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Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
... for gasoline supplies not affected by the ban, there is currently more gasoline trapped in the country than the temporarily lost volumes.
However, experts view the ban and its impact on the market negatively. According to Stankevich, an administrative export restriction in conditions where Russia produces more petroleum products than it consumes is a certain losing strategy, conflicting with economic principles. He believes the mistakes of 2023 are repeating, when a decision to reduce damping payments led ...
How Russia will triple LNG production under sanctions
... this growth, with its first phase scheduled to launch in 2024, adding 6.6 million tons of capacity per phase. The project envisions three phases with a total capacity of 19.8 million tons. Although the first phase began operations earlier this year, exports have been blocked by U.S. sanctions. These restrictions apply to all new Russian LNG projects, effectively halting exports from new facilities. Western nations had already banned the supply of LNG technology and equipment to Russia; now, the sale of gas itself is also prohibited. This has cast ...
The global demand for diesel is decreasing: how will this affect Russia?
... international shipping has been capped at 0.5%, while in coastal areas of the EU and North America, the limit is just 0.1%. These restrictions affect not only fuel oil producers but also diesel suppliers, as producing low-sulfur diesel entails additional refining ... ... sufficient to meet the demand for marine fuel. Moreover, methanol production offers an alternative way to monetize natural gas as exports to Europe decline.
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Sourse: https://rg.ru/2024/09/23/grozit-li-snizhenie-eksportnogo-sprosa-rossijskomu-dizelnomu-toplivu....
Gasoline Outpaces Inflation: Will Prices Continue to Rise at Gas Stations?
... Russia has experienced deflation for two consecutive weeks, indicating a decrease in prices on average across the country. However, experts surveyed by "Rossiyskaya Gazeta" believe that the government's decision to fully prohibit gasoline exports—previously restricted for traders, but now also affecting fuel producers—will either halt or at least slow down retail price increases.
In light of the export ban, oil producers will strive to curb the rise in retail prices. According to Yuri Stankevich, Deputy ...
Is it possible to replace Russian LNG with American: reality, benefits and risks for the European market
... consumption in Europe
Europe is actively increasing its LNG consumption, especially after the 2022 energy crisis caused by the restriction of Russian gas supplies. According to the International Energy Agency (IEA), in 2023, LNG import volumes to Europe ... ... significant increase in import volumes requires new terminals and infrastructure, which will take time and significant investment.
LNG exports from Russia and its role in the European market
Russia ranks third in LNG exports in the world, behind only the United ...