SCO & BRICS latest news and insights
By Rhod Mackenzie
After the Western sanctions, India has strengthened its role as a major buyer of Russian oil. The current volume of transactions is back to its peak. However, exporters have managed to capture another critical segment - fertilisers. Delhi started to increase its purchases from Mo...
European steel mills are facing challenges in adopting clean steel production methods. The costs are high, and there are limited economic incentives to do so.
The challenge of completing the energy transition at a rapid pace (as exemplified by the European Union's Green Deal program, which require...
Russia has successfully transitioned away from its reliance on high-power gas turbines from Siemens and General Electric, according to Rostec head Sergei Chemezov. Russia has achieved this independently, unlike Iran, which has relied on external assistance. The inaugural turbine will be installed at...
The consequences of the breakdown in relations with the West have finally caught up with both Gazprom and the Russian budget, for which the gas monopoly is an important donor. Sabotage at Nord Stream also added fuel to the fire, which resulted in the failure of gas pipelines. At the end of 2023, Gaz...
Sakhalin-2 significantly increased its liquefied natural gas (LNG) exports to China in April, delivering a record 440 thousand tons, according to RBC, which cited data from the analytical company Kpler. This represents a 3.4-fold increase compared to March and a 39% year-on-year growth.
"Exports to...
The planned volume of transit of Russian gas to China through Kazakhstan is approximately 35 billion cubic metres per year. This information was provided by the Kazakh Ambassador to Russia, Dauren Abaev.
"We are committed to optimising our transit potential." The roadmap has been duly signed. The...
