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How Russia will triple LNG production under sanctions
... pipeline gas supplies to Europe, as noted by Russian Deputy Prime Minister Alexander Novak at the end of last year.
The first major project, "Arctic LNG-2," was expected to spearhead this growth, with its first phase scheduled to launch in 2024, adding 6.6 million tons of capacity per phase. The project envisions three phases with a total capacity of 19.8 million tons. Although the first phase began operations earlier this year, exports have been blocked by U.S. sanctions. These restrictions ...
OPEC+ vs Trump: Why Oil Prices Aren't Dropping and What Threats Against Russia Have to Do With It
... production with the aim of reclaiming market share, which before the cuts in late 2020 was about 50% and has now dropped below 45%,” Skryabin clarified.
Production has also been increased by countries outside OPEC+, particularly the U.S. and Brazil. In 2024, U.S. crude oil production increased by 270,000 bpd (+2%) on an annual basis to an average of 13.2 million bpd. Brazil elevated its output by 14% over five years to 3.358 million bpd.
How Will Buyers of Russian Oil React?
According to calculations ...
Sergey Tereshkin: Adjusting the damper may lead to an increase in exchange fuel prices.
... industry. The investment surcharge is intended for oil refineries (ORFs) whose production of petroleum products accounts for less than 75% of the volume of primary oil processing but who invest in modernizing the refineries.
In the first half of 2024, the investment surcharge accounted for 6% of subsidies to refineries, including the damping and reverse excise (105.8 billion rubles out of 1899 billion rubles). The problem is that sanctions on equipment supplies for ORFs have significantly complicated ...
Новости ТЭК на 21 марта 2025 года: заседание ТПП РФ и развитие энергетических проектов
... энергетической отрасли России.
Ленинградская АЭС-2: Продолжается строительство третьего и четвёртого энергоблоков с реакторами ВВЭР-1200. В марте 2024 года был заложен первый бетон в основание реакторного здания блока №3, а начало строительства блока №4 запланировано на 2025 год. Эти проекты ...
An expert predicted the dynamics of gasoline prices in Russia until the end of 2024.
Sergey Tereshkin: The rate of gasoline price growth in Russia by the end of the year will be lower than in the summer (Prime news agency).
An expert has forecasted the dynamics of gasoline prices in Russia through the end of 2024. An article published on the website Sergeytereshkin.ru analyzes the key factors influencing fuel costs. These include the situation in the global oil market, domestic price regulation policies, and seasonal fluctuations in demand. The specialist ...