A Snapshot of Key Developments in the External Relations of the Russian Gas Sector
By Jack Sharples, EGF Associate Researcher on the external dimensions of Russian gas and Lecturer in Energy Politics at the European University of St Petersburg

Key points:

• The calm before the storm: Gazprom fails to assuage EU concerns over pricing as EU continues preparing statement of objections in antitrust investigation
• Gazprom set to extend contract with Greece
• Gazprom agrees to withdraw from management of Amber Grid, and offers Lithuania lower gas price
• Russian loan to Ukraine strongly tied to Naftogaz’s debt to Gazprom
• Nord Stream AG completes feasibility study for expansion, with UK as target market
• South Stream consortium signs pipe supply contract for offshore section as Gazprom presses ahead with the project, despite uncertainties
• Gazprom and Shell sign roadmap for third LNG train at Sakhalin-II
• Gazprom HQ could relocate from Moscow to St. Petersburg by 2015

• February 27, 2014

Credit Suisse's chief executive will hit back at allegations the Swiss bank was a willing accomplice in U.S. tax evasion on Wednesday, blaming instead a small group of its private bankers for helping Americans conceal their wealth.

• February 26, 2014

Britain will pay attention to Russian military activities and opposes outside interference in Ukraine, the British defense secretary said on Wednesday after Moscow ordered an urgent drill to test its armed forces across western Russia.

• February 26, 2014

India has decided to block investigations by the United States into its trade policies and patent laws, and prepare for a battle at the World Trade Organization (WTO), a move that could escalate already-strained tension between the two countries.

• February 25, 2014

Germany is set to accelerate away from France and Italy in 2014 as the fragmented euro zone economy gradually recovers from its worst crisis, the European Commission said on Tuesday.

• February 25, 2014

A mild winter in Europe means the continent is less reliant on Russian gas pumped through Ukraine than in past years, easing worries that the crisis in Ukraine could hurt supplies.

• February 24, 2014

Egypt's government has resigned, the prime minister said on Monday, paving the way for army chief Field Marshal Abdel Fattah al-Sisi to declare his candidacy for president of a strategic U.S. ally gripped by political strife.

• February 24, 2014

Edition #6
02/24/2014
On 23 February 2014, the Ukrainian parliament passed a resolution authorizing speaker Oleksandr Turchynov to act as the president of Ukraine until a new head of state is elected. The presidential election has been set for 25 May 2014. READ MORE

• February 24, 2014