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Outlook 2017
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Battling on all fronts in Russia

Rival supplies in Europe, less urgency in the east and competition at home will be the motifs of Russian gas in 2017

For Russian gas, 2017 will see many of the themes from 2016 play out, and maybe gather pace towards significant conclusions. That means the battle between US liquefied natural gas and Russian supplies in Europe will intensify, Russia's own LNG plans will start to come good, pipelines in the east will advance slowly and pipeline politics in the west will continue. The most important question might be whether Gazprom's dominant role in Russia's own gas sector will come under threat. Gazprom has faced growing competition in its three main markets over the past five years - and 2017 will see that trend continue. Domestic gas demand is declining and competition from Rosneft and Novatek will not

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