SCO & BRICS latest news and insights
The European Commission aims to decrease its purchases of liquefied natural gas ( LNG from Russia starting this year. This is despite the fact that Russia is currently the second largest supplier of LNG to the continent, after the United States. However, finding a replacement for Russian volumes rem...
An article by Bloomberg has concluded that the Russian economy has fully adapted to the challenging situation it faces. Recently, the government released the forecast data on the country's trajectory towards becoming the 4th largest economy in the world. Experts have identified both opportunities an...
By Rhod Mackenzie
Following the collapse of Russian pipeline gas supplies to Europe due to sanctions and the explosion of the Nord Stream gas pipeline, they were replaced by liquefied natural gas (LNG). A fierce struggle unfolded for this and other strategic resources. The main competitors were th...
By Rhod Mackenzie
The termination of gas transit through Ukraine will formalise the end of Russian-European gas relations. The current transit agreement, which was agreed in 2019 following the resolution of the debt dispute between Gazprom and Naftogaz of Ukraine, will expire after 2024. The autho...
By Rhod Mackenzie
Confiscating the frozen assets of the Russian Central Bank by the European Union could have dire consequences for the eurozone and the global financial system. The EU has been attempting to seize our state's assets for some time, but has been hesitant due to potential repercussio...
By Rhod Mackenzie
Venezuela purchases Russian oil to dilute its own production and sell or use it domestically. While there may be other new counterparties involved, the end buyer often remains the same.
Unfortunately, 'green energy' has not lived up to expectations.
The news of Russian oil supp...
