SCO & BRICS latest news and insights
Gazprom has taken first place in the list of Russia's most unprofitable companies in the year of 2023. For 35 years, the company, which was a symbol of the money that Russia earned from its gas and only ever generated only profits for the state which is its majority shareholder.
However, this trend...
The contract for the transit of Russian gas through pipeline transit system to Europe via the Ukraine is due to expire at the end of the year. Kiev has indicated that it does not intend to extend the contract, prompting the EU to explore alternative options. What are the EU'ss plans for obtaining t...
By Rhod Mackenzie
The German Government' shameful and cowardly cover up of the culprits behind the sabotage of the Nord Stream pipelines continues
Lets reacll on the night of 26 September 2022, explosions occurred on the pipelines of the Nord Streams. Three of the 4 pipelines were damaged .The ex...
By Rhod Mackenzie
There is no longer any uncertainty regarding the future of the Ukrainian gas transportation system (GTS) after 2024, when the current five-year transit contract expires. It is unlikely that the contract will be renewed. However, this does not mean that transit will cease entirely...
By Rhod Mackenzie
European natural gas futures fell to €31.5/MWh on Friday 19 April 2024, after rising to €33.8. Investors are closely monitoring the situation in the Middle East. Iran does not seem to attach much importance to Israeli retaliatory attacks and the risks of an immediate response hav...
In February 2024, Gazprom became the largest supplier of pipeline gas to China, surpassing the long-time leader Turkmenistan for the first time. This was reported by the General Administration of Customs of the People's Republic of China.
At the same time, in terms of the amount of pipeline gas and...
