... exchanges. I think Turkey is just bargaining with Russia. Turkey wants to get new long-term contracts with Gazprom and the Turkish company Botas, based on a formula: market price minus a percentage, i.e., at a discount. This would allow Botas to resell Russian gas to other clients at higher prices, ensuring guaranteed profits,” Yushkov says. However, Russia has a reasonable question: if we allow Turkey to become intermediaries and earn money from reselling our gas, what will Turkey give us in return? Turkey ...

... week. This statement was not surprising, as Ukrainian authorities have repeatedly stated this intention. The current contract for gas transit with Ukraine expires in December 2024. Experts had speculated that Gazprom might still be able to transit Russian gas through Ukraine without a formal contract by booking gas transit capacities via auctions, as is common practice in Europe, for periods of one, three, or even six months. However, Mykhailo Podolyak, an advisor to Zelensky’s office, recently stated ...

... digitalization are considered. 1. Gazprom Sector: Oil and Gas Investments in 2023: RUB 2,519.1 billion Investments in 2022: RUB 2,294.5 billion Gazprom's main assets 1. Gas fields Gazprom has the world's largest natural gas reserves, accounting for over 70% of Russian and about 16% of global gas production. Key fields: Bovanenkovo field: One of the largest on the Yamal Peninsula, with confirmed gas reserves of over 4.9 trillion cubic meters. This field is the basis for long-term provision of domestic and export demand. Kruzenshternskoye field: ...

... American LNG, and Europe's transition to "green energy" have changed the geopolitical and economic picture. In this article, we examine in detail how the company is adapting to the new realities, which markets can become salvation for the Russian gas giant, and what this means for investors and traders. A New Reality for Gazprom: The End of 60 Years of Cooperation with Europe The European gas market, which has been a stable source of income for Gazprom ($GAZP) for decades, has radically transformed....

... Russian LNG with American LNG will affect the European market and investors. The current situation with LNG consumption in Europe Europe is actively increasing its LNG consumption, especially after the 2022 energy crisis caused by the restriction of Russian gas supplies. According to the International Energy Agency (IEA), in 2023, LNG import volumes to Europe exceeded 140 billion cubic meters, with more than 20% of these supplies coming from Russia. Europe's technical capacity to receive LNG is still limited,...