SCO & BRICS latest news and insights
By Rhod Mackenzie
China's resale to Europe of some of the liquefied natural gas (LNG) supplied by Gazprom's Portovaya liquefaction complex is quite possible if EU countries face a cold winter, Igbal Guliyev, deputy director of the International Institute of Energy Policy and Diplomacy at MGIMO, to...
By Rhod Mackenzie
The European Commission President Ursula von der Leyen has announced the launch of an investigation into allegations that the Chinese government is subsidising the production of Chinese electric vehicles. From the outside, and it seems that the first impression is true, it looks...
By Rhod Mackenzie
The EU reports a sharp fall in its dependence on Russian oil and gas, but the US share of its imports has risen sharply. How does this threaten Europe?
Eurostat reports that by the end of June 2023, dependence on oil from Russia will have fallen from 29.2 per cent to 2.3 per ce...
By Rhod Mackenzie
The Chinese state-owned company Sinopec will be holding a tender to buy large volumes of LNG on the spot market. Analysts fear that the already high prices will return to last year's levels and that previously European bound cargoes will start to flow to Asia.
Chinese companie...
By Rhod Mackenzie
The low demand for gas in Europe is evidence of the malaise of the European economy. This malaise is particularly noticeable in Germany, whose economy is in a very difficult situation after its rejection of Russian pipeline gas supplies.
Along with record gas prices last year, t...
By Rhod Mackenzie
The US President Joseph Biden announced with New Delhi the creation of a major India-Middle East-Europe economic corridor for the supply of energy resources and products. This project could become a rival to a similar Chinese initiative - the Silk Road. Washington also wants to d...
