Russia's turf wars
Even as the country's gas sector thrives, its major companies face political battles at home and abroad
The future of Russian gas in 2018, and in particular the prospects for exports to Europe, will be influenced by a number of contrasting factors that suggest a complex outlook for gas giant Gazprom. The foundation on which the company will be building is solid, as its production rebounded sharply in 2017 to reach about 470bn cubic metres (from 420bn in 2016) and exports stood at a record 185bn-190bn cm (up from the previous record of 179bn in 2016). This commercial success has been based on two factors: Gazprom's willingness to adapt its pricing strategy away from oil-linked contracts; and the surprising lack of competition from liquefied natural gas, as the expected surge in supply hasn't ye
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
