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18 comments on Ukraine vs Russia: Tales of pipelines and dependence

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Buckler on December 4, 2006 - 9:05pm Permalink | Subthread | Comments top
Jerome,

What will be the impact of Gazprom's declining gas fields on Gazprom, Russia and Ukraine?  I believe many geologists believe that two of Gazprom's 3 "giant" gas fields will go into decline by 2010.

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Jerome a Paris on December 6, 2006 - 4:13pm Permalink | Subthread | Parent | Comments top
The 3 giants (Urengoy, Yamburg and Mendeleiev) are already declining. Zapolarnoye has covered that. Whether Russian production keeps on increasing depends on how fast they put on line fields like Shtokman, the Yamal fields and a few others. The reserves are still there; the middle term worry is how quickly they come online and, in the meantime, how the available gas is allocated.
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