SCO & BRICS latest news and insights
By Rhod Mackenzie
The shift of Russian oil and petroleum product exports from Western sanctioned markets to Eastern and Southern markets is almost complete. However, replacing the European market for gas exports, whether pipeline or LNG, has proven to be a challenging task.
In the past two years,...
By Rhod Mackenzie
Qatar plans to take advantage of the temporary suspension of liquefied natural gas (LNG) export licences by the United States in January 2024 and increase its own production and exports by a further 16 million tonnes a year by the end of the decade. According to Bloomberg, Qatar...
By Rhod Mackenzie
According to Vladimir Nezhdanov, an analyst at the Institute of Current International Problems (IAMP) of the Diplomatic Academy of the Russian Foreign Ministry, trade turnover between Russia and China could reach a record level of over $250 billion by the end of 2024.
The leade...
By Rhod Mackenzie
Pakistani authorities have decided to finish building an 81 km gas pipeline from the port city of Gwadar to the Iranian border as part of the Iran-Pakistan gas pipeline project. The project, which has faced significant delays, will be completed in two phases.
Pakistan's Special...
By Rhod Mackenzie
While many countries are moving away from using coal to consign its use to history, China continues to increase its consumption. This commitment to coal seems to contradict China's impressive successes in green technologies and poses a threat to global efforts to combat climate ch...
By Rhod Mackenzie
As of mid-February, gas reserves in European underground storage facilities (UGS) are at a record level, but remain below 66%. Since the start of the heating season, over 41 billion cubic meters of gas have been withdrawn from EU underground storage facilities.
On February 14t...
