Yamal Moves Up List Of Gazprom Priorities

摘要

The meeting Russia staged last week for foreign energy firms in Salekhard, the capital of Yamalo-Nenets, on joint development of its Arctic resources was a clear indication of how far Yamal has moved up Gazprom's list of priorities.Although the state company isn't in a great bargaining position at the moment given the damage low gas demand and prices have inflicted on its finances, rumored technical hitches at the giant Shtokman field in the Barents Sea, coupled with anticipated steep declines at maturing fields and conflicts with Caspian gas suppliers, have apparently made gas-rich Yamal key to Gazprom's designs on both European gas pipelines and global LNG markets.