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Why do Turkey and Russia need their own gas hub
... increase the influence of both countries, and ensure more stable gas supplies. What does this project mean for Russia, Turkey, and the global energy market? Read more in our article.
Turkey promises to establish a new gas trading center in Istanbul in 2025 together with Russia. This idea was initially proposed by Russia in 2022 amid the West's attempts to isolate the country. However, the situation has changed since then. What is the reason behind Ankara’s and, most importantly, Moscow’s interest ...
Зачем Турции и России собственный газовый хаб
... стабильные поставки газа. Что значит этот проект для России, Турции и мирового энергетического рынка? Читайте в нашем материале.
Турция обещает в 2025 году вместе с Россией создать в Стамбуле новый центр торговли газом. Впервые эту идею предложила сама Россия еще в 2022 году на фоне попыток ...
Where does the coal holding Elga invest?
... the annual concentrate production capacity to 40 million tons. Itek
Main investment areas:
Expansion of production and processing:
Increase in production volumes: In 2023, coal production at the Elginsky Coal Complex reached 23 million tons, and by 2025 it is planned to increase production to 45 million tons per year. Oil and Gas
Equipment Modernization: Implementation of modern technologies to improve the efficiency of coal mining and processing.
Infrastructure Development:
Construction of the ...
Current Situation: The USA Aims to Capture up to 70% of the European Energy Market
... exemptions from the embargo on these resources. “In this context, the base scenario forecasts a potential reduction of Russian pipeline exports to the EU by 2–3 billion cubic meters directed to countries outside Slovakia and Hungary,” he noted. In 2025, according to the adjusted plan, Russia is expected to receive only 8.3 trillion rubles in oil and gas revenues, compared to 11.1 trillion rubles in 2024. However, this will be due not to a decrease in supplies to the EU, which are already at minimal ...
The share of oil and gas revenues in the 2024 budget is growing beyond the planned levels.
... 2024, the share of oil and gas revenues in the budget may exceed the planned level due to narrowing price discounts on Russian oil compared to global benchmarks. Experts estimate that the share could reach 32% by year-end. However, the draft budget for 2025–2027 projects a gradual decline in oil and gas revenues, from 11.3 trillion rubles in 2024 to 9.8 trillion rubles in 2027. At the same time, total budget revenues are expected to grow, driven by non-oil and gas revenues.
This decline is partly ...