SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia is investing $8 billion in Iran's gas projects, and part of this amount — about $5 billion — is already earmarked for specific contracts, according to the Islamic Republic's Ambassador to Moscow, Kazem Jalali. Russia's involvement in Middle Eastern affairs could potentiall...
The ongoing trade tensions between the US and China are intensifying. In response to Donald Trump's 34% tariffs, Beijing introduced a symmetrical response and also ceased purchasing American liquefied natural gas (LNG). In addition, due to the high tariffs, China has begun to resell it on the global...
While Europe attempts to maintain a balance between the sanctions on Russia and its survival, the situation with gas suppllies is becoming increasingly unpredictable. Each day brings new developments, testing the strength of unity of the EU. The question of whether Europe will be able to withstand...
Following discussions with the Ukrainian President, the Prime Minister of Slovakia confirmed that Ukraine is prepared to facilitate the supply of Azerbaijani gas through its own territory. However, this development has not been met with universal enthusiasm. The logistics of arranging gas supplies f...
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...
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...
