Monthly Archives: April 2014

Is Gazprom’s Pipeline Export Monopoly Under Threat?

by Andras Szekely Gazprom has a reputation of being the ultimate monopolist, the company on which both Siberian babushkas and German industry are dependent. Since Alexey Miller was appointed CEO of the company, Gazprom has played a crucial role both in the domestic Russian market and in the European gas market. For a long time […]

American LNG Export to Save Europe from Gazprom is Mostly Hot Air

by Michael Camarda In the search for ways to punish Russia for its military incursion into and subsequent annexation of Crimea, the US and EU have both imposed sanctions, visa restrictions, assets freezes on Putin’s inner circle, as well as suspended Russia’s G8 membership. The more vaunted sectoral sanctions, with finance and energy being the […]

Reimagining the Petrodollar

by Colin Chilcoat Cryptocurrencies, or digital mediums of exchange, have been trading since 2009. Bitcoin (BTC), the first of these alternative currencies to become available, recently traded at values greater than 1,000USD/1BTC. The digital currency has gained notoriety for its use on the Silk Road, a virtual black market, which deals heavily in the trade […]

Financial Turbulence in the CPR – China’s First Ever Corporate Bond Default

by Anthony Guida Rising debt levels, unhealthy excess capacity and a rickety financial system are some of the many descriptions offered by journalists of China’s current economic conditions following Premier Li Kequiang’s speech during the annual National People’s Congress session, where he stated that “China is braced for a wave of industrial bankruptcies as its […]

Workshop Review: Sergey Komlev of Gazprom Export – Pricing on the European Gas Market

by Tsvetalin Radev, Athina Sylaidy, and Colin Chilcoat The European Union’s Third Energy Package has become a reality, thus increasing the level of liberalization of the European energy markets. Moreover, the European Commission has launched an anti-trust lawsuit against Gazprom, as the Russian gas monopoly has allegedly been hindering competition in Eastern and Central Europe. […]

Workshop Review: Andrey Kostin, Chief of VTB – Russia and Europe: Past, Present, and Future

by Nicholas Watt On April 4, 2014 European University at St. Petersburg welcomed VTB chief, Andrey Kostin, to the Golden Hall for his presentation entitled “Russia and Europe: Past, Present, and Future.” Kostin was introduced by Rector Oleg Kharkhordin to an audience of students and professors eager to hear what the head of one of […]