
Latest articles from Vladimir Socor

Croatia Can Call Gazprom’s Bluff on South Stream
Moscow is “pressuring” Croatia to join Gazprom’s South Stream project urgently, before Croatia’s accession to the European Union takes legal effect in 2013. An internal analysis, prepared by Croatian government officials for senior decision-makers and leaked to the press, warns that yielding to Gazprom’s demands... MORE

Kazakhstan Expands Gas Transit Pipeline Capacities and Own Exports to China
The longest section of the Turkmenistan-Uzbekistan-Kazakhstan-China transit pipeline passes through Kazakhstan’s territory: it measures 1,115 kilometers in length, of the total 1,830-kilometer Turkmenistan-China distance. Kazakhstan is adding a dedicated export pipeline for its own gas exports to China. In combination, these developments (alongside planned oil... MORE

Gazprom’s Shtokman Project: Relic of a Past Era
On August 7, Norway’s Statoil announced its exit from the super-giant Shtokman gas field development in the Russian Arctic. The Norwegian company, majority state-owned, is writing off its investment into the Shtokman project, booking $335 million (apparently most of that investment) as financial expenses for... MORE

China to Increase Central Asian Gas Imports Through Multiple Pipelines
Beijing proposes to increase the volume of Turkmenistani natural gas supplies to China to 65 billion cubic meters (bcm) per year, more than doubling the present level of deliveries. This implies China is scooping up production increments in Turkmenistan in the years immediately ahead. While... MORE

Kazakhstan’s National Oil Company to Consolidate Bridgehead in Europe
Kazakhstan’s national oil and gas holding, Kazmunaigaz, has started its first-ever oil exploration drilling outside that country. Rompetrol Upstream, a division of Rompetrol Group, is drilling the Kaz-1 exploration well near Focsani in eastern Romania. The Rompetrol Group is a fully-owned subsidiary of Kazmunaigaz Processing... MORE

Putin Suggests Transnistria Self-Determination, Rogozin Displays Transnistria Flag
On July 31, Russian President Vladimir Putin suggested that Transnistria is entitled to self-determination, implying secession from Moldova. Answering questions at the Kremlin-sponsored Camp Seliger Forum, Putin stated: “Many problematic spots have remained after the Soviet Union’s fall, and Transnistria is one of them. Only... MORE

Nabucco-West Selected for Caspian Gas Delivery to Central Europe
On June 28, the Shah Deniz gas producers’ consortium in Azerbaijan announced that it has selected the Nabucco-West pipeline project to be the route for Caspian gas into Central Europe. This decision is an immediate consequence of the Azerbaijan-Turkey inter-governmental agreement, signed on June 26,... MORE

Putin, Gazprom Seek to Refloat Shtokman Gas Project
Gazprom’s Shtokman offshore gas project in the Barents Sea faces its third reconfiguration in a decade. The project – a joint venture of Gazprom with French Total and Norwegian Statoil – has yet to start in practice at the supergiant deposit in the Russian Arctic.... MORE

Ivanishvili starts selling Russian assets for liquidity
Georgian billionaire and aspirant to power, Bidzina Ivanishvili, has started selling some of his assets in Russia for liquidity. Some of the proceeds will probably be ploughed into Ivanishvili’s political operations in Georgia and third countries. Ivanishvili amassed his $6.4-billion worth in Russia during the... MORE

France’s Sale of the Mistral to Russia: The Challenge to NATO’s Transatlantic Partners
SummaryFollowing two years of negotiations, France and Russia have at last signed a contract finalizing the sale of two French Mistral-class amphibious-assault, helicopter-carrier ships to the Russian Navy for $1.7 billion. Russian President Dmitry Medvedev oversaw the signing ceremony on June 17, during the St.... MORE