JRL NEWSWATCH: “Russia seizes on Suez blockage to promote merits of Arctic route” – Financial Times
Moscow is busy highlighting the northern sea route and Nordstream as alternatives for world trade […]
» Read moreTag: Gas
JRL NEWSWATCH: “About the Kremlin Propaganda — Our Democracy Needs To Be Protected” – Bild
“As a dictator, … Putin has continued what he failed to do as a KGB agent in the GDR [East Germany] … his fight against a freedom-loving Germany and a united Europe. For years, Putin has been running riot with impunity in [Germany]. … buying off influential ex-politicians with lucrative oil projects, such as Nord Stream 2. … support[ing] the […]
» Read moreJRL NEWSWATCH: “Where Climate Scientists See Danger, Russia Sees an Opportunity” – Bloomberg
“Rising temperatures in the Arctic are a warning sign for the planet. The melting ice has an economic upside for Russia.” “Russia … fourth-biggest [greenhouse gas] emitter … [also faces Arctic] temperatures … warming more than twice [that of global rates] …. [With] more than a fifth of the planet’s forests, Russia has [had] two consecutive years of record-breaking wildfires […]
» Read moreJRL NEWSWATCH AUDIO: “Biden Faces Decision On Gas Pipeline From Russia That Could Alienate Germany” – NPR
“The Biden administration has to decide whether to alienate Germany … continuing … Trump administration[] sanctions on companies building Germany’s gas pipeline from Russia. … Hundreds of feet below the surface of the Baltic Sea is an enormously long pipeline, snaking from northern Russia to Germany. … Nord Stream 2 … [would] roughly double Europe’s energy supply when … finished. […]
» Read moreGazprom Plans To Start Nord Stream 2 Gas Pipeline This Year
Russia’s gas giant Gazprom plans to commission the controversial natural gas pipeline Nord Stream 2 this year, … TASS reported […]
» Read moreRUSSIALINK: “Gazprom Sets Record High Gas Exports to Europe” – Moscow Times
Russia’s gas exports to Europe hit a record high in January, according to … VTB Capital, as pressure over … Nord Stream 2 … continues to mount […]
» Read moreRUSSIALINK: “Global structure of energy consumption unlikely to change much in coming decades, role of hydrocarbons to remain – Putin” – Interfax
MOSCOW. Jan 25 (Interfax) – The structure of energy consumption worldwide is unlikely to change significantly, with hydrocarbons all the same set to remain in demand for a long period, Russian President Vladimir Putin said on Monday during a meeting of the government with university students to mark the occasion of the country’s Students’ Day. “The whole world is absorbed […]
» Read moreJRL NEWSWATCH: “Russia Prepares Earliest-Ever Arctic LNG Shipment to Asia” – Bloomberg/ Irina Reznik, Anna Shiryaevskaya, Dina Khrennikova, Olga Tanas
“Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning ice in the Arctic … paving the way for a record-long navigation season …. [S]uper-chilled cargo from Novatek PJSC’s Yamal LNG facility in early May will beat last year’s record for the start of eastbound voyages through the Northern Sea Route … […]
» Read moreRUSSIALINK: “U.S. Will Lift Nord Stream 2 Sanctions if Europe Suspends Construction, Says Biden Advisor” – Moscow Times
… The U.S. imposed sanctions at the end of 2019 in an effort to halt the construction of the pipeline, which will transport Russian gas to Europe […]
» Read moreRussia’s Relentless Quest For Arctic Oil
… Confronted with a series of delays, oftentimes quite problematic, … the Russian Energy Ministry has started to gradually soften up long-term objectives […]
» Read moreJRL NEWSWATCH: “U.S. Broadens Sanctions to Thwart Completion of Russian Gas Pipeline” – Wall Street Journal/ Brett Forrest
“New measures target companies that would provide services or funding for vessels working on Nord Stream 2” “… [2019] U.S. Sanctions … focused on pipe-laying vessels for Nord Stream 2 and halted the $10.5 billion [natural gas] pipeline[,] … designed to transmit Russian gas to Germany, 100 miles short … beneath the Baltic Sea. … [A] State Department [web announcement] […]
» Read moreNord Stream 2 Nears Completion After Clearing Another Hurdle
Denmark cleared … the final hurdle to Nord Stream 2 potentially starting operations in Danish waters, while the U.S. continues its attempt to stop the Russia-led natural gas pipeline project […]
» Read moreRUSSIALINK: “What is Nord Stream 2 and Why Might Navalny’s Poisoning Stop Its Completion?” – Moscow Times
The confirmation that Russian opposition leader Alexei Navalny was poisoned with Novichok has heightened calls for Germany to review its support for Nord Stream 2 […]
» Read moreJRL NEWSWATCH: “Belarus’ Soviet-era economy still propped up by Moscow” – Deutsche Welle/ Nik Martin
“Belarus has one of the lowest poverty rates in Europe, but economic growth is anemic due to archaic state-run industries and the ending of Russian energy subsidies. Its biggest political crisis is even more of a threat.” “… Belarus’ dependence on energy-rich Russia is ever more evident …. Moscow has already offered to help bolster security [amidst the current crisis] […]
» Read moreJRL NEWSWATCH: “Russia should rethink its role in new energy economy” – The National (UAE)/ Robin Mills
“Global gas market remains oversupplied and renewables only makes up a small part of the country’s energy mix.” “Russia’s energy sector has so far come through the pandemic better than some might have expected. … Opec+ … has shored up oil revenue and the rouble. But [Russia’s] longer-term outlook is cloudy, both in petroleum and its unstrategic approach to new […]
» Read moreIs This The Next Major Market For Russian LNG?
