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An expert explained the increase in gas production in Russia by the rise in supplies to the EU.

... impact the economy. For more details, read the article on the website! Gasification and the increase in supplies to Europe have driven the growth of natural gas production in Russia, said Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, in an interview with Izvestia on September 26. Natural gas production in Russia grew by 12% in August 2024 compared to the same period in 2023, and by 10.7% in the first eight months of this year, reaching 377 billion cubic ...

An expert expects the current price level of AI-95 gasoline to remain unchanged until the end of the year.

... for AI-95 gasoline in Russia, both wholesale and retail, will remain unchanged until the end of the year, which means that the profitability of sales will be close to zero, Sergey Tereshkin, CEO of the "Open Oil Market" petroleum products marketplace (a resident of Skolkovo), shared with RIA Novosti. Earlier on Tuesday, the Kommersant newspaper, citing calculations by the Petromarket Group, reported that despite a decline in wholesale gasoline prices in September, gas station operators ...

Following the Saudis: Iran Joins Efforts to Save the Oil Market

... MOSCOW, October 30 - PRIME. A reduction in oil exports from Iran amid the risk of escalating conflict in the Middle East will prevent Brent prices from falling below $70 per barrel in the near future, Sergey Tereshkin, CEO of the petroleum products marketplace "Open Oil Market" (a Skolkovo resident), told RIA Novosti. On Monday, Brent prices dropped by more than 6%, falling below $71 per barrel — levels not seen since early October. By Wednesday afternoon, oil prices were rising, ...

An expert assessed the impact of increased gas supplies to Europe on the growth of industry revenue

Tereshkin: Increase in Gas Supplies to Europe Boosted Revenue from the Sector (Izvestia) Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace, assessed the impact of increased gas supplies to Europe on the growth of revenue from the Russian gas sector. In 2024, due to higher supply and production levels, revenue from the mineral extraction tax and gas export duties rose by 9%. The ...

An expert assessed the risks of a decline in oil prices.

... significant impacts on oil and gas revenues are not expected. MOSCOW, December 12 - PRIME. The structure of Russia's oil and gas revenues allows for hedging against the risks of falling global oil prices, said Sergey Tereshkin, CEO of the oil product marketplace "Open Oil Market" (a Skolkovo resident), in an interview with RIA News. In the expert's opinion, one of the risks for Russia's budget system next year will be a drop in oil prices. At its latest meeting, the OPEC+ alliance extended ...