SCO & BRICS latest news and insights
By Rhod Mackenzie
In March, Russian liquefied natural gas (LNG) supplies to Europe reached a historical record of 2.15 billion cubic meters, according to Bruegel and reported by the InfoTEK portal.
This is the second highest volume of supply after the United States, which supplied 5.151 billion...
Russian LNG exports rose by 4.3% YoY to 8.7 million tons in January-March. However, March saw a 1% decline to 2.86 million tons. Russian suppliers were unable to increase supplies to the Asian market, where a significant increase in imports was observed in March due to lower world gas prices. Analys...
By Rhod Mackenzie
The Ghost Of Nord Stream continues to haunt Europe. Russia has pivoted to Asia with its energy output,it has increased gas supplies to China through the Power of Siberia Pipeline and a second pipeline is planned,LNG supplies to Asia continue to increase and Europe is in a quandry...
These are difficult times for gas workers: the price of their product and the demand for it have plummeted due to the warm winter, and so have their incomes. But just recently the price of the 'blue fuel' broke records and gas companies' profits soared. The 2022 gas rush has led to a surge in invest...
According to Dmitry Kobylkin, the head of the State Duma Committee on Ecology, Natural Resources and Environmental Protection, the BRICS platform has the potential to coordinate efforts in protecting and promoting national interests, as well as developing common approaches to natural resource manage...
An article on the Oilprice website reports on the expansion of and the deepening of the cooperation between Russia and Iran, with a focus on energy, particularly gas. Earlier this year, the Iranian Supreme Leader Ali Khamenei approved a 20-year comprehensive cooperation agreement, similar to the 25-...