(oilprice.com – Viktor Katona – Aug. 17, 2020) Russia’s ambitious LNG plans have so far based on two producing assets – the Gazprom-operated Sakhalin LNG and the NOVATEK-operated Yamal LNG. The addition of Yamal LNG into its portfolio has helped to boost its clout (growing from 4% of global LNG trade to 8% currently) yet the actual numbers of assets […]
» Read moreJRL NEWSWATCH: “The U.S. Is Close to Killing Russia’s Nord Stream 2 Pipeline; But it’s a race between slow construction and slower sanctions” – Foreign Policy/ Amy Mackinnon
“Russia’s controversial Nord Stream 2 gas pipeline is close to the finish line – but might be closer to finished as a viable project, after one of the companies involved in laying the pipe on the Baltic seafloor said … it would withdraw …. For years, the United States has tried to kill off Russia’s latest effort to strengthen its […]
» Read morePompeo Says U.S. Will ‘Do Everything’ To Stop Nord Stream 2 Project
… The United States opposes the Nord Stream 2 pipeline, which would run under the Baltic Sea and double Russia’s direct natural gas exports to Germany while bypassing Ukraine […]
» Read moreJRL NEWSWATCH: “There Is No Arctic Axis; Russia and China’s partnership in the north is primarily driven by business, not politics.” – Foreign Policy/ Elizabeth Buchanan
“… [C]ommercial realpolitik is at the heart of [Russia and China’s Arctic] engagement. … [even as it] navigates existing fault lines, such as Beijing’s failure to acknowledge Russia’s annexation of Crimea and Moscow’s nonalignment in the … India-China conflict. … [R]egional cooperation is due to … shared interest[s] in maintaining domestic stability. Long-term economic development ventures and the viability of […]
» Read moreJRL NEWSWATCH: “Putin’s Folly; Pompeo may be in an uproar over Russia’s Nord Stream 2 pipeline, but it is hardly the geopolitical masterstroke he imagines.” – Foreign Policy/ Chris Miller
“As the United States [adds] … pressure … against Nord Stream 2, friction with Germany, which would receive much of the pipeline’s gas, will intensify. …. Many countries in Central and Eastern Europe see the pipeline as a glaring example of German hypocrisy … Berlin lectures them about carbon neutrality and human rights while guzzling fossil fuels from one of […]
» Read moreJRL NEWSWATCH: “Denmark Gives Russia’s Nord Stream 2 Pipeline a Path to Completion” – Wall Street Journal/ Brett Forrest
“U.S. officials fear the pipeline will give Moscow greater political leverage across Europe.” “Denmark granted unexpectedly swift approval for resuming construction of the Russian-backed Nord Stream 2 pipeline in Danish waters, potentially clearing one of … [its] last hurdles …. The pipeline, once finished and certified, will deliver Russian natural gas to Germany …. U.S. lawmakers and officials fear … […]
» Read moreRUSSIALINK: “Denmark Paves Way for Russia’s Nord Stream 2 Restart” – Moscow Times
Russia could restart construction on final pipeline stretch, while U.S. mulls super sanctions bill against project […]
» Read moreRussians Increasingly Angry that They Live in Poverty in a Country So Rich in Natural Resources
(Paul Goble – Window on Eurasia – Staunton, June 28, 2020) The pandemic and associated economic crisis have exacerbated widespread anger among Russians that they live in poverty despite the enormous natural wealth of their country and its sale earlier abroad for more than six trillion US dollars. Had even a small part of that money gone to the people, […]
» Read moreJRL NEWSWATCH: “Why the World Worries About Russia’s Natural Gas Pipeline” – Bloomberg/ Anna Shiryaevskaya, Dina Khrennikova
“A … natural gas pipeline being built under the Baltic Sea from Russia … to the German coast is shaking up geopolitics. Nord Stream 2 … worries … bypassed countries in Eastern Europe … fear[ing the loss of] transit fees … [while also] adding to friction with the U.S., which argues the link would give the Kremlin new leverage over […]
» Read moreNew U.S. Sanctions Unlikely To Derail Nord Stream 2
A bipartisan group of U.S. senators has expressed its intent to put another spoke in the wheel of Gazprom’s 55 BCm per year Nord Stream 2 pipeline […]
» Read moreRUSSIALINK: “Primakov Readings: U.S. can’t afford to contain both Russia and China – experts” – Interfax
