... shift the balance of power in the European energy market, 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 ... ... profits,” Yushkov says. However, Russia has a reasonable question: if we allow Turkey to become intermediaries and earn money from reselling our gas, what will Turkey give us in return? Turkey offers the gas hub, but it has not been created yet. ...

... UK as part of a wide representative sample of small business owners, it turned out that more than 50% of respondents cited independence as the main motive for starting their own business. Only 18% of respondents said that the main reason was making money, and 10% named other reasons, including such as pleasure, challenge, more opportunities for creativity, personal satisfaction. And in another recent study, 80% of Russian entrepreneurs surveyed (121 respondents participated in the survey) said that ...

... difference between the indicative (conditional) price of fuel, set by the state, and its export value. It is paid for wholesale fuel supplies with a deviation from the indicative price (on average per month) of no more than 10% for gasoline and no more than 20% ... ... rubles. However, the gasoline still needs to be delivered to gas stations, which also pay taxes, employee salaries, and spend money on maintaining operations. The damping mechanism has been in place in the Russian fuel market since 2019. In its entire ...

... one-off items are largely paper-based: they reflect current revaluation and accounting rules rather than the movement of real money. Nevertheless, they impact reported net loss or profit and the amount of retained earnings, which depend on potential dividends.... ... fuel prices, albeit with a lag). Additionally, gas exports to Asia will continue to grow: Gazprom plans to further increase supplies to China via the existing pipeline, approaching design capacity. The second half of the year will see the commissioning ...

... the damping mechanism curbs the rise in wholesale prices and softens price fluctuations. Although funded from the budget, the money for it comes from the oil extraction sector in the form of taxes (which were increased to enable the damping payments). ... ... The market could indeed respond to news about reduced gasoline shipments, but it is unlikely to reflect a tangible decline in supplies in such a short timeframe. In 2024, Novokuybishevsk refinery produced around 1.1 million tons of gasoline, while Ryazan ...