deals underway in Turkey and China. However, it is also still keeping a strong presence in Europe, taking control of its distribution network.
Published By Datamonitor
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19 Jul 2002 |
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CommentWire
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In a world with growing international competition for supplies, Gazprom is reported to have agreed to gradually increase the price that it pays for Central Asian gas, in order to secure supplies from the region that may otherwise be exported to China and to Europe directly via the Nabucco pipeline. As a result, Ukraine may be forced to increase its import prices or risk supply disruption.
Published By Datamonitor
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17 Jul 2008 |
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CommentWire
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The Ukrainian prime minister and Russian president favor new deals to give Gazprom access to Ukraine's oil and gas infrastructure. Yet the country's parliament has passed a new law that will stymie Gazprom's grand strategy because it prohibits Ukraine's gas transmission network from being privatized. The result will be a frustrating thorn in the side of Gazprom's strategy.
Published By Datamonitor
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20 Feb 2007 |
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