Russia and the CIS

Russia Russia and parts of the CIS have huge hydrocarbon reserves, oil and gas transportation infrastructure and developing LNG facilities. Developing reserves and maintaining exports is a challenge in the light of depressed oil and gas commodity prices and changes, particularly in major European markets, as well as the impact of sanctions. China and other parts of South and East Asia provide key developing markets, while planned infrastructure for export from Russia to Europe via NordStream 2 and TurkStream suggest ambitions to expand in existing markets (and avoid Ukraine transit issues). Key issues include interactions between state-owned and private business and the development of third party access to infrastructure.

MJMEnergy provides analysis and training on Russian and other CIS gas and energy industry issues and including reviews of LNG export project, the potential for LNG as a transport fuel in Russia, pipeline supply and contractual developments. In addition we have provided advice on a potential purchase of a gas distribution business in the region, and reviewed the Russian gas supply chain in the context of the fertilizer market.

Energy Projects

Below you will find examples of some of the consultancy, training or publishing work that we have carried out in Russia and the CIS. If you want to explore how we can help you talk to us.

Consultancy Projects:

The following titles are examples of some of the energy consultancy projects that we have carried out in this region. (Clicking the title will provide more information.)

  • Due Diligence for Potential Purchase of a Gas Distribution Business
  • Due Diligence for Potential Purchase of a Gas Distribution Business

    Mike Madden, in conjunction with Gas Strategies, advised an IOC in its potential purchase of a Russian gas distribution business. The areas of work involved the initial due diligence in terms of the following areas:

    • The current and future potential customer base.
    • The current and future planned infrastructure, focussing on its capacity, condition and level of maintenance.
    • The level of leakage and other unaccounted for gas in the network.
    • The number and quality of personnel, including an assessment of the experience, and professional qualifications of the staff and manual employees.

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  • Review of Russian Gas Supply Chain and use of Gas as Fertilizer Feedstock
  • Review of Russian Gas Supply Chain and use of Gas as Fertilizer Feedstock

    As part of a wider project with Gas Strategies, Mike Madden provided advice to a governmental institution on the gas supply chain in Russia. In particular this involved establishing the well head price of Russian gas and the associated transportation cost in order to establish whether Russian gas companies were abusing their dominant position in the fertiliser market.

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Training and Capacity Building:

The following are examples of some of the energy training and capacity building that we have carried out in this region. (Clicking the title will provide more information.)

  • LNG Economics and Markets
  • LNG Economics and Markets

    Understanding the costs and value of LNG is crucial to optimising LNG operations and purchasing in changing markets. This three-day course offers helpful insight, useful case studies and practical exercises.

    Day 1: An introduction to the LNG business and economics.

    Day 2: Making and delivering LNG: costs and projects.

    Day 3: Extracting value: regasification, the long-term and short-term markets.

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  • Global LNG
  • Global LNG

    During the course of the day we will study US, European and Asian pricing methodology, and take a look at traditional pricing structures and shifting trends. The expansion of LNG interest and the evolution of LNG pricing worldwide is explained with a look at the future prospects.
    The next public course date is:

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  • 21st Century Regulation
  • 21st Century Regulation

    Course Description

    This three-day course has been specifically developed in order to explain both the background and practice of gas market regulation as well as providing suitable tools and intellectual and practical frameworks for parties involved in 21st Century gas regulation.

    Understanding and applying regulation to gas markets is a crucial skill as energy market liberalisation gathers pace around the world.

    Day One:

    The purpose of this first day is to provide you with a solid academic theoretical and historical basis to energy market regulation, drawing on the experience of European and North American energy markets in particular.

    Day Two:

    The purpose of this second day, building on regulatory economic theory, is to provide a series of practical examples of how regulation is undertaken in the real world. This will be achieved firstly with a series of sessions on specific regulatory issues followed by a number of case studies.

    Day Three:

    The purpose of this third day is to build on both economic theory and practical application in order to provide you with useful tools and approaches that you can apply to your own particular regulatory environment, whether you are a regulator, the regulated, or a participant in a regulated market.

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  • Ofgem Gas Technical Basics/Advanced
  • Ofgem Gas Technical Basics/Advanced

    We designed a Gas Basic and Gas Advanced course for Ofgem to provide a greater understanding of the operation of the gas supply system for their non-engineers as well as perspectives on commercial gas issues.

    An extensive handbook to go with each course and a precourse online questionnaire to help staff know which level they required was also provided.

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  • Gas Storage Course
  • Gas Storage Course

    We will explain the need to store gas and look at the different types of storage facilities available. You will gain an understanding of how to buy storage capacity, trade gas using storage, and the whole economics of gas storage. You will look at how to build storage, examine a case study and explore the future of storage.

