EU warned against relying on shale gas, urged to invest in Russian project

Russian Gas Facility file photo

(Interfax – Moscow, 20 November) The European Commission’s investigation makes one wonder whether Brussels wants to be receiving Russian gas in increasing amounts, the deputy chairman of Gazprom’s board, Aleksandr Medvedev, told the Russia’s Gas forum. “The European Commission recently began an investigation in relation to Gazprom group (RTS: GAZP) and some of its partners, which makes one wonder whether […]

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Rosneft to Replace Gazprom as Energy Driver on TNK Deal

File Photo of Rosneft and Russian Flags Next to Rosneft Banner

(Bloomberg – bloomberg.com – Anna Shiryaevskaya – October 19, 2012) OAO Rosneft (ROSN)’s proposed acquisition of TNK-BP will accelerate the state oil company’s eclipse of OAO Gazprom (OGZD) as the dominant force in Russia’s energy industry. President Vladimir Putin used Gazprom, the world’s biggest natural gas producer, to assert Russia’s energy power over the past decade, winning pipeline deals and […]

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SUMMARY: Gazprom’s Gas Pipeline Lineup

MOSCOW. Oct 9 (Interfax) – Gazprom (RTS: GAZP) is ever more aggressively pushing itself onto the European market. Upon launching Line 2 of the Nord Stream gas pipeline on Monday, the Russian gas giant announced that additional capacity should be built in this direction. The new project could tentatively be called Nord Stream-2, although its potential participants and markets are […]

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