SCO & BRICS latest news and insights
By Rhod Mackenzie
During January-October 2023, China experienced a 14.5% surge in oil imports and an 8.8% increase in natural gas imports, as per the General Administration of Customs of the People's Republic of China's Tuesday report.
During the reported period, China imported 473.21 million ton...
The priciest gas for households in Europe this year can be found in the Netherlands and Sweden, while the most cost-effective options are in Belarus and Russia. This information pertains to calculations based on data from national statistical services.
In the first half of this year, Dutch househ...
By Rhod Mackenzie
Europe's commitment to weaning itself off Russian fossil fuels appears to be in name only. Imports of Russian LNG into the European Union have now reached record levels. Spain and Belgium have doubled their purchases.
According to the Centre for German Studies at the Russian I...
By Rhod Mackenzie
The Russian energy company Gazprom has agreed with China National Petroleum Corp (CNPC) and PipeChina to design and construct a pipeline section located in the Far East. The new pipeline will be used to supply Russian gas to China.
Constructing a pipeline tends to be a prolonge...
By Rhod Mackenzie
The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves...
By Rhod Mackenzie
The European Commission has stated that the European Union intends to limit the import of Russian gas to 40-45 billion cubic metres by the close of 2023. On November 2, Igor Yushkov, a leading analyst at the Russian National Energy Security Fund and lecturer at the Russian Financ...
