Русская версия

( Translate with Google )

Main page > Products > The fuel and energy complex of Russia - Series of analytical reports > Sanctions Against Russian Oil and Gas: Coil Tightening

Sanctions Against Russian Oil and Gas: Coil Tightening

Sanctions Against Russian Oil and Gas: Coil Tightening

The optimistic forecast about the development of relations with the US has not come to pass. Not only Western sanctions have not been lifted, but they have been made even heavier.

The latest “strike” was inclusion of Russian legal entities and individuals in an SDN list. There are not many fuel and energy companies on the list, but there are persons on it who are significant for the industry. Besides, the list is definitely not closed.

Our report will explain what exact projects have already been frozen. How the new sanctions work. Where Russian companies look for funding. Whether non-residents are scared. How the industry views and experiences sanctions. Whether they have become a disaster.

In the report you will find answers to the following questions:

The impact of sanctions on the financial position of Russian companies
- How sanctions have affected lending support for Russian oil and gas corporations
- Where companies get resources for investment
Sanctions and upstream
- Analysis of launched greenfield projects: why sanctions have so far not affected production
- What will happen next: to the Bazhenov, Domanik, and Khadum formations, the continental shelf
- New technological solutions: sanctions a brake or a catalyst?
- How quickly is proprietary technology for producing hard-to-recover reserves being created in Russia?
Participation of Western investors in upstream oil projects in Russia
- Are non-residents fleeing?
- A map of active projects
Fire at pipelines
- The gas industry under sanctions
- The impact of sanctions on gas production and especially export
- The US fight against pipeline projects
- Why have sanctions not been imposed on LNG production technologies?
The fight for the oil service market in the context of sanctions
- Dependence on foreign service companies
- The proportion of foreign equipment in the Russian oil and gas industry
A medium-term forecast of developments

Contents of the report:

Introduction	3
Chapter 1. Evolution of Financial Sanctions against Russia, Their Influence on Russian Oil and Gas Companies	5
Financial Sanctions by Country	5
Financial Sanctions by Country	12
Financial Sanctions by Country	25
Chapter 2. Oil Production in Russia during Sanctions Wars	33
Chapter 3. ‘Untouchable Gas’: Russian Gas Industry in New Round of Sanctions	52
Chapter 4. Fight for Oil Service Market in Context of Sanctions	64
Forecast of Developments	73

Date of release:	June 25, 2018

If you are interested to obtain please contact » Elena Kim

Other issues:

Special report:

Nord Stream 2 and Ukraine: Costs Should Decide

There has been much discussion about how Russia – Europe’s biggest gas supplier – can continue to supply gas to Europe over the coming decades in the most secure and cost efficient way. Gazprom and its European partners have decided that building two additional pipelines through the Baltic Sea (Nord Stream 2) is the best commercial solution to secure future gas supplies for the EU, where gas production continues to decline and demand is expected to grow.

Shale Revolution: Myths and Realities

The boom in shale gas production in the US and its wide-ranging influence on markets rocked the gas world. Liquefied gas deliveries were redirected, altering the already fragile balance of demand and supply in traditional markets for pipeline gas in Europe.

Liquefied Natural Gas Outlook: Expectations and Reality

World market has shown interest to liquefied gas. Russia has so far been aside of it. However, producers have announced several large LNG projects. The new study will help investigate this delicate subject and understand what is in store for LNG production and export in the nearest years.

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

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

The year 2022 was very tough for the Russian oil and gas industry. After February 24, the industry was subjected to the most severe sanctions. However, their influence was quite different. Nevertheless, the industry is entering the year 2023 with anxiety. The EU intends to continue to reduce purchases of Russian gas, which will inevitably affect Russian revenues. The launch of new LNG plants is in question due to technological sanctions. Another question is about the green agenda. Thus, it is a big question whether it is reasonable to keep insisting on accelerated energy transition in Russia.

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.

Russian Oil Sector under Sanctions Pressure: Lessons of Survival

The pressure of sanctions on the Russian oil industry is rising. An embargo on seaborne oil supplies from Russia to the EU took effect on 5 December. Simultaneously into operation went the mechanism of a price cap invented by the US and supported by the G7 countries, the EU, Australia, Norway, and Switzerland. Meanwhile, these are by no means the first sanctions introduced against the industry since the beginning of the special military operation. The NESF report will enable summarising the first results of the oil industry’s response to the heavy sanctions and seeing how successful resistance to this pressure has been.

Arctic Projects during Energy Pivot to East

The 24 February 2022 events have, on the one hand, radically rewritten the economic agenda and, on the other, revealed the actual status of projects that have been said to be actively developing for many years now. While before the heavy sanctions one could turn a blind eye to the implementation rates of the plans that were constantly voiced by high-ranking officials, now the fate of the Russian economy depends on their status without any exaggeration. One of them is the Arctic

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