Main page > Products > The fuel and energy complex of Russia - Series of analytical reports > Gazprom: What Future is in Store for the Company under the «new» Putin and Medvedev?

Gazprom: What Future is in Store for the Company under the «new» Putin and Medvedev?

Gazprom: What Future is in Store for the Company under the «new» Putin and Medvedev?

Gazprom is still the top Russian fuel & energy company. And it is the main company for Vladimir Putin, who remains the main player in the Russian politics and energy industry even though he has chosen to become prime minister.

Now that Putin has been replaced by the Kremlin’s controller of the gas monopoly, its chairman of the directors’ board Dmitry Medvedev, and Putin has promised to assume PM office, political environment does not seem to change much. Nevertheless, the corporation is facing serious objective challenges, from production issues to volatile relations with foreign partners. More especially as the turf war between the dominating Russian power clans is threatening to escalate with new force.

The new study draws results of Gazprom’s work under Putin the president and estimates future development of the main Russian company under Putin the prime minister and Medvedev the president.

It dwells on the following subjects:

  • Possible reshuffle in Gazprom’s management structures

    • Dmitry Medvedev’s departure from the board of directors and arrival of new players
    • Arrival of Zubkov and his role
    • The fate of Chief Executive Miller and his team
    • Possible future relations with Putin’s Cabinet of Ministers
    • Intertwining of clans’ interests in Gazprom
  • Production challenges

    • The threat of gas deficit
    • Consequences of gas prices’ liberalization
    • Transition to long-term contracts
    • The fate of new projects
    • The Eastern Program and the lack of a gas schema
  • Transit challenges

    • «Central Asian Cartel» formation
    • Political crisis in Ukraine and risks for Gazprom.
  • Corporation’s export strategy

    • «Going West» instead of partnership with China
    • Challenges of the energy dialogue between Russia and the USA
  • Medium future projections

The contents of the report:

Introduction 2
Chapter 1. Gazprom after the Presidential Election 3
1.1. New Board of Directors and the Miller Team’s Destiny 3
1.2. Administrative Competition with Rosneft Growing Fiercer 7
1.3. Development Prospects for the Company’s Oil Business 11
1.4. Outcomes of Gazprom’s Expansion into the Power Industry and Development Prospects for this Line of Business of the Monopoly 12
1.5. Tax ‘Paradise’ for Gazprom 14
Chapter 2. Production Issues for the Russian Gas Sector 17
2.1. Difficulty Ensuring the Gas Balance in Russia 17
2.2. Position of Independent Producers 23
2.3. Liberalisation of Gas Prices and Gazprom’s Investment Plans 24
Chapter 3. Gazprom in the Former Soviet Union. Difficulties Relating to Control of Gas Transit to Europe 29
3.1. Overall Situation in the Former Soviet Republics’ Gas Markets 29
3.2. Emergence of Central Asia Gas Cartel 31
3.3. ‘Gas Wars’ with Ukraine 35
3.4. Belarusian Front: So Far So Good 39
Chapter 4. Gazprom Export Strategy. Prospects for Entering New Markets 41
4.1. 1 Difficulties of Energy Dialogue with Europe. Prospects for an ‘Organisation of Gas Exporting Countries’ 44
4.2. Nord and South Streams: A Clamp for Europe or Reliable Gas Supply? 47
4.3 Struggle for North Africa 50
4.4. Chinese Front 51
Chapter 5. Forecast of Developments 53
5.1. Hierarchy of Control over Gazprom 53
5.2. Gazprom Development Strategy: From Acquisitions to Large-scale Investment in Production 54
5.3. Acquisition Prospects 55
Date of issue May 12, 2008

If you are interested to obtain please contact » Elena Kim

Other issues:
Bookmark and Share

Analytical series “The Fuel and Energy Complex of Russia”:

Outlook for Russian LNG Industry
Russian Energy and West One Year after Ukraine Conflict Began: Are There Connections Still?
Green Agenda in Russia during Bitter Conflict with West
After February 2022 the agenda was radically rewritten. Western companies began leaving Russia en masse, economic relations with the West were drastically reduced, and the Russian economy began to be pushed violently from the global economic space, hemmed in by sweeping sanctions. All that was, to put it mildly, not the best background for talking about ESG. Especially because tasks of survival and stability under unprecedented pressure became the priority in the economy. In late 2022, however, attempts to reanimate the ESG agenda already became obvious. The message is put across insistently that it is important to Russia regardless of the foreign policy situation. While earlier the “green pivot” was seen as an opportunity to attract Western investors and their technological solutions to Russia, now Keynesian reliance on domestic manufacture is discussed.
Oil and Gas Sector Regulation in 2022 and Prospects for 2023
Gazprom at the Forefront of Economic and Political Battles with Europe
Gazprom is being actively thrown out of the market. Its annual supplies to Europe have shrunk from the previous 150 billion to 65 billion cubic metres of gas. European officials assure that they have already learnt how to live without Russian gas, so they will bring its purchases down to but nominal values in 2023. Their main hope is liquefied natural gas. Today the EU must make a crucial decision: whether it has passed the point of no return in gas business with Russia and whether it is certain that its economy will endure without supplies of Russian pipeline gas. Or, on the contrary, Europe will realise after all that the gas balance will not be achieved and the payment for so headlong a rush for LNG will be disproportionate. Assessment of the potential volume of LNG that will appear on the market before the end of the current decade will be the most important factor for making the decision.

All reports for: 2015 , 14 , 13 , 12 , 11 , 10 , 09 , 08 , 07

Rambler's Top100
About us | Products | Comments | Services | Books | Conferences | Our clients | Price list | Site map | Contacts
Consulting services, political risks assessment on the Fuel & Energy Industry, concern of pilitical and economic Elite within the Oil-and-Gas sector.
National Energy Security Fund © 2007

LiveInternet