Russian Oil and Gas Industry: News

Viktor wrote:

Russia plans to sign the contract on western route gas supplies to China in the second quarter of 2015.

and the important thing

Unlike the Power of Siberia, the Altai pipeline has the same resource base as the gas supplies to Europe - Western Siberia

MOSCOW, April 14. /TASS/. Russia has for the first time described in detail what its likely response to the European Union’s new energy concept may look like, and it did so in very clear terms. After 2019 the flow of Russian gas to Europe through Ukraine will run dry. By that time Europe must have its own new pipeline infrastructure up and running: otherwise it will be unable to receive gas from the Turkish Stream pipeline.

Miller said that Gazprom had already begun to lay the Power of Siberia pipeline from East Siberia to China. And another gas carrier, Altai, connecting West Siberia, which is a provider of gas for the European Union, with China would bring into being a common mega market with a single reserve base.

Its emergence will reduce to nothing the value of debates over pricing in Europe, because the Asian market would become the determining factor. And the European idea of a common price does not mean that it will be the lowest price of all — it will be the highest cutoff price.

Abbasi said the 683-mile North South pipeline stretching from southern Pakistan's Karachi to Lahore in the country's northeast is a "substantial start" of Islamabad's cooperation with Moscow.

"This is 100-percent a Russian project. It is being done on a build-own-operate-transfer basis," the minister told Sputnik, adding that Russia will also take part in tenders in the $7.6-billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline later this year.

Vann7 wrote:


since the The Trans Anatolian Natural Gas Pipeline (Tanap), is already under construction
from Azerbaijan to Georgia to Turkey to greece until it reach italy.. This is basically a
South Stream Replacement.

Unless Europe is seeking to 100% replace Russian natural Gaz.. but this TANAP pipe line will
be taking up to 40% of Russia energy to Europe. This will be a major blow to Russian economy.
The Turkish pipeline will be so so.. US and NATO will pressure turkey to sooner either to cancel it or when both pipelines operating.. the Azerbaijan one and the Russian one.. to give priority
to the Azerbaijan Pipeline and nearly dont use the Russian one , aside of a little bit of Gas here or there.

The only positive thing however is that Russia is expanding now to China and and will be selling as much as Azerbaijan will be selling to 6-7 nations to China alone. But also the possibilities to expand to India and Japan and South Korea.. There is also Pakistan Interested..  So there is big business for Russia in Asia.. and with a lot of investment Russia could essentially replace Europe with Asia.

Another positive thing is that Russia will have at least 5-7 more years of grace before Azerbajan
start supplying a significant ammount of Gas to Europe. But it remains to be seen if Europe demand for natural Gas will not increase too . In the case of China ,their consumption of Energy will triple in a decade..  So there are possibilities for expansion but also for Russian energy business to decreate signficatively .. It depends if China will seek to backstab Russia or not
as Europe wants to do... by diversifying to other competitors.

Is really iconic how USA travel 11,000 km away of its territory and seeks to sabotage Russian
legitimate energy business . Is like a really bad and envious competitor. Instead of them minding their noses in their own business to help its own people.. they spend most of their time to sabotage Russia economy. Russia do not go to Mexico or Canada and try to damage US business.  This is why sometimes i wish Russia just nuke the white house and get rid of that
Evil Mafia for once..   Because what they did in Ukraine is more than Hostile ,is crossing a red line.. and if Stalin or any hardline was the president of Russia he will have invaded already Ukraine ,wipe the streets with the banderitas and then declared war against the nations helping them.. One those nukes start falling in US cities is when the dialogue and peace will start and respect ..and a better understanding will magically happen.. When they see no longer can attack Russia and get away with it.

Austin wrote:what will happen on this charges ?

EU charges Gazprom with abusing market position in Central & Eastern Europe

higurashihougi wrote:According to Western "analysist", that is a "disaster" of Putin

http://www.forbes.com/sites/paulroderickgregory/2015/04/20/eus-antitrust-charge-against-gazprom-another-putin-disaster/

max steel wrote:Turkmenistan ? Never heard of such news . Azerbaijan is on the line for diversification ..

eurodialogue.eu wrote:Ashgabat adheres to the policy of selling its gas at the country’s borders, without becoming involved in transportation projects beyond its territory. Accordingly, the European Commission seeks to coordinate a trans-Caspian transportation solution, with Azerbaijan as a linchpin. The trans-Anatolia pipeline to Europe, recently initiated by Azerbaijan with Turkey, due on stream by 2016 and scalable up to 30 bcm per year, opens the way for Turkmenistani gas to Europe. The line is so designed to accommodate significant volumes of Turkmenistan’s gas. Without those volumes, the Southern Corridor to Europe would be stunted, and Azerbaijan would not significantly advance from the role of producer to that of a major transit country for energy supplies to Europe (a role that Azerbaijan would also bestow on Turkey in this case).

max steel wrote:Turkmenistan supplies natural  gas  to China also . Dont know how much resources they have . Azerbaijan resiurces are 10% of russia's acciunted resource .

sepheronx wrote:http://sputniknews.com/business/20150423/1021263363.html

US trying to counter gas deal to Greece.

max steel wrote:

sepheronx wrote:

US trying to counter gas deal to Greece.

Lpl what counter deal they gonna offer ? Costly lng .

nobunaga wrote:Even if Greece starts building TS pipeline(there is a big chance they are playing Russia to get more concesions from EU creditors) Macedonia and Serbia won't do anything to jeperdise they chances to get to EU and they won't buld it if EU doesn't approve.There is no doubt it is a great deal for thoose countries but EU doesn't care about their devolpment but how to squeeze Russia and puppets have to do what they masters tell them.Russia should focus on developing pipelines in asia to china,india and south korea and offc LNG is something well worth investing.EU doesn't deserve cheap russian gas,let them buy it from their american friends at high prices

nobunaga wrote:Even if Greece starts building TS pipeline(there is a big chance they are playing Russia to get more concesions from EU creditors) Macedonia and Serbia won't do anything to jeperdise they chances to get to EU and they won't buld it if EU doesn't approve.There is no doubt it is a great deal for thoose countries but EU doesn't care about their devolpment but how to squeeze Russia and puppets have to do what they masters tell them.Russia should focus on developing pipelines in asia to china,india and south korea and offc LNG is something well worth investing.EU doesn't deserve cheap russian gas,let them buy it from their american friends at high prices

macedonian wrote:

nobunaga wrote:Even if Greece starts building TS pipeline(there is a big chance they are playing Russia to get more concesions from EU creditors) Macedonia and Serbia won't do anything to jeperdise they chances to get to EU and they won't buld it if EU doesn't approve.There is no doubt it is a great deal for thoose countries but EU doesn't care about their devolpment but how to squeeze Russia and puppets have to do what they masters tell them.Russia should focus on developing pipelines in asia to china,india and south korea and offc LNG is something well worth investing.EU doesn't deserve cheap russian gas,let them buy it from their american friends at high prices

Granted - our politicians are mere puppets to Brussels and Washington, but they've announced that we will be a part of the project. Numerous times.
An MOU was signed between Turkey, Greece, Serbia, Macedonia AND Hungary.
A Russian company already started building (digging) the pipeline in Macedonia right after signing said MOU. So that deal is pretty much sealed.

So unless some serious arm-twisting from Washington changes the whole situation, this deal should go ahead.
Same goes for Serbia, their politicians stated continuously that the deal is certain as far as Serbia is concerned.