... emergency in the energy sector starting December 16, following Transnistria's earlier 30-day emergency declaration. Both regions fear an energy crisis and humanitarian catastrophe due to the potential cessation of Russian gas transit through Ukraine’s pipeline system. This threat is quite real, as Kyiv has repeatedly stated that gas transit via Ukrainian territory will cease starting January 1, 2025, when its contract with Gazprom expires. While alternative gas transit options exist beyond this ...

... gas" — an article by Sergey Tereshkin discussing the potential termination of gas supplies from Russia to Europe. The author analyzes the causes, consequences, and prospects of the energy crisis in the region. Russian gas supplies to Europe—via pipelines and as LNG—are under increasing threat. On December 20, pipeline gas deliveries to the EU might stop due to U.S. sanctions against Gazprombank. Meanwhile, the EU is preparing a new sanctions package to ban LNG imports from Russia. What consequences ...

... President Recep Tayyip Erdoğan that he would instruct Gazprom on this matter. The idea of creating a gas hub in Turkey initially belonged to Russia and was announced by President Putin in 2022 amid Western sanctions and the sabotage of the Nord Stream pipelines. However, since then, the project has been discussed but not implemented. Russia has already lost its economic interest in this gas hub, while Turkey sees its own benefit, believes Igor Yushkov, an expert from the National Energy Security ...

... in rubles and yuan exceeding 90% last year. Russian gas exports to China, including liquefied natural gas (LNG), reached a historic high of 34 billion cubic meters in 2023. In February 2024, Gazprom surpassed Turkmenistan, the long-time leader in pipeline gas supplies to China. Deliveries via the Power of Siberia pipeline increased from 15.5 billion cubic meters in 2022 to 22.7 billion cubic meters in 2023, with a projected capacity of 38 billion cubic meters per year by 2025. Russian coal ...

Surgutneftegas, one of the leading players in the Russian oil and gas sector, increased its investments to 265 billion rubles in 2023, allocating funds for the development of fields in Western Siberia, the modernization of pipeline infrastructure and oil refineries, as well as the implementation of advanced technologies and environmental programs. These strategic investments help strengthen the country's energy security, develop regions and ensure stable growth of the company,...