SCO & BRICS latest news and insights
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 recently approved bill by the Turkish Parliament will allow Turkey to export liquefied natural gas (LNG) to European countries. This was stated by Yashar Arslan, the head of the Turkish Gas Distributors Association (GAZBİR).
On 2 May, the Turkish Parliament voted in favour of a bill regulating...
The United States has continued its attack on Russian LNG projects. The fourth wave of sanctions affected Chinese companies and specialized vessels. The impact on China, as the third party involved in this story, is not accidental. Why is Washington punishing China and how will this affect the fate...
By Rhod Mackenzie
There is a degree of tension in the European market, with one of the largest LNG terminals in the United States, in Freeport, Texas, unable to overcome a production bottleneck. Following a significant fire almost two years ago and extended downtime for repairs, American gas worke...
By Rhod Mackenzie
The past year is unlikely to be a good one for Russia's energy sector. Under the influence of sanctions and other negative circumstances, the Russian Federation's oil and gas revenues fell by almost a quarter (23.9%) in 2023 compared to the previous year, according to Reuters.
Ac...
