SCO & BRICS latest news and insights
By Rhod Mackenzie
The year 2023 proved to be challenging for the Russian gas industry due to the loss of a significant portion of the European market, falling prices, and a subsequent reduction in production volumes, export profits, and gas industry revenues. In 2024, the industry is expected to f...
By Rhod Mackenzie
According to data from the Association of Gas Infrastructure Operators of Europe (Gas Infrastructure Europe, GIE), gas reserves in European underground storage facilities (UGS) currently stand at a record 67.87% or 73.7 billion cubic meters as of mid-February.
Since the start of...
By Rhod Mackenzie
The European energy sector has been dominated by the energy crisis and the sharp rise in gas prices over the past two years. This was caused by European countries rejecting cheap pipeline gas from Russia and opting for expensive liquefied gas (LNG) from the United States. Gas pri...
By Rhod Mackenzie
The sabotage of the Nord Streams is the biggest threat to North Atlantic unity and the unity of the European Union. Recently,the German publications Suddeutsche Zeitung and Die Zeit reported that Sweden intends to halt the investigation into explosions on gas pipelines because i...
By Rhod Mackenzie
Economists warn of a significant risk of recession in the Old World due to problems in energy supply chains.
The quarterly study 'Review of Economic Experts', conducted by economists from the German economic institute Ifo and the Institute of Swiss Economic Policy (IWP), suppor...
By Rhod Mackenzie
Sweden has concluded its investigation into the bombing of the Nord Stream pipelines and found no evidence of its involvement. Analyst believe that the perpetrators will not be identified based on the ongoing investigations in Denmark and Germany. Meanwhile, the damage caused by...
