Vyacheslav Kulagin

Vyacheslav Kulagin
Head of the Center for International Energy Markets Studies, Energy Research Institute of the RAS
 

Dollar reaches 55 rubles again

Dollar reaches 55 rubles again

The ruble exchange rate is strengthening against the dollar and the euro on the Moscow Stock Exchange: the dollar declined by 0.18 rubles and was worth 55.9 rubles,  The euro exchange rate fell 0.24 rubles and was worth 59.65 …

Oil prices dropping suddenly

Oil prices dropping suddenly

The prices of May futures for Brent oil have declined by 2.7% to $51.62 per dollar on the ICE Exchange in London for the first time since the early December 2016. The April futures for WTI oil fell to $48.88 per barrel at the New York Mercantile …

Vyacheslav Kulagin: Oil will stay at $55-65 level

Vyacheslav Kulagin: "Oil will stay at $55-65 level"

Head of the Center for International Energy Markets Studies on the effects of oil production cut

Kashagan oil field operating normally

Kashagan oil field operating normally

Work to bring onstream the giant Kashagan oil field in Kazakhstan is going normally and some crude has already been processed and put in storage, Kazakh Energy Minister Kanat Bozumbayev said. Four wells were …

Vyacheslav Kulagin: Two years of cheap oil have taught the world’’

Vyacheslav Kulagin: "Two years of cheap oil have taught the world’’

The head of the Center for International Energy Markets IES RAS tells how to the oil market has changed

#039Turkish Stream#039 vs #039South Stream#039: what will Russia choose?

'Turkish Stream' vs 'South Stream': what will Russia choose?

Russian and Turkish presidents, Vladimir Putin and Recep Tayyip Erdogan, held talks in St. Petersburg yesterday. At the press conference held after the meeting, Vladimir Putin said that Moscow and Ankara would …

In Russia may allow free export of oil

In Russia may allow free export of oil

In 2018 in Russia can reset the export duty on oil, while increasing the taxes on production. Respective capabilities considering the Russian government. According to Bloomberg, these measures will deprive  Belarus and Kazakhstan …

Poland starts political game with Gazprom on economic field

Poland starts political game with Gazprom on economic field

Poland's refusal to renew a long-term gas supply contract with Russia after 2022 does not mean that Europe started to curtail the procurement of 'blue fuel' from Russia, Russian energy scientists Vyacheslav …

Vyacheslav Kulagin: Russia#039s priority is stable South Caucasus

Vyacheslav Kulagin: Russia's priority is stable South Caucasus

Republics of South Caucasus are Russia's neighbors not only with rich mutual history, but also a common future, the head of the Center for International Energy Markets ERI RAS, Vyacheslav Kulagin, said in an interview with Vestnik Kavkaza, …

Sergey Donskoi: Russian oil will be enough for 28 years

Sergey Donskoi: Russian oil will be enough for 28 years

The Russian Minister for Natural Resources and Ecology, Sergei Donskoi, said in an interview to Rossiyskaya Gazeta today that Russia's known oil reserves are enough to provide a yearly extraction of oil for the next 28 years …

Will fate of oil be decided on March 20?

Will fate of oil be decided on March 20?

The meeting of OPEC producers and non-OPEC countries can take place on March 20 in Moscow, Iraqi Deputy Oil Minister Fayadh Nema said. "The meeting in Moscow, expected to be held on March 20 between the largest oil …

Cheap oil may be an impetus for development, Vyacheslav Kulagin believes

Cheap oil may be an impetus for development, Vyacheslav Kulagin believes

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The head of the Center for International Energy Markets of the Energy Research Institute of the Russian Academy of Sciences, Vyacheslav Kulagin, believes that the shake-up of the oil market is useful for the economies of Russia, Kazakhstan and …

Oil production cuts are pointless for Russia

Oil production cuts are pointless for Russia

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as there are no agreements with the OPEC countries or the other players on the oil market

Cheap oil is impetus to modernization of Caspian region

Cheap oil is impetus to modernization of Caspian region

The catastrophic drop in oil prices actively promotes the development of the real sector of economies of the countries of the Caspian region, Russian, Azerbaijani and Kazakh experts said today during discussion of the economic future in the …

Will Russia revive #039South Stream#039?

Will Russia revive 'South Stream'?

Russia will resume its work on the South Stream project in the next several weeks, Bulgarian Prime Minister Boyko Borisov was reported by a source in Moscow. “There are two main reasons due to which Moscow …

Will US become oil exporter?

Will US become oil exporter?

Congressional leaders agreed on a fiscal plan that would avert a ban on crude oil exports from the US. The move "puts the United States in the driver’s seat of energy policy worldwide," Bloomberg cited the Republican …

Has Turkish Stream been postponed until November?

Has Turkish Stream been postponed until November?

The Russian Energy Ministry expects that an intergovernmental deal on the Turkish Stream gas pipeline will be signed after a new government is formed in Turkey, Russian Energy Minister Alexander Novak said.  Russia …

Vyacheslav Kulagin: Oil will cost $80 a barrel by 2016

Vyacheslav Kulagin: Oil will cost $80 a barrel by 2016

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The Head of the Center for International Energy Markets Studies at the Energy Research Institute of the RAS, Vyacheslav Kulagin, believes that the main factor negatively affecting the oil market is the imbalance of supply and demand. …

Why are companies reducing investments in new projects?

Why are companies reducing investments in new projects?

Vyacheslav Kulagin: ‘‘The adjustment should lead us to a balance of supply and demand.’’

Is Turkish Stream proceeding?

Is Turkish Stream proceeding?

One of the key stages of the Russian-Turkish dialogue on the implementation of the Turkish Stream project this year will be the autumn meeting of the two presidents, Vladimir Putin and Recep Tayyip Erdogan, the press secretary of the Russian …

Greece#039s potential default will not affect Turkish Stream

Greece's potential default will not affect Turkish Stream

Greek Prime Minister Alexis Tsipras has recently decided to hold a referendum on July to let the Greek population decide whether to accept the terms of the creditors and the reforms they propose. Stock markets and banks have been closed for a week. The population has withdrawn about half of cash from ATMs. After the ATMs get back online, people will be allowed to withdraw no more than 60 euros a day.