… Trump has conditioned the extension of the Strategic Arms Reduction Treaty, also known as New START, on China’s involvement […]
» Read moreJRL NEWSWATCH: “Senators to Announce Sanctions Bill on Russia’s Nord Stream 2 Gas Pipeline” – Reuters
“U.S. senators [reportedly] will announce a bill this week expanding sanctions on … [the] Gazprom-led Nord Stream 2 project … [that] Washington says will make Europe too reliant on Russian gas. The Protecting Europe’s Energy Security Clarification Act[, spearheaded by Republican Senator … Ted Cruz[ and Democratic Senator] Jeanne Shaheen … follows legislation signed by … Trump last year …. […]
» Read moreJRL NEWSWATCH: “Tanker crosses Russian Arctic route without icebreaker assistance; Commercial shipping on the Northern Sea Route starts earlier than ever before.” – Barents Observer/ Atle Staalesen
By late May, a carrier had set out on the icy route without icebreaker escort. “… [S]ea ice along the Russian Arctic coast is quickly vanishing as temperatures … have been reaching record highs. With the retreating ice comes tanker traffic. … [T]he ‘Christophe de Margerie’ … on May [19th] kickstarted this year’s shipping season across the eastern part of […]
» Read moreJRL NEWSWATCH: “Repair, abandon, burn: Russia explores options for historic oil cut” – Reuters/ Olesya Astakhova, Katya Golubkova
“In just a week, Russia has to find ways to cut a fifth of its oil output … and is looking at all options, including putting wells on repair and maintenance to abandoning them entirely and even burning oil, four oil industry sources said. Russia, along with other members of the global oil alliance between the [OPEC] and non-OPEC members, […]
» Read moreQatar And Russia Fight For LNG Supremacy As Prices Fall To Historic Lows
(Oilprice.com – Viktor Katona – April 19, 2020) [Text with charts oilprice.com/Energy/Energy-General/Qatar-And-Russia-Fight-For-LNG-Supremacy-As-Prices-Fall-To-Historic-Lows.html] The 2020 drastic oil price drop, induced by the ever-frightening coronavirus and the Saudi-Russian spat, has ravaged business interests all across the world. US oil producers are facing a new reality – instead of a seemingly watertight growth trajectory, 2020 will most probably witness a decline in annual […]
» Read moreRussia Sees Oil & Gas Income Fall By Almost $40 Billion
(Oilprice.com – Tsvetana Paraskova – March 18, 2020) Russia’s revenues from oil and gas will be US$39.5 billion (3 trillion rubles) lower than planned, due to the tumbling oil prices, Russian Finance Minister Anton Siluanov said on Wednesday, adding that Russia’s budget will be in deficit this year. The coronavirus pandemic and the lower economic activity, coupled with oil prices […]
» Read moreU.S. Senate Hearing Exposes Partisan Differences Over New Russia Sanctions
(Article text ©2019 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Todd Prince – WASHINGTON, Dec. 4, 2019 – article text also appeared at rferl.org/a/u-s-senate-hearing-exposes-partisan-differences-over-new-russia-sanctions/30306449.html) A hearing in the Senate to discuss U.S. foreign policy towards Russia exposed partisan disagreements over whether to impose new sanctions on a rival power accused of “malign” actions, including interference in foreign elections. […]
» Read moreClock Ticking In Congress As Russia Presses Ahead With Nord Stream 2 Gas Pipeline
(Article text ©2019 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Todd Prince – Nov. 18, 2019 – article text also appeared at rferl.org/a/clock-ticking-in-congress-as-russia-presses-ahead-with-nord-stream-2-gas-pipeline/30278828.html) As the impeachment inquiry hogs the spotlight in Washington, another drama in which Ukraine has a role is playing out more quietly — and causing concern in Kyiv, which is watching warily as Russia brings […]
» Read moreJRL NEWSWATCH: “Pipelines From Russia Cross Political Lines; Critics say the Nord Stream 2 project would make Germany too dependent on Russian natural gas and economically punish Ukraine” – New York Times/ Steven Erlanger
“… Radoslaw Sikorski … former Polish defense minister, compared it to the infamous 1939 Molotov-Ribbentrop Pact that allied the Nazis with Stalin’s Soviet Union. … [A] pair of natural gas pipelines known as Nord Stream 2, … would double the capacity of an existing pair of pipelines, Nord Stream …. The pipelines run from Russia directly under the Baltic Sea […]
