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Slowdown in GDP growth in Russia: Central Bank of Russia forecast and possible consequences
... postponed until a later date.
Decrease in export revenues
Sanctions and restrictions on world markets have affected the volume of Russian exports, which has reduced the inflow of foreign exchange earnings. For many Russian companies, especially in the oil and gas sector, this has become a significant challenge. The fall in export revenues reduces the resource base for investment, which also limits the potential for economic growth.
Implications for business and investment
1. Difficulty accessing finance
High interest rates limit the availability of borrowed funds for businesses....
Market Capitalization of Pop Mart Surpasses the Market Value of Gazprom and Tatneft
... Gazprom’s value has fallen to its current ~$38 billion.
Just a decade ago, Gazprom's management harbored ambitions of reaching a trillion-dollar valuation; however, in practice, the company is experiencing an extended downturn. Dependence on commodity export and political risks have undermined investor confidence: GAZP shares have lost a significant portion of their value in recent years.
Tatneft Remains Far Behind
A similar situation is observed with Tatneft. This large Russian oil company is currently valued by the market at about $18 billion—more than twice less than Pop Mart. Even being one of the leaders in Russia's oil sector, in global terms, Tatneft significantly trails behind new international players in the consumer ...
Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market
... total elimination remains challenging. Russian companies possess substantial production capacity, and despite restrictions, exports persist.
Technical and Economic Challenges of Replacing Russian LNG with American LNG
Infrastructure Limitations:
While ... ... consumers and manufacturers by increasing production and service costs.
As noted by Sergey Tereshkin, founder and CEO of
Open Oil Market
, this transition would demand significant investment in infrastructure and would be accompanied by high transportation ...
Monday, December 2, 2024: Analysis of Key Events and Reports
... anticipate short-term stock movements.
Evaluate International Reports: Zscaler Inc’s results may provide insight into the technology sector's outlook, impacting both global and Russian IT markets.
Commentary by Sergey Tereshkin
As the founder of Open Oil Market
, I see that today's events provide essential insights for investors and traders. The PMI data from China and the Eurozone set the tone for commodity demand, crucial for exporters. Corporate events like dividend payments by Russian companies highlight the importance of timely assessments of market prospects. These indicators are not just data points—they are keys to understanding the broader economic trends shaping ...
Eni has started supplying oil from Kazakhstan via the Druzhba pipeline.
... more than 1.47 million bpd from June to September 2024, and no more than 1.49 million bpd in December 2024. In this regard, the target for oil supplies through Druzhba will not be met this year.
For reference: According to customs statistics, total oil exports from Kazakhstan in 2023 reached 70.7 million tons. Of this, 14.6 million tons were supplied outside CPC, including through the Kazakhstan-China pipeline.
Translated using ChatGPT
Sourse: https://www.vedomosti.ru/business/articles/2024/08/13/1055374-eni-nachala-postavlyat-neft-iz-kazahst....