Tag Archives: export

The Week in Review – April 11-18

Monitoring Team – Pierre Jouvellier, Bogdan Polishchuk Iranian natural gas, what about a floating liquefaction plant? Since the US sanctions against investments in energy projects have been lifted, Iran is seeking to send its natural gas to Europe. The Iranian Oil Company is currently holding negotiations with a Norwegian company in order to build a floating […]

Tax Changes in Russian Oil and Gas

by Zachary Waller No matter where in the world you are, taxes are a complicated thing if you’re a large business. Russia is no exception to this rule. With the fall in oil and natural gas prices (and subsequent decline in state tax revenue from the sector), the Russian Federation (specifically the Russian Ministry of […]

ENERPO Workshop: Drebentsov, BP’s Chief Economist for Russia and the CIS

by John Collins Amidst the vortex of uncertainty surrounding world hydro-carbon markets, Mr. Vladimir Drebenstov, the chief economist for BP in Russia and the CIS, arrived last Wednesday at the European University to give a presentation aptly entitled the Changing World of Oil and Gas, and included projections from the latest BP Energy Outlook. The presentation […]

The Week in Review – April 04 – 10

Photo by Jerry Mathes II The Monitoring Team: Aaron Wood, Henrik Vorloeper Doha meeting turns out to be a farce already The high expectations set on the meeting between two major oil producing countries Saudi-Arabia and Russia to take place in April 2017 has already razed all hopes for those who have an interest in […]

No Recovery in Sight for Libyan Oil Production

by Bogdan Polishchuk The situation in Libya has deteriorated in recent months following the ouster of Gadafi in 2011. Libya is an OPEC member and has the largest oil reserves in Africa. Bloomberg surveys suggest that Libya produced 370 000 bpd (barrels per day) of crude oil in December 2015. However, the country easily topped the paltry […]

Week in Review – March 29 – April 4

Photo by Jerry Mathes II Monitoring Team – John Collins, Bogdan Polishchuk Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era In the preparation for the ‘post-oil era’, Saudi Arabia is planning steps to diversify the economy. One of such steps is the IPO and resulting sale of up to 5% in Aramco field by […]

Week in Review – March 21 – 28

by Lina Nagell and Zachary Waller Photo by Jerry Mathes II New Exports for Russia, Low ruble entices import of Russian goods.  Deputy PM Says Russian Economy Adjusting to Low Oil Prices, Weak Ruble Will Help Stabilize It  Russian Deputy Prime Minister Arkady Dvorkovich said Wednesday that Russia’s economy is adjusting to low oil prices […]

Traditional gas markets are changing in the Baltics

by Aaron Wood The Baltic States traditionally have relied solely on Russian gas, as circumstances of both geography and history have prevented them from finding other sources. However, low gas prices following the North American shale boom have made the relatively fungible and versatile LNG more available to nations in need of options. In the […]

The Week in Review (March 13 – 20)

The Monitoring Team: Aaron Wood, Pierre Jouvellier Rocket Strike. Gas infrastructure out of commission in Algeria. Algerian Gas Infrastructure Suffers Rocket Strike A Statoil and Sonatrach joint venture in Algeria suffered an as of yet unidentified rocket strike. In Sallah suffered damage to its central processing system on March 18th, although luckily no staff have […]

The Acceleration of American Energy Exports: Implications for Russia

As the U.S. started exporting oil and gas to Europe in late February, 40 years after the oil embargo imposed by the Congress, American oil and gas on the European market may have grave implications for Russia.