» Read moreJRL NEWSWATCH: “Russia’s $150 Billion Bet on Arctic Warming; France’s Macron slams the northern shipping route as an ecological disaster in the making, but Asian and European companies are lining up for a share of its (potential) riches.” – Transitions Online/ Ky Krauthamer
“… [Russian has high hopes for] the [Arctic’s] Northern Sea Route [NSR] … owing to the long-term thinning of the ice pack. … [Use of the route] could shorten the journey from East Asia to Europe by up to two weeks. Norway … is skeptical[,] … has concerns about the environmental dangers of increased shipping in the fragile northern environment, […]
» Read moreSuperpowers Are Vying For Power In This New Oil & Gas Frontier
(Oilprice.com – Vanand Meliksetian – August 29, 2019) The Eastern Mediterranean has become a hotbed for tensions between regional and great powers due to the discovery of major energy deposits. The littoral states could potentially earn billions in gas exports while at the same time ensuring a level of energy security, which is rare to the region. However, the on-going […]
» Read moreRussia Could Allow Private Oil Firms To Explore Arctic Shelf
(Oilprice.com – Tsvetana Paraskova – September 4, 2019) The Russian ministry of natural resources is open to the idea that private oil and gas firms could be allowed to explore Russia’s Arctic shelf, where currently only state-held firms Rosneft and Gazprom have the right to operate, Russia’s Natural Resources Minister Dmitry Kobylkin told news agency TASS in an interview published […]
» Read moreJRL NEWSWATCH: “There is no ice left on Northern Sea Route; But the number of ships that set course for the Arctic route still remains low” – Barents Observer (Norway)/ Atle Staalesen
“The Arctic shortcut … connect[ing] Asia and Europe is open and ice-free … [S]hipping appears smooth … [even] for vessels without ice class standards. The last pieces of … [ice] vanished in mid-August … [T]he whole route now is free of ice. … includ[ing] the East Siberian Sea, … normally … [with] the longest-lasting white sheet. … August [to] October […]
» Read moreJRL NEWSWATCH: “Overextending and Unbalancing Russia; Assessing the Impact of Cost-Imposing Options” – RAND/ James Dobbins, Raphael S. Cohen, Nathan Chandler, Bryan Frederick, Edward Geist, Paul DeLuca, Forrest E. Morgan, Howard J. Shatz, Brent Williams
“This brief summarizes a report that comprehensively examines nonviolent, cost-imposing options that the United States and its allies could pursue across economic, political, and military areas to stress – overextend and unbalance – Russia’s economy and armed forces and the regime’s political standing at home and abroad. Some of the options … are clearly more promising … any would need […]
» Read moreRUSSIALINK: “Three Quarters of Nord Stream 2 completed – operator” – Interfax
MOSCOW. Aug 26 (Interfax) – Nord Stream 2 AG has laid 1,855 kilometers of the Nord Stream 2 gas pipeline in the Baltic Sea in Russian, Finnish, Swedish and German waters, the project operator said in a press release This corresponds to 75% of the overall length of the twin pipeline. “Nord Stream 2 AG proceeds with implementing the remaining […]
» Read moreJRL NEWSWATCH: “U.S. Sanctions Against Nord Stream 2 Pipeline: Strategic Hit Or Miss?” – Forbes/ Anna Mikulska
“… the U.S. Senate Foreign Relations Committee advanced a bill that would impose sanctions on the Nord Stream 2 (NS2) pipeline … currently under construction … [that] could bring up to 55 billion cubic meters of Russian natural gas directly to Germany. … [T]he House of Representatives’ Foreign Affairs Committee approved a companion bill. The rationale for the sanctions (beyond […]
» Read moreJRL NEWSWATCH: “Russia’s Sovcomflot Says Arctic Sailings Will Become Routine; CEO of the state-owned shipping giant says melting polar ice will draw more ship operators to Siberian waters” – Wall Street Journal/Costas Paris
“‘The Northern Sea Route shipments are growing …’ [Russian state-owned shipping Sovcomflot] Chief Executive Sergey Frank said … ‘It’s a question of time before all kinds of ships routinely cross it.’ Arctic routes are drawing greater attention as the global climate warms and polar ice recedes, potentially opening new paths between Asia and Europe. The mostly frozen NSR seaway … […]
» Read moreWill The U.S. Slap Sanctions On Nord Stream 2?
