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By Rhod Mackenzie

China's resale to Europe of some of the liquefied natural gas (LNG) supplied by Gazprom's Portovaya liquefaction complex is quite possible if EU countries face a cold winter, Igbal Guliyev, deputy director of the International Institute of Energy Policy and Diplomacy at MGIMO, to...

By Rhod Mackenzie

A number of leading oil companies in India are considering the possibility of using revenues from assets in Russia totalling $600 million to buy oil from the Russian Federation because of difficulties in repatriating dividends, The Economic Times newspaper reported, citing offici...

By Rhod Mackenzie

There are no problematic issues in the negotiation process on the gas hub project in Turkey with the Russian side, at this stage Ankara is only studying the market, the parties are aiming at active work, a source in the Turkish energy sector involved in the development of the pro...

By Rhod Mackenzie

China's post-pandemic recovery will lead to a sharp rise in oil demand in the coming months, the IEA predicts. Until now, Western analysis has been dominated by scepticism about the prospects for the Chinese economy. Oil prices responded to the agency's report with growth. This w...

By Rhod Mackenzie

The OPEC+ countries participating in the deal reduced their production by 20 thousand barrels per day in August compared to July, to 35.99 million barrels per day, the overhang of quotas amounted to 3.59 million barrels per day, according to the monthly report of the Internationa...

By Timofey Bordachev

The capital of the Russian Far East, Vladivostok, is currently hosting the annual Eastern Economic Forum (EEF) - a major public event and showcase for the country's pivot to the East.

This ambitious policy was adopted by Moscow just over a decade ago, when President Vladimir...