Vladimir Putin visited Cairo on 11 December. The main effect of the visit was the signing of four contracts linked to the construction of the El Dabaa nuclear power plant.
On 27 September, the legal service of the Council of the EU issued a legal opinion on the EC’s proposal to the EU Council for permission to start negotiations with Russia.
Although in the 1990s the Russian Far East was not an important region in Russian central government’s internal policy, when Vladimir Putin assumed the presidency it was declared strategically significant.
Thirteen ministers responsible for energy issues representing various EU member states – Italy, Portugal and Central and Eastern European and Scandinavian countries – took part in the discussion on the proposed mandate.
On 24 April in Paris, Nord Stream 2 AG signed agreements regarding the financing of the Nord Stream 2 gas pipeline construction project.
The Russian gas sector has found itself in a difficult situation.
The EU’s commissioner for competition Margrethe Vestager announced that the European Commission (EC) was ready to settle the case against Gazprom.
During President Vladimir Putin’s meeting with Igor Sechin a public announcement was made about the privatisation of a 19.5% stake in Rosneft.
On 30 November in Vienna, the OPEC countries concluded an agreement on reducing oil production by about 1.2 million b/d (barrels per day).
Russia and Belarus had been unable to reach an agreement concerning co-operation in the oil sector. On 10 October a compromise was reached.