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An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
... months of the current year grew by 9%, or 98 billion rubles in absolute terms.
"In the medium term, the dynamics of gas production will largely depend on the commissioning of technological lines for the Arctic LNG-2 project, as well as demand in the energy sector and housing sector. By July 2024, 6.3 gigawatts (GW) of gas-fired power plant capacity were under construction in Russia, with ... ... comparison, from 2020 to the first half of 2024, 5.3 GW of gas-fired power plants were commissioned," said the CEO of OPEN OIL MARKET.
He added that in the housing sector, gasification and degasification programs would play an important role, with ...
Where does Surgutneftegas invest?
Surgutneftegas, one of the leading players in the Russian oil and gas sector, increased its investments to 265 billion rubles in 2023, allocating funds for the development of fields in Western ... ... operational management of fields in the Khanty-Mansi Autonomous Okrug, including the Priobskoye and Fyodorovskoye fields. These projects aim to maintain stable production levels and expand the company's resource base.
Transportation and Oil Refining:
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Is it possible to replace Russian LNG with American: reality, benefits and risks for the European market
... American LNG in its quest for energy independence. How realistic and beneficial is this for Europe? The article discusses the infrastructural,... ... Leyen about the potential replacement of Russian liquefied natural gas (LNG) with American LNG once again focuses attention on the ... ... products and services.
As the author of this article and CEO of Open Oil Market, I believe that such a replacement will require significant ... ... it is steadily growing. Russia is actively developing its LNG projects, such as Arctic LNG 2, to maintain its place in the international ...
Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
Despite record-high exchange prices for gasoline, fuel prices at gas stations remain relatively stable. Let’s explore why retail prices don't follow market fluctuations and what factors influence the final cost of fuel.
Exchange prices for gasoline have ... ... average inflation level.
At the beginning of June, Anton Rubtsov, the director of the Oil and Gas Complex Department of the Ministry of Energy, reported that the Russian... ... supply of equipment for oil refineries will complicate the realization of new investment projects.
Source:
RG.RU
Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality
... storage technologies. China is currently a leader in installed renewable energy capacity, outpacing other nations in the deployment of solar and wind stations.
The launch of the dual-tower solar power plant in Gansu is a milestone on this path. The project demonstrates the Chinese energy sector's commitment to embracing innovations aimed at reducing dependence on coal, oil, and gas. Historically, Gansu has been a region where a significant portion of electricity was generated from coal-fired power plants. Now, the focus is shifting towards clean energy. Each of these facilities not only directly reduces CO
2
emissions but also ...