Alleviating the EU’s rocky road: a firmer Kiev-Moscow partnership ahead?

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”:

American Shale: Life in Trump Era

The new American president clearly outlined his energy priorities by calling renewable energy a waste of money and placing his bet openly on hydrocarbons. This is excellent news for American shale companies. Just like the significant growth in global oil prices in 2017 and especially early 2018. Everyone would like to know how much oil it can really extract. And there is also the subject of shale gas. The US too aggressively advertises expected dramatic growth in LNG production. It is, however, impossible without substantial increase in the production of gas, once again from shale.

State regulation of the oil and gas sector in 2017, prospects for 2018

NESF traditionally concludes the year with its final report that sums up main events and tendencies of the year. The report analyzes preliminary production results, main state decisions concerning the sector, battles for property, changes in export policies, and, certainly, medium-term forecasts of development of the sector.

Gazprom in Internal, External Gas Markets: How to Share Gas ‘Pie’

The position of Gazprom is quite controversial. On the one hand, after several years of decline in production because of a rise in competition in the domestic market and negative trends in foreign markets, Gazprom is again increasing gas production. It sets record after record in the European market as it meets additional demand. The attacks of independent producers demanding reform of the industry or at least access to export by pipeline have been repelled once again. The company has got a certain respite. On the other hand, political resistance to Gazprom in Europe only increases. The final battle for the position in the future European market is beginning.

Russian Oil & Gas in 2025: Picture of Future

We all want to know what the next few years have in store for the oil and gas industry. Two key approaches to the future are known, including the future of the oil and gas industry. The first is to try and understand what, after all, awaits the industry ahead based on the current trends. The second is to design that very future. Draw a plan that has to be followed. So risks and problems can be avoided in time. The new NESF's report will give you an understanding of what forks the industry is facing and what way attempts are made to have the oil and gas industry choose. The attacks of independent producers demanding reform of the industry or at least access to export by pipeline have been repelled once again. The company has got a certain respite. On the other hand, political resistance to Gazprom in Europe only increases. The final battle for the position in the future European market is beginning.

Fiscal Innovations: from Tax Manoeuvre to New Experiments

The oil industry has insisted that the taxation system should be changed for a long time now. So far, however, every innovation seems to add more problems. For instance, this concerns the tax manoeuvre. There is no intention to carry it through. The promise to cancel the export duty seems to be a prospect of too distant a future. Besides, there seems to be no way the government can think of how to help oil refining, the main victim of the tax manoeuvre. Thus the tax manoeuvre becomes not only long-drawn-out, but increasingly complicated.

Petrochemistry: Rocky Road to Advanced Processing

For years now we have heard the mantra that it is wrong to export crude oil and unprocessed natural gas. That they, in fact, ought to be processed and that finished products ought to be sold. This task, however, is not that trivial. The market for petrochemistry is a separate world and one has to understand if there is a place for our products there. The question is not only if there is enough production capacity; the trouble is there might not be unoccupied market niches. The new NESF report provides an understanding of what the structure of this industry is like today; exactly what products are in demand; what will be in demand in the near future; and whether Russia’s strategy is correct.

World LNG market: Russia, its main competitors

There is a widespread opinion that the gas market is going through irreversible changes. LNG is said to become the main driver of changes; it will tie regional markets of America, Europe and Asia with each other. At present, however, piped gas imports are twice as large as LNG imports. Yet, it would be unwise to deny that LNG is one of the most dynamic segments of the gas market.

Three years under sanctions: their influence on Russia’s fuel and energy sector

Time flies. It has been three years since spring 2014 when Crimea came back to Russia, which was practically immediately followed by anti-Russia sanctions. They affected directly the country’s oil and gas industry that is the main sector of the Russian economy. Sanctions have been in force for quite a while, and it is possible to analyze how Russia’s oil and gas sector has adjusted to sanctions, how fatal are losses of the sector, and how sanctions have influenced the resolve of foreign companies to work in Russia.

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