Gazprom wants majority stake in large Siberian exploration project; BP Amoco-led consortium plans exports to China

Article Abstract:

RAO Gazprom is interested in purchasing a 50% share of a big Siberian gas project led by BP Amoco PLC that would export gas to China. The project would cost up to $10 billion (Euro10.42 billion) to fully develop, and would signify the first link between the natural resources of Russia and China's demand for energy.

China, Natural Gas, Brief Article, Gas transmission industry, RAO Gazprom

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Gas dispute pinches Europe

Article Abstract:

Russia's decision to resume its supply of natural gas to Ukraine is discussed. It is explained that government-owned OAO Gazprom had cut off natural gas shipments to Ukraine over a price dispute, and that the move is seen as a reflection of tense relations between Ukraine and Russia since the election of pro-Western Ukrainian President Viktro Yushchenko.

United States, Europe, Government domestic functions, Commodity & service prices, Goods & services distribution, Ukraine, International politics, Channels of Distribution, Use of energy, Former Soviet Union, Economic aspects, Prices and rates, International aspects, Energy use, Energy policy, Political aspects, Putin, Vladimir, International relations, Distribution, Russian foreign relations, Company distribution practices, Ukrainian foreign relations, Company pricing policy, Foreign policy

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BP set to leave Russia gas project: sale of majority stake to Gazprom would tighten Kremlin's grip on energy

Article Abstract:

TNK-BP Ltd., BP PLC's Russian joint venture, may sell to OAO Gazprom its 62.7% stake in Russia's Kovykta field for nearly $1 bil in a deal still under negotiation. Gazprom and BP would then dedicate $1.5 bil each to begin forming a global joint venture for other projects.

Strategy & planning, Acquisitions & mergers, Joint ventures, United Kingdom, Planning, Company acquisition/merger, Petroleum industry, Company joint venture, Company business planning, TNK-BP

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