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Recent Russia research

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Gas supply crunch alert

Overview

After years of neglecting upstream investment, Gazprom finds itself in a race against the clock to launch production in 2011, as planned, from its giant Bovanenkovo field on the Yamal Peninsula and to ramp up the field’s output to around 100 bcm by mid-decade. Any material slippage with those timings will result in gas supply shortages. This conclusion derives from an analysis of future demand based on conservative assumptions and of alternative supply sources based on generous...

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