Natural Gas In Russia
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Natural Gas In Russia
As of 2013, Russia is the world's second-largest producer of natural gas, producing an estimated more than 669 billion cubic meters (bcm) of gas a year, and the world's largest natural gas exporter, shipping an estimated 196 bcm a year. According to ''The World Factbook'' estimate, the country also has the largest proven reserves (48 trillion cubic meters (tcm)). OPEC figures also place Russia first, with an estimated 49 tcm, 24% of the world's proved reserves; however, BP estimates put Russia second behind Iran with 33 tcm. Additionally, Russia is likely to have the largest volume of undiscovered natural gas deposits, an additional 6.7 tcm, according to US Geological Survey estimations. Russia consumes approximately 457 bcm a year, second only to the United States. Disputes with Ukraine Since 2005, the Russian gas supplier Gazprom and the Ukrainian oil and gas company Naftogaz have been involved in a number of disputes. These disputes have grown beyond simple business disput ...
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Russia Gas Production
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across eleven time zones and shares land boundaries with fourteen countries, more than any other country but China. It is the world's ninth-most populous country and Europe's most populous country, with a population of 146 million people. The country's capital and largest city is Moscow, the largest city entirely within Europe. Saint Petersburg is Russia's cultural centre and second-largest city. Other major urban areas include Novosibirsk, Yekaterinburg, Nizhny Novgorod, and Kazan. The East Slavs emerged as a recognisable group in Europe between the 3rd and 8th centuries CE. Kievan Rus' arose as a state in the 9th century, and in 988, it adopted Orthodox Christianity from the Byzan ...
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RosUkrEnergo
RosUkrEnergo is a Swiss-registered venture company that transports natural gas from Turkmenistan to East European countries. 50% of the company is owned by Gazprom, through its daughter Swiss-registered Rosgas Holding A.G., and another 50% by Swiss-registered private company Centragas Holding A.G., acting on behalf of a consortium of GDF Group owned by Dmytro Firtash and . Before the 2009 Russia–Ukraine gas dispute, it was the sole importer of natural gas from Gazprom, reselling it to Naftogaz Ukrainy. Critics have questioned Gazprom's claimed need for RUE as a middleman. RUE has been accused of simply being “a corrupt intermediary” but has dismissed suggestions that Russian or Ukrainian politicians benefit from the arrangement. History The company was created in July 2004 in a deal by former Ukrainian President Leonid Kuchma and his Russian counterpart Vladimir Putin to replace Eural Trans Gas.
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NEFAZ
Neftekamsk Automotive Plant (''NEFAZ'', russian: Нефтекамский автозавод) is a Russian manufacturer of buses and machinery on KamAZ chassis located in Neftekamsk in Bashkortostan. History 17 December 1970 the Council of Ministers issued a resolution "On the construction and renovation works of the Ministry of the automotive industry to ensure the Kama Automobile Plant parts and component parts." As you know, in those years, KamAZ - auto giant in the city of Naberezhnye Chelny - has been an All-construction project. It was decided to build the satellites and plants that would be supplied for the one you need. December 25, 1970 the State Committee of the Council of Ministers of Construction issued the order No. 65 "On the establishment of a plant for the production of dump trucks and winches" in Neftekamsk Bashkir ASSR. A similar order number 4 on January 8, 1971 by the Minister of the automotive industry in the USSR. 13 July 1972 started construction of the pl ...
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GAZ Group
GAZ Group (russian: Группа ГАЗ) is a Russian automotive conglomerate headquartered in Nizhny Novgorod. It comprises 18 manufacturing facilities in eight regions of Russia, as well as sales and service organizations. GAZ Group is the leading manufacturer of commercial vehicles in Russia. GAZ Group produces light commercial and medium-duty vehicles (GAZ), buses PAZ, KAvZ, LiAZ, cars, powertrain (YaMZ and UMZ) and automotive components. The market shares of the company: about 50% in the light commercial vehicles segment, 58% in the segment of medium-duty trucks, 42% in the all-wheel drive heavy-duty trucks segment and about 65% in the bus segment. The main entity "GAZ Group" - OJSC "GAZ", refers to the Office "Management Company" GAZ Group. The "GAZ Group" is a holding company, consolidated around OAO GAZ, bringing together a number of industrial machinery sector, which are mainly subsidiaries of OJSC GAZ. Management Company GAZ Group was created on September 28, 2006 and ...
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Italgas
Italgas S.p.A. is an Italian company specialised in the distribution of natural gas. It is listed on the Milan Stock Exchange and included in the FTSE MIB index. History The company was founded in Turin in 1837 under the name ''Compagnia di Illuminazione a Gaz per la Città di Torino'' (City of Turin Gas Lighting Company) and later changed its name several times, first becoming ''Società Italiana per il Gas'' (Italian Gas Company) and then Italgas S.p.A. Catholic financiers, led by Bernardino Nogara, took an interest in Italgas during the years leading up to the Second World War. Among the company's chairmen was lawyer and entrepreneur Rinaldo Panzarasa. In 1967 control of the company passed to Snam, a member of the Eni Group. Under chairman Carlo Da Molo, Italgas undertook an extensive campaign to build methane distribution infrastructure, expanding considerably in Central and Southern Italy. In addition to strengthening its presence in the natural gas sector, the company al ...
