Past event

Invitation Only

Between Monopoly and Market: The Evolution of Russia's Gas Policy

Chatham House, London

Energy, Environment and Resources Department

Participants

Michael Bradshaw, Professor of Human Geography, University of Leicester
Philip Vorobyov, Commercial Executive, JKX Oil & Gas

Overview

The gas sector is vital for the Russian state both as a source of revenue and as a tool of foreign policy. However, its current centralised structure has impacted on its ability to respond to new trends and changes affecting the global gas market, including the rise of unconventionals and the opening of the Arctic. If and how resources in these areas are developed over the next decade will have implications for the Russian economy as well as gas price and security in Europe.

The speakers will discuss the new drivers and challenges for gas development in Russia and will consider future challenges for the industry structure and export policy. Philip Vorobyov will provide an overview of the relationship between the Russian state and the gas industry over the past two decades and will review current changes in gas pricing and gas taxation policies. Michael Bradshaw will focus specifically on Russia’s export policy and prospects for LNG exports to Asia.

This event is part of the Fossil Fuels Expert Roundtable series. This event is held jointly by the Energy, Environment and Resources department and the Russia and Eurasia Programme.

Attendance at this event is by invitation only.