SCO & BRICS latest news and insights
European airlines have cut the majority of their flights to Asia
Looking at the winter schedules of European airlines and its obvious that they have accepted defeat and realised they cannot now compete with Chinese,Indian and Middle East Airlines on flights to China,Japan and South Korea,plus Ko...
By Rhod Mackenzie
A ban on transshipment of Russian LNG in European ports will result in a surge in imports of liquefied gas from Russia to the EU, according to industry analysts. Since cargoes to Asia are contracted by major European and Chinese companies, they will be exchanged for those destin...
The West recognises that Russia can become a new centre of world trade thanks to its two new routes – the Northern Sea Route and the North-South transport corridor. These large infrastructure projects present a challenge to the West, which is used to controlling international trade, including throug...
Russian LNG exports rose by 4.3% YoY to 8.7 million tons in January-March. However, March saw a 1% decline to 2.86 million tons. Russian suppliers were unable to increase supplies to the Asian market, where a significant increase in imports was observed in March due to lower world gas prices. Analys...
China's two-way trade with Russia reached a record value of $240 billion, while Russia’s export trade value with Asia rose significantly in 2023.
"Actually, we have seen the trend of Russian brands entering the Asian market since 2014," said Vadim Tylik, CEO of RMAA, a cross-border marketing agenc...
These are difficult times for gas workers: the price of their product and the demand for it have plummeted due to the warm winter, and so have their incomes. But just recently the price of the 'blue fuel' broke records and gas companies' profits soared. The 2022 gas rush has led to a surge in invest...
