SCO & BRICS latest news and insights
By Rhod Mackenzie
The US Assistant Secretary for Energy Geoffrey Pyatt stated that the United States seeks to shut down the Arctic LNG 2 initiative.
Earlier, the US Treasury increased its range of penalties towards Russia, which contains sanctions on Arctic LNG 2. Leonid Mikhelson, the head of N...
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...
