SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia is increasing the number of companies permitted to export its natural gas. Gazprom was the sole exporter for many years until Novatek was added due to its LNG from Yamal a decade ago. With the new law, another exporter of Russian gas is added and plus Novatek's capabilitie...
By Rhod Mackenzie
It has been proposed that twenty-four ships be constructed at Goa Shipyard Ltd, an Indian state-owned shipyard. The ships are intended to operate as part of the " North-South International Transportation Corridor" which goes from Russia to Iran via the Caspian Sea then across tha...
By Rhod Mackenzie
The Russian energy company Gazprom has agreed with China National Petroleum Corp (CNPC) and PipeChina to design and construct a pipeline section located in the Far East. The new pipeline will be used to supply Russian gas to China.
Constructing a pipeline tends to be a prolonge...
By Rhod Mackenzie
Sanctions and the cutting of economic ties with Russia have already resulted in losses of around £1.1 trillion for the European Union. Furthermore, the mutual trade volume has also nearly reached zero. During a briefing at the Eurasian Economic Forum, Deputy Russian Foreign Mini...
By Rhod Mackenzie
The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves...
By Rhod Mackenzie
The European Commission has stated that the European Union intends to limit the import of Russian gas to 40-45 billion cubic metres by the close of 2023. On November 2, Igor Yushkov, a leading analyst at the Russian National Energy Security Fund and lecturer at the Russian Financ...
