On August 29 Gazprom’s representatives have officially recognized impossibility of the Shtokman project implementation. Since 2007 Russia has been trying to implement the idea of gas production from the Shtokman field. Stocks estimated by Gazprom were astonishing – 3,8 trillion cubic meters of gas and 53,4 million tons of condensate. However, nothing went further than [...]

Upon the initiative of the President of the RF V.Putin and signature of the Prime-minister D.Medvedev, one of the greatest energy companies “Rosneft” has received a new head – I.Sechin, the former vice-premier, curator of the fuel and energy complex of the RF. A new vice-premier A.Dvorkovich who will take care of the energy sector [...]

The first step of Ukraine on the path to an effective power balance is a restructuring of its economy.  We should start with ourselves.  The second move should be related to reduction of the Russian gas dependence in the following 3-5 years. The Soviet technological cooperation influences economy of all post-Soviet countries already for 20 [...]