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Who will get access to the Ukrainian pipeline instead of Gazprom?
... to allow Gazprom to participate in auctions for booking pipeline capacities but is open to working with other non-Russian companies.
On the surface, the advisor’s statement might seem somewhat unrealistic, as the entry point to Ukraine’s gas pipeline system is through Russian territory. Without Russia’s consent, this scheme is unfeasible. On the other hand, the proposal to hand over Ukraine’s gas transit to a non-Russian supplier could potentially align with Russia’s strategic interests, experts ...
Where does Gazprom invest?
... carried out to maintain the operability of the system.
Turkish Stream supplies gas to Turkey and Southern European countries, while Gazprom is investing in increasing capacity and expanding connections to regional gas transportation networks.
Baltic Pipeline System 2 (BPS-2):
This project is aimed at transporting oil and oil products to northwestern export markets via the Baltic Sea. Investments are focused on upgrading pumping stations and building oil storage tanks.
3. LNG processing and production
Gazprom ...
Where Does Transneft Invest?
... Transportation
Investments in 2023: 271.8 billion rubles
Investments in 2022: 207.1 billion rubles
Main Investment Directions:
Modernization and Expansion of Pipeline Network:
Transneft is investing significant resources into updating its network of main oil pipelines, which enhances the reliability and capacity of the system. Key projects include increasing capacities for transporting oil to strategic destinations and ensuring uninterrupted operations in the face of rising demand.
Export Projects and Port Infrastructure:
The company continues to invest in terminal ...
Moldova found itself in a gas trap because of Ukraine.
... emergency in the energy sector starting December 16, following Transnistria's earlier 30-day emergency declaration. Both regions fear an energy crisis and humanitarian catastrophe due to the potential cessation of Russian gas transit through Ukraine’s pipeline system.
This threat is quite real, as Kyiv has repeatedly stated that gas transit via Ukrainian territory will cease starting January 1, 2025, when its contract with Gazprom expires. While alternative gas transit options exist beyond this agreement,...
Europe may completely lose Russian gas.
... negotiate a workaround with Russia.
Hungary is better positioned due to its relationship with Russia and possible ongoing negotiations, Yushkov suggests. Hungary also has the technical capacity to receive gas through the "Turkish Stream" pipeline, unlike Slovakia and Austria.
Potential Adjustments
European buyers might already be lobbying Gazprom to revise the payment system. Without U.S. exceptions, Russia would need to accommodate such changes to maintain trade.
In a worst-case scenario, Gazprom could lose up to 25 billion cubic meters of annual gas deliveries via Ukrainian pipelines and the Turkish Stream. However,...