SCO & BRICS latest news and insights
By Dr Arvind Gupta
Relations between New Delhi and Moscow have continued to strengthen despite Western sanctions on Russia. India, exercising its strategic autonomy, refrained from openly criticizing Russia's military actions in Ukraine, much to the West's disappointment. This was stated by Arvind...
By Rhod Mackenzie
On January 1, Russia took over the chairmanship of BRICS. Since the beginning of this year, five more countries have joined the association: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. Argentina was also expected to join, but its new president, Javier Miley, abruptly change...
By Rhod Mackenzie
In November 2023, Russian LNG exports to Europe reached a record high of 1.75 million tons. Although slightly lower than the annual maximum level, the figure remained at a high level of 2.914 million tons in the last autumn month. Furthermore, Russia has regained its position as...
By Rhod Mackenzie
In Europe, the demand for gas has been artificially reduced, which has led to deindustrialization in many countries. Alexey Miller, the head of Gazprom, announced this on Thursday, December 28, during a meeting where the preliminary results of the year were discussed.
"We are a...
By Rhod Mackenzie
Russia has been able to withstand the impact of sanctions more easily due to the 'big country trap.' This conclusion was reached by the Institute of Economics of the Russian Academy of Sciences. The scientists explain that if a state is a major player, then limiting its exports,...
By Rhod Mackenzie
Equinor, the Norwegian energy company formerly known as Statoil, has signed a 10-year contract with German state energy company SEFE. The contract requires Equinor to supply 111 TWh (10 billion cubic meters) of natural gas annually from January 1, 2024 until 2034 at a fixed price...
