SCO & BRICS latest news and insights
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
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 Yaroslav Lissovolik
Since its inception in 2013, the Belt and Road Initiative (BRI) has transformed ideas into actions, from a vision into reality, and from a general framework into concrete projects. Evaluating the BRI’s accomplishments over the last decade raises questions. How has the BRI ad...
By Suren Karr
Malaysia should consider joining the proposed BRICs currency union rather than resort to the proposed Islamic gold dinar as a reserve currency for international trade, says an economist. Ida Yasin of Universiti Putra Malaysia said the proposed BRICS currency would also be backed by g...
By Ren Qi
China and Russia are working closely under the Belt and Road Initiative, and the growing markets in energy sector and e-commerce industry have attracted more enterprises to explore business opportunities, Russian experts said.
Oleg Timofeev, associate professor at RUDN University in Ru...
By Rhod Mackenzie
Amidst the acrimonious standoff between Russia and the collective West, Gazprom lost the major portion of its European gas market, accounting for up to 40% of its revenue in times of peace. The challenge now is to ponder over two options: replace the lost Western exports with tho...
