... Tereshkin clarifies. At the same time, some experts believe that the stimulation of oil refining continued through the operation of the damping mechanism—a compensation for oil companies from the budget covering part of the price difference between the European and Russian markets. The damping mechanism has been operating in the Russian market since 2019. Translated using ChatGPT Sourse: https://rg.ru/2024/07/16/eksperty-ocenili-vliianie-podorozhaniia-akcizov-na-toplivo-na-ceny-na-azs.h...

... Caspian Sea," a subsidiary of the Italian Eni, has started supplying Kazakh oil to Germany through the Druzhba pipeline. This was reported to Vedomosti by two sources familiar with the Ministry of Energy's statistics. Sergey Tereshkin, OPEN OIL MARKET: For Kazakhstan, deliveries through the CPC infrastructure are more convenient, as it was specifically built for European shipments. The volumes of supplies through CPC are incomparably higher than those through Druzhba. For example, in 2023, the shipment of oil at the CPC marine terminal amounted to 63.5 million tons, of which 56.1 million tons came from Kazakhstan,...

... practice, however, the revenue used to calculate AIT liabilities is determined based on a fixed discount to Brent prices in global markets. This provides the Ministry of Finance with relatively predictable budget revenues while offering oil companies a more ... ... absolute growth of 66 billion rubles. This was partly due to the stabilization of gas exports to Europe. According to the European Network of Transmission System Operators for Gas (ENTSOG), Gazprom's supplies to the EU (including transit deliveries ...

... Policy: Ongoing tax cuts and encouragement of domestic investments. Eurozone: GDP Growth: 0.9%. Continued easing of rates by the European Central Bank is anticipated to support the economy, although it will not mitigate the impacts of American tariffs. China: ... ... Growth: 5.7%. The country remains relatively insulated due to strong domestic demand and supply chain diversification. Currency Markets U.S. Dollar: The dollar is projected to continue strengthening, with the euro expected to decline to $0.97 and the Mexican ...

... much smaller amount will suffice. This particularly applies to investments in real estate acquisition. Currently, the domestic market is difficult to label as promising. In contrast, the situation abroad is entirely different. With proper investment, an ... ... income but also obtain a residence permit or even citizenship. For instance, this applies to investing in real estate in most European Union countries. Many of these nations attract additional funds into their economies through this method. In this case,...