SCO & BRICS latest news and insights
By Rhod Mackenzie
The German Chancellor Olaf Scholz has arrived in China for a three-day visit. However, upon his arrival, he was not greeted by an official representative of the Foreign Ministry or someone of equal rank, but rather by a third-rate official. This is a clear violation of diplomatic...
By Rhod Mackenzie
In March, Russian liquefied natural gas (LNG) supplies to Europe reached a historical record of 2.15 billion cubic meters, according to Bruegel and reported by the InfoTEK portal.
This is the second highest volume of supply after the United States, which supplied 5.151 billion...
By Rhod Mackenzie
As interested observers and market participants may recall, the Group of Seven (G7) countries, along with the European Union, Australia, and New Zealand, agreed to cap the price of a barrel of Russian oil transported by Western tankers and insured by Western insurers at $60 from...
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...
On Tuesday, Sergei Lavrov, the Russian Foreign Minister, concluded his two-day visit to Beijing. The purpose of his trip was to prepare for the upcoming visit of the Russian President Vladimir Putin to China, which was confirmed by the Kremlin on the same day. During the negotiations, much attention...
By Rhod Mackenzie
The transportation of containers from China to the EU via rail, which passes through Russian territory which was disrupted due to the hostilities in Ukraine, is now being restored. In the first quarter, the amount transported grew by 44% to 90 thousand TEU, which is almost the sa...
