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.
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).
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.
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.
Consolidated financial report of Gazprom for
2004 shows declining production expense and marginally increased transmission expense under growing
volumes of gas production and sales.
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.
Consolidated financial report of Gazprom for
2004 shows declining production and transmission expense under growing
volumes of gas production and sales.
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.
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
