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October 10, 2008 - Comment on gas price (Vedomosti)
Putin believes the price
of gas in West Siberia should depend on the price of fuel oil in Rotterdam. |
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July 29, 2008 - South Stream project specs
South Stream is estimated
to cost $20 billion. Combined cost of the Caspian pipeline and the South
Stream project is twice higher than that of the Trans-Caspian pipeline and
Nabucco. |
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July 19, 2008 - EU gas paradox
Letter to the Financial
Times. |
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July 18, 2008 - Pipeline construction plan of
Gazprom exceeds the requirements
Gazprom plans to build
more pipelines than needed. |
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May 16, 2008 - Comments on the 2007 Financial Report
of Gazprom
Comments on the financial
statement prepared in accordance with the Russian Accounting Standards. |
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April 2, 2008 - Irrational Gas Pipeline
Construction Plan of Gazprom
Gazprom plans to
increase the capacity of the Northern Lights pipeline by 110 bcm/year
creating a capacity bubble 350 km east of the Russian border. |
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February 28, 2008 - South Stream to Cross
Continental Shelf of Ukraine
The UN Convention of
the Law of the Sea gives Ukraine a chance to slow down the South Stream
project. |
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November 22, 2007 - EU gas directive will be
good for Russian consumers
Letter to the Financial
Times. |
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November 21, 2007 - Political Pipeline Project
of Gazprom
Gazprom inaugurates the
least important pipeline project. |
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November 6, 2007 - Nord Stream may be taxed by
Estonia and Finland
Estonia and Finland are
likely to eliminate the international waters in the Gulf of Finland. |
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October 29, 2007 - Gas Storage Expansion 80 Percent
Below the Target
Alarming reduction of
investment into gas production, transmission and storage. |
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September 25, 2007 - Nord Stream versus Langeled
Cost of the Nord Stream
pipeline is surprisingly high. |
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June 08, 2007 - Gazprom Increases Cost of
Russian Sales, Cuts Cost of Exports
Profitability of
domestic gas sales depends on the accounting method. |
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May 30, 2007 - Gas sector shocks
Letter to the Financial
Times. |
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May 20, 2007 - Caspian Gas Pipeline and Nabucco
project
Brief comparison of
Caspian Gas Pipeline and Nabucco project. |
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February 15,
2007 - Gazprom's financial results for 9M-2006
Comments on the
financial results of Gazprom: revenues, expenses by segment, RosUkrEnergo. |
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January 24,
2007 - Improving the image of Gazprom
List of problems
complicating the new PR campaign of Gazprom. |
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December 30,
2006 - Comments to Russia-Belarus gas dispute
Belarus
may take control over the Yamal-Europe pipeline. |
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November 13, 2006 - Who in Europe will break up the new Standard Gas?
Letter to the Financial
Times. |
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July 20, 2006 - Why do shareholders ignore Gazprom's Swiss link?
Letter to the Financial
Times. |
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April 6,
2006 - Is Gazprom
losing money on domestic sales of gas?
Profit or loss of Gazprom
depends on the calculation method. |
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March 6, 2006 - Energy security: Gas
egotism
Response to
Vladimir Putin's letter to the Wall Street Journal. |
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March 6, 2006
- RosUkrEnergo Wins, Gazprom and NAK Lose
RosUkrEnergo is the
only winner, though it is unlikely to stay in business. |
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January
20, 2006
- Russian daily supplies to Europe likely to drop 15% below contracted
levels
Due to severe cold in
European Russia and miscommunication with NAK Naftogaz of Ukraine, Gazprom
exports are likely to drop 15% from contracted levels (file in PDF format). |
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January 4, 2006
- Economics of Russian-Ukrainian Gas Conflict:
Who won the war?
RosUkrEnergo may be the
real winner. Free market in Russia is the loser. |
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January 3, 2006
- Russian-Ukrainian Gas Conflict: Lack of Free Market in Russia
Giant leap to centralized economy and a
blow to the reputation of Gazprom. |
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December 29,
2005 - Economics of Russian-Ukrainian Gas Conflict: Summary for Beginners
Questionable benefits of
Gazprom. Deal with Turkmenistan
looks like a bluff. |
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December 27,
2005 - Russian-Ukrainian Gas Conflict: Financial Effects of the Russian Side-2
The state gains as tax collector, but loses
more as shareholder of Gazprom. |
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December 20,
2005 - Russian-Ukrainian Gas Conflict: Financial Effects of the Russian Side
Gazprom agrees to accept financial
loss. |
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December
18, 2005 - Brief History of Soviet and Russian Gas Pipeline Policy
Democratic Russia brings the Cold War
fears of Europe into reality. |
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December
12, 2005 - Clarifying the Math of Ukrainian Transit Tariff
Lack of numerical arguments in the gas transit
conflict between Russia and Ukraine indicates that it is more a political
than economic issue. An increase of price for Ukraine would cause a loss for
Gazprom. The Russian state is the only winner. |
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October 24, 2005 -
Gazprom: Comments to Financial Report for Q1-2005
Gazprom saves over $1 billion a year on one
side and loses $1 billion on another. More details on the management's
inaction to the taxation change of January 2004. |
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October 20,
2005 - Discrepancies of 2004 Financial Report of Gazprom (corrected)
Consolidated financial report of Gazprom for
2004 shows declining production expense and marginally increased transmission expense under growing
volumes of gas production and sales.
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August 7, 2005 -
Gazprom: How to Pay More/Less Taxes
Gazprom saves over $1 billion a year on one
side and loses $1 billion on another. More details on the management's
inaction to the taxation change of January 2004.
Comments in Russian |
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July 11, 2005 -
Discrepancies of 2004 Financial Report of Gazprom (modified on August 4,
2005)
Consolidated financial report of Gazprom for
2004 shows declining production and transmission expense under growing
volumes of gas production and sales.
Report comments
in Russian |
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June 18, 2005 -
Gazprom Tax Overpayment of $1.3 Billion
For the period from January 2004 through May 2005,
Gazprom has overpaid $1.3 billion of customs duties. The overpayment is
caused by management's inaction on the change of Tax Code. Gazprom continues
to lose about $3 million a day of tax overpayment.
Tax overpayment comments
in Russian |
 |
|
May 6, 2005 - Gas
Price in Russia
Charts of gas price through April 2005.
March 2, 2005 - Cost
of Labor and Materials
Brief review of wage and industrial price
indices through February 2005.
February 25, 2005 -
Taxes in the Russian Gas Sector
Summary of changes in taxation of gas
business.
February 22, 2005 -
Operating Costs of Gazprom
Review of gas production cost in 2003-2005.
Analysis of the cost of fuel gas (gas burned at compressor stations) as an
indicator of the overall cost performance of Gazprom |
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December 22, 2004 -
Price of Central Asian Gas
Effects of gas price increase by Turkmenistan. |
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October 2004 - Large-Diameter Pipe Demand of Gazprom (PDF)
Conference presentation. |
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