(Oilprice.com – Nick Cunningham – May 23, 2019) There is a growing push in the U.S. Congress to slap sanctions on the Nord Stream 2 pipeline. The pipeline under construction would carry Russian natural gas to Germany, and has been a lightning rod of controversy both in Europe and across the Atlantic. Many governments and officials from Eastern Europe fear […]
» Read moreJRL NEWSWATCH VIDEO: “The U.S. Department of Energy’s Rebranded ‘Freedom Gas’ Is a Not-So-Subtle Dig at Russia” – Fortune
[scroll down for video] “… the Department of Energy … [has] touted the expansion of [a] liquid natural gas … facility … by saying that it would spread ‘freedom gas’ to the world. … giv[ing] ‘America’s allies a diverse and affordable source of clean energy’ …. Not only has the U.S. become largely energy independent … the shale boom has […]
» Read moreJRL NEWSWATCH: “Why are Russian stocks so cheap?” – Intellinews/ Ben Aris
“Investors into Russian stocks have almost given up on seeing any of the cash the country’s leading companies generate. The valuation of what should be some of the world’s richest companies are in the basement, as would-be minority investors don’t believe the management will share the billions of dollars in revenue these companies make every year. Russia’s stock market boomed […]
» Read moreRussia Could Take Hold Of China’s Entire Gas Market
“As the trade war between the U.S. and China intensifies … Beijing has vowed to retaliate. … Not only will the trade war impact U.S.-Chinese LNG deals, but it will impact the overall global LNG market since the U.S. is the fastest growing LNG producer ….”
» Read moreRUSSIALINK: “Putin’s New Energy Security Doctrine Preaches Self-Reliance; Updated plan tackles sanctions and global demand.” – Moscow Times
(Moscow Times – themoscowtimes.com – May 15, 2019) Russian President Vladimir Putin has approved a new energy security doctrine preaching self-reliance in the face of geopolitical isolation. Russia has unrivaled energy resources and is the world’s top exporter of gas and its second-biggest of crude oil. The new doctrine replaces the 2012 plan and takes into account threats to Russia’s […]
» Read moreRUSSIALINK: “In Russia’s Arctic, Oil Majors and Reindeer Herders Are Coming Together; Sustainable development and cooperation are replacing encroachment on pastures.” – Moscow Times
(Moscow Times – themoscowtimes.com – NARYAN-MAR, May 15, 2019) Russia’s oil and gas giants are establishing a new model in the country’s Arctic based on sustainable development and cooperation with the region’s native reindeer herders. A decade ago, locals were struggling to sustain their traditional way of life due to the energy firms’ growing encroachment on their pasturelands. And as […]
» Read moreJRL NEWSWATCH: “The UK executives helping Putin burnish Russia’s image; Meeting with top British businessmen could not come at a better time for the Kremlin” – Financial Times/ Henry Foy
“Eleven years ago [BP’s] Bob Dudley … fled [Russia] citing ‘sustained harassment of the company and myself’ and threats to his life allegedly directed by politically connected oligarchs and Russia’s security services. Last month … Dudley, now head of the British oil group, was back, telling … Putin … at the Kremlin that he and the British company ‘deeply appreciate […]
» Read moreRUSSIALINK: “Putin Kicks Off Massive New Gas Field in Russia’s Arctic” – Moscow Times
(Moscow Times – themoscowtimes.com – March 20, 2019) President Vladimir Putin has kicked off the full-scale development of one of Russia’s largest proven gas fields in the Yamal peninsula, the Kremlin reported on Wednesday. The Kharasaveyskoye gas field is located in the Yamal-Nenets autonomous district, a key gas-producing region in an economy that heavily relies on gas exports. This month, […]
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