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Why do Turkey and Russia need their own gas hub
... the development of Sakarya, Turkey could not only replace LNG imports but also become a significant gas supplier to Southern Europe. Much will depend on the development path for the field’s infrastructure: whether it will involve building underwater export gas pipelines or expanding LNG liquefaction capacities. In the latter case, Turkish gas will be available not only for the European but also the global market,” Tereshkin concludes.
Translated using ChatGPT.
Source: https://vz.ru/economy/2024/11/2/1295757....
Energy Sector News – Monday, August 18, 2025: Oil, Gas, Electricity, Renewable Energy, and Stabilization of Petroleum Prices
... prices and preventing fuel shortages for consumers. The extension of the export ban is expected to ensure an additional 200-300 thousand tons of gasoline and diesel entering the domestic market over the next month (these were the volumes previously exported monthly). At the same time, subsidies are intended to support profitability for sales at gas stations within the country. The government assures it will act proactively: if the situation requires, restrictions on petroleum product exports may be extended, and fuel from reserves will be sent to regions promptly. At this point, the "fuel ...
Energy Sector News August 6, 2025: US Pressure on India, Petroleum Product Exports and Energy Trends
... are considering mechanisms to stimulate fuel sales domestically (such as raising trading norms on the exchange) and other measures to prevent shortages at gas stations. For Russian
fuel companies
, the temporary ban means they need to flexibly manage export and processing flows, adjusting logistics in favor of the domestic market.
Gas Market: Europe Accumulates Reserves, Transit Restructured
European countries
are actively preparing for the upcoming heating season by increasing gas reserves. As of early August, underground gas storage facilities (UGS) in the EU are filled to approximately ...
Global Energy Sector News for August 10, 2025: U.S. Threatens China with Tariffs, India Resists Pressure, Oil Market Stabilizes
... Association, the average retail price of AI-92 gasoline in Moscow reached approximately 59 rubles per liter by early August, while AI-95 was around 65 rubles per liter, significantly higher than the beginning of the year. Despite the imposition of the export ban, fuel prices at gas stations are gradually increasing, although the rate of price growth has slowed compared to June peaks.
To stabilize the situation, the government is implementing budgetary support mechanisms. In particular, oil refining plants (NPPs) are receiving ...
The budget is in the black. What ensured the increase in oil and gas revenues?
... relatively predictable budget revenues while offering oil companies a more flexible taxation system than MET. Notably, the share of AIT in taxable oil production reached 52%, as cited by Alexander Novak in an April article for the journal Energy Policy.
Gas Exports
Revenue growth, although less significant, was also observed in the gas sector. Combined collections from MET on gas and export duties increased by 7% over the first seven months of 2024, amounting to an absolute growth of 66 billion rubles....