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Belgorod Bus 16
Belgorod ( rus, Белгород, p=ˈbʲeɫɡərət) is a city and the administrative center of Belgorod Oblast, Russia, located on the Seversky Donets River north of the border with Ukraine. Population: Demographics The population of Belgorod is 339,978 as of the most recent censuses: Geography Urban layout The oldest Belgorod fortress was built at the end of the 16th century on a chalk mountain. The discussion among historians about the time of the city’s founding, in 1593 or 1596, is not over and both versions have serious scientific basis. One of the first serious researchers of Belgorod history, Drenyakin, in the second half of the 19th century, adhered to the date of 1593, while reasonably exposing the attempts of some scientists already then to date the foundation of the city by Vladimir in the 10th century. Contemporary local historian Shmelev, trying to somehow open a three-year "black hole" from the moment of the decision to build until the actual appearanc ...
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2014 Crimean Crisis
In February and March 2014, Russia invaded and subsequently annexed the Crimean Peninsula from Ukraine. This event took place in the aftermath of the Revolution of Dignity and is part of the wider Russo-Ukrainian War. The events in Kyiv that ousted Ukrainian president Viktor Yanukovych on 22 February 2014 sparked pro-Russian demonstrations as of 23 February against the (prospected) new Ukrainian government. At the same time Russian president Vladimir Putin discussed Ukrainian events with security service chiefs remarking that "we must start working on returning Crimea to Russia". On 27 February, Russian troops captured strategic sites across Crimea, followed by the installation of the pro-Russian Aksyonov government in Crimea, the Crimean status referendum and the declaration of Crimea's independence on 16 March 2014. Although Russia initially claimed their military was not involved in the events, Putin later admitted that troops were deployed to "stand behind Crimea ...
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Vladimir Putin
Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime minister from 1999 to 2000 and from 2008 to 2012, and as president from 2000 to 2008 and since 2012. Putin worked as a KGB foreign intelligence officer for 16 years, rising to the rank of lieutenant colonel before resigning in 1991 to begin a political career in Saint Petersburg. He moved to Moscow in 1996 to join the administration of president Boris Yeltsin. He briefly served as director of the Federal Security Service (FSB) and secretary of the Security Council of Russia, before being appointed as prime minister in August 1999. After the resignation of Yeltsin, Putin became Acting President of Russia and, less than four months later, was elected outright to his first term as president. He was reelected in 2004. As he was constitutio ...
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Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a Federation, federal union of Republics of the Soviet Union, fifteen national republics; in practice, both Government of the Soviet Union, its government and Economy of the Soviet Union, its economy were highly Soviet-type economic planning, centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian Soviet Federative Socialist Republic, Russian SFSR. Other major cities included Saint Petersburg, Leningrad (Russian SFSR), Kyiv, Kiev (Ukrainian Soviet Socialist Republic, Ukrainian SSR), Minsk (Byelorussian Soviet Socialist Republic, Byelorussian SSR), Tas ...
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Price Of Oil
The price of oil, or the oil price, generally refers to the spot price of a barrel () of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level. The global price of crude oil was relatively consistent in the nineteenth century and early twentieth century. This changed in the 1970s, with a significant increase in the price of oil globally. There have been a number of structural drivers of global oil prices historically, including oil supply, demand, and storage shocks, and shocks to global economic growth affecting oil prices. Notable events driving significant price fluctuations include the 1973 OPEC oil embargo targeting nations that had supported Israel during the Yom Kippur ...
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Yakutia–Khabarovsk–Vladivostok Pipeline
Power of Siberia (Sila Sibiri, formerly named the Yakutia–Khabarovsk–Vladivostok pipeline, also known as China–Russia East-Route Natural Gas pipeline; russian: Сила Сибири, ) is a Gazprom-operated pipeline in Eastern Siberia that transports natural gas from Yakutia to Primorsky Krai and China. It is a part of the eastern gas route from Siberia to China. The proposed western gas route to China is known as Power of Siberia 2 (Altai gas pipeline). History In 2007, the Ministry of Industry and Energy of Russia approved the Eastern Gas Program, which included construction of the Yakutia–Khabarovsk–Vladivostok pipeline. On 29 October 2012, Russian president Vladimir Putin instructed Alexey Miller, CEO of Gazprom to start the construction of the pipeline. The Yakutia–Khabarovsk–Vladivostok pipeline project was officially renamed Power of Siberia at the end of 2012. On 21 May 2014, Russia and China signed a 30-year gas deal worth $400 billion which was ...
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China National Petroleum Corporation
The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2020 Fortune Global 500, a global ranking of the largest corporations by revenue. Corporate structure CNPC is the government-owned parent company of publicly listed PetroChina, which was created on November 5, 1999, as part of the restructuring of CNPC. In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its hydrocarbon exploration and production, refining and marketing, chemicals and natural gas businesses. CNPC and PetroChina develop overseas assets through a joint venture, the CNPC Exploration & Development Company (CNODC), which is 50% owned by PetroChina. In March 2014, CNPC Chairman Zhou Jiping announced that CNPC would be opening six business units to private investors. C ...
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