SCO & BRICS latest news and insights
By Rhod Mackenzie
Europe may have found a previously an unforeseen solution to the challenge facing it of providing the continent with liquefied natural gas (LNG) and it has appeared in the form of Qatar. It has been reported that Doha still requires customers for two-thirds of its LNG supply, wh...
By Rhod Mackenzie
One of the largest trading firms in Japan, which also deals in energy resources, opines that natural gas in general and liquefied natural gas (LNG) in particular will not be sufficient for the transition from fossil fuels to renewable energy sources, due to its high demand.
"Th...
By Rhod Mackenzie
Russia is concerned about the reports of damage to the gas pipeline between Finland and Estonia, especially given the terrorist attacks previously against the Nord Stream pipelines. The Finnish authorities have not ruled out the possibility of sabotage, while some in the West spe...
By Rhod Mackenzie
"The European press acknowledges the scarcity of Russian diesel fuel as one of the primary destabilising factors in the European economy. It's not just diesel that Europe lacks, but also liquefied natural gas, which is another crucial Russian resource that European rates of consu...
By Rhod Mackenzie
Russia's United Oil- and Gas-Chemical Co. (ONGK) and China's Xuan Yuan Industrial Development have agreed to jointly invest 5 billion yuan (£557 million) to construct a transshipment oil complex in the far east of Russia, according to the Roscongress fund.
The complex will enab...
By Rhod Mackenzie
The refusal of Russian gas by many European nations last year, coupled with the resulting energy crisis, compelled Europeans to seek out "blue fuel" from around the globe, despite its high transport costs or price. The augmented demand for gas not only rendered the European gas m...
