SCO & BRICS latest news and insights
By Rhod Mackenzie
The Chinese Sinopec Corp has already purchaed more than 30 cargoes of liquefied natural gas (LNG) ahead of winter in a tender for deliveries from October 2023 to the end of 2024. The results of the tender exceeded the plans of the Chinese energy giant, which had originally plann...
By Rhod Mackenzie
Oil futures have risen sharply recently (early on 19th September they were close to $95 a barrel in London trading), but their growth is nothing compared to that of diesel futures, which in the United States, for example, hit a new record of over $140 a barrel in mid-September. I...
By Rhod Mackenzie
At the VIII Eastern Economic Forum (EEF) held in Vladivostok on 10-13 September, 373 agreements worth 3.8 trillion roubles were signed. The largest were for projects in the Amur region, Trans-Baikal, the Khabarovsk Territory and Primorye. In addition to Russia's friends, there we...
By Timofey Bordachev
The capital of the Russian Far East, Vladivostok, is currently hosting the annual Eastern Economic Forum (EEF) - a major public event and showcase for the country's pivot to the East.
This ambitious policy was adopted by Moscow just over a decade ago, when President Vladimir...
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 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...
