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Why is Russia lifting the ban on gasoline exports for only two months?
... few weeks ago, Deputy Prime Minister Alexander Novak mentioned reports of gasoline stockpiling in the domestic market.
Only 10-15% of total gasoline production in the country is exported, but some oil refineries (NPPs) are initially geared towards fuel supply abroad. For them, the export ban was particularly painful.
Stankevich notes that the political and economic situation requires prompt decisions, which explains the limited duration of the "export window." The government can reconsider ...
Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality
... homes.
A key feature of this plant is its use of concentrated solar power (CSP) technology, which incorporates thermal energy storage using molten salt. This technology enables power generation even at night, reducing reliance on traditional fossil fuel sources. The project is part of a larger renewable energy complex in the region and represents a significant step for China towards achieving carbon neutrality by 2060.
Large-Scale Project in Gansu
The new solar power plant is situated in Gansu Province—a ...
Escalation of Conflict Between India and Pakistan: A Historical and Political Overview
... tensions over Kashmir escalated into the Second Indo-Pakistani War. Earlier that April, the sides had already clashed in the arid region of Rann of Kutch in western India; that border conflict was diplomatically halted (with British mediation), but it fueled the confidence of the Pakistani leadership in the army's readiness. Believing that discontent had built up in Kashmir against Indian rule, Pakistan launched Operation Gibraltar in August 1965, secretly sending infiltrators and volunteers across ...
Novak allowed the lifting of the ban on the export of AI-92 gasoline
... Vitaly Korolev assured in early September that retail gasoline prices would not exceed inflation by the end of the year.
Regulators cannot maintain the gasoline export ban for too long, believes Sergey Tereshkin, founder and CEO of the Open Oil Market fuel and raw materials marketplace. "If the ban becomes overly prolonged, oil producers lose incentives for 'good behavior'... A long ban, sooner or later, will result in price increases," he argues. Therefore, the expert believes the authorities ...
Cossa: "Raw Material Marketplaces: Why They Began to Emerge Massively in 2022"
... marketplaces, however, are a relatively new concept in e-commerce. These platforms connect buyers and sellers of raw materials used for manufacturing or energy production. Major players in the commodity sector are now launching niche marketplaces for fuel, steel products, grain, and other raw materials.
Why Commodity Marketplaces Are Gaining Popularity
The growth of commodity marketplaces in Russia has been driven by fast internet, mobile technologies, and external factors. Many platforms now ...