    The course covers:

    • Why store gas?
    • Types of gas storage facilities
    • How storage is sold
    • Storage economics
    • Building gas storage
    • A case study of a current storage project
    • The future of gas storage

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  • Framework Agreement with IGEM for the Provision of Technical Training
  • The IGEM Academy

    Over the last few years MJMEnergy has worked closely with IGEM to prepare and deliver technical training for engineers, both in the UK and overseas. Typical examples have included the following:

    • Introduction to the UK gas industry and its market.
    • Asset integrity management.
    • TGas market safety, legislation and regulation.
    • Engineering ethics – doing the right thing.
    • Safety, risk & reliability management.
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  • Training Games, Exercises and Simulations
  • Training Games, Exercises and Simulations

    Designed to introduce you to real-life circumstances in which you can make successful choices based on learnt skills, our games and exercises cover a wide variety of areas. For more advanced experiences we have developed exercises that set the scene with realistic management and technical information enabling players to engage with the subject in a serious yet safe environment.

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  • Energy Markets Course
  • Energy Markets Course

    This three day course provides a thorough understanding of the dynamics of the gas and power industry. The main focus being: physical gas and electricity systems, commercial energy markets and energy trading.

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  • Global Oil Market
  • Global Oil Market

    You will learn about the charactaristics of oil, how the terms upstream, midstream and downstream relate to this industry, what makes the price of oil and how it is traded.

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Energy Publishing:

The following titles are examples of energy reports that we have written, published or sell and are included to complement this section. Feel free to click on the titles for more information.

  • LNG in Transportation
  • LNG in Transportation

    LNG in Transportation

    This report explores the role of LNG in marine, road and rail transport and is divided into three parts:
    1) Technology and drivers for LNG as a transport fuel.
    2) Growth projections for LNG as a transport fuel.
    3) Data on LNG as a transport fuel.

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  • LNG Supply Handbook
  • LNG Supply Handbook

    LNG Supply Handbook

    This report containing 28 in-depth country profiles framed within a detailed analysis of the global LNG market and its developing trends and drivers will provide strategists, decision makers, policy makers and analysts - amongst others - with the perfect resource to ensure you are well-informed.

    The 28 existing and potential exporting countries examined are:
    Algeria | Angola | Australia | Brazil | Brunei | Cameroon | Canada | Colombia | Egypt | Equatorial Guinea | Indonesia | Iran | Israel | Libya | Malaysia | Mozambique | Nigeria | Norway | Oman | Papua New Guinea | Peru | Qatar | Russia | Tanzania | Trinidad & Tobago | United Arab Emirates | United States of America | Yemen.

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  • LNG Supply Handbook Country Chapters
  • LNG Supply Handbook Country Chapters

    This report provides the background chapters as well as the profile for the country you have selected. Framed within a detailed analysis of the global LNG market and its developing trends and drivers it will provide strategists, decision makers, policy makers and analysts - amongst others - with the perfect resource to ensure you are well-informed.

    Country profile of country of your choice from one of the following:

    Algeria | Angola | Australia | Brazil | Brunei | Cameroon | Canada | Colombia | Egypt | Equatorial Guinea | Indonesia | Iran | Israel | Libya | Malaysia | Mozambique | Nigeria | Norway | Oman | Papua New Guinea | Peru | Qatar | Russia | Tanzania | Trinidad & Tobago | United Arab Emirates | United States of America | Yemen.

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  • The Oil Trading Manual
  • The Oil Trading Manual

    Edited by MJMEnergy associate David Long, the Oil Trading Manual (OTM) provided a unique and comprehensive reference source to the structure and conduct of the international oil markets including:

    • Physical characteristics and refining
    • Oil pricing arrangements
    • Physical oil markets
    • Forward and futures contracts
    • Options and swaps
    • Operations and logistics
    • Accounting and taxation
    • Controlling financial risk
    • Legal and regulatory control

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  • Underground Gas Storage and LNG Storage Market in the World
  • Underground Gas Storage and LNG Storage Market in the World

    "The Underground Gas Storage & LNG Storage Market in the World 2015-2035" builds on the CEDIGAZ Underground Gas Storage Database, the only worldwide Underground Gas Storage database to be updated every year, and on the CEDIGAZ LNG Service, a comprehensive service dedicated to the LNG market.

    This report is divided into three parts:

    Part one: - analyses current and future trends in the storage market to 2035 (UGS and LNG storage).

    Part two: - is specifically dedicated to the EU UGS market. The analysis reviews key economic and regulatory factors that are reshaping the EU market.

    Part three: - includes in-depth analyses for 49 countries worldwide.

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Key staff and associates:

  • Mike Madden
  • Chris Le Fevre
  • David Long
  • Nick White
  • Duncan Jack
  • Jeremy Bending
  • Roy Dinsmore