DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4d887b/the_present_and_fu) has announced the addition of the "The Present and Future of Gazprom" report to their offering.
Gazprom's 2010-2011 financial results were phenomenal. An employment contract of Gazprom CEO Alexey Miller, who has been managing the gas giant for 10 years, was prolonged ahead of time for another five years. However, the country's main company found itself under powerful pressure both on the domestic and external markets.
Authorities actively support expansion of NOVATEK, whose development is limited by a monopolistic character of the gas market, or, to put it differently, by the existence of Gazprom in its current form. This process unfolds without radical moves so far, considering the upcoming elections, but in the next electoral cycle serious reconstruction of the market is possible.
Outside the country Gazprom is also facing problems. Moscow and Brussels have entered tough confrontation over the rules of operation on European markets, as well as over variants of gas transit from the Caspian Sea region. The question of transit through Ukraine is not solved either. There is a complicated dialogue with China. Attempts to develop relations with Japan following the Fukushima NPP catastrophe and revive the project of laying a trans-Korean gas pipeline do not promise fast and obvious dividends.
Meanwhile, there is a necessity to sharply increase investments in gas production and transportation. The respite Gazprom received in the production segment during the crisis drop in the EU demand for natural gas is over.
Authors of the report are leading experts in oil and gas industry.
This new report elaborates on the following issues:
Changes at Gazprom during A. Miller's 10 year tenure
Competition with NOVATEK as one of the main intrigues
Gazprom on external markets
Forecast of developments
Key Topics Covered:
Chapter 1. How Gazprom Has Changed for 10 Years of Aleksey Miller's Rule
Chapter 2. Growth of Novatek
Chapter 3. Gazprom in Foreign Markets
Chapter 4. War with Europe: from Nord Stream to Orientation towards Asia
Chapter 5 Time of Massive Expenditure
Chapter 6. Forecast. Gazprom on Path to Restructuring
For more information visit http://www.researchandmarkets.com/research/4d887b/the_present_and_fu