SCO & BRICS latest news and insights
Qatar has threatened to cease supplying liquefied natural gas to the EU. This decision follows the implementation of the EU's new ESG directive, which aims to penalise companies that do not meet the required standards for carbon emissions. For Europe, which has been looking to alternatives to Russia...
Following a its record loss in 2023 and the its first lossssince 1999, Gazprom this year has exceeded expectations, generating an impressive 46 billion dollars in revenue. Significantly, European customers played a pivotal role in driving this growth by maximising their purchases through the availab...
The growth of liquefied gas supplies to the EU may have a negative impact on the US economy, according to a statement released by the Energy Information Bureau of the US government in Washington. The anticipated rise in LNG exports is expected to result in elevated domestic gas prices. They perceiv...
The European Commision President Usula Von De Leyen has urged the United States to explore potential avenues for relaxing sanctions against Russia's Gazprombank. Meanwhile, how much gas do Russia's primary competitors supply as a result of the ongoing market supply fluctuations?
Also we look at d...
A new report by the Gas Exporting Countries Forum (GECF) which acts as a sort of informal OPEC for natural gas indicates that global gas consumption in 2024 may grow by 2.3%. The exporters forum is made up by the major Gas exporters including Russia and Qatar but interestingly not the USA.
Now Over...
Europe has a robust supply of natural gas, with storage facilities nearing full capacity. However, experts have advised that this does not provide a guarantee against the potential for fuel shortages and price increases. The gas supplies on which Europe now depends are extremely unstable. The situat...
