SCO & BRICS latest news and insights
By Rhod Mackenzie
Western sanctions against Russia are no longer viewed as an impediment to the country's development. Instead, these measures have inflicted considerable harm on their initiators, particularly those in Europe. During the opening day of the XVI Verona Eurasian Economic Forum in Sam...
By Rhod Mackenzie
It has been proposed that twenty-four ships be constructed at Goa Shipyard Ltd, an Indian state-owned shipyard. The ships are intended to operate as part of the " North-South International Transportation Corridor" which goes from Russia to Iran via the Caspian Sea then across tha...
By Rhod Mackenzie
The Russian energy company Gazprom has agreed with China National Petroleum Corp (CNPC) and PipeChina to design and construct a pipeline section located in the Far East. The new pipeline will be used to supply Russian gas to China.
Constructing a pipeline tends to be a prolonge...
By Rhod Mackenzie
The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves...
By Rhod Mackenzie
For the first time, Gazprom has provided a detailed overview of its strategy for the Central Asian market. The company intends to enhance its presence in the region over the next 15 years. During the annual gas conference, Gazprom's CEO, Alexey Miller, expressed a willingness to...
By Suren Karr
Malaysia should consider joining the proposed BRICs currency union rather than resort to the proposed Islamic gold dinar as a reserve currency for international trade, says an economist. Ida Yasin of Universiti Putra Malaysia said the proposed BRICS currency would also be backed by g...
