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Russia has found a way to maintain gas supplies to Europe bypassing sanctions.
... on the European companies that agreed to buy Russian gas was much stronger than it is now. Back then, they could be vilified and accused of supporting Russia. Now, adopting the new scheme politically will be easier. However, from a practical standpoint,... ... banks remain under sanctions. Therefore, unfortunately, there could still be issues with making payments, as well as the risk of gas supplies to Europe being interrupted,” says Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace.
Translated usin ChatGPT
Sourse: vz.ru/economy/2024/12/9/1302044.html
Desert Without a Storm: Why Oil Prices Aren't Breaking Records
... panicking, should we expect oil prices to reach $300 per barrel, and how are these developments affecting Russia? Forbes provides insights.
During the acute phase of the conflict that began on June 13, Israel targeted not only military sites but also oil and gas infrastructure. On June 14, the South Pars gas field, which supplies Iran with two-thirds of its fuel, as well as a gas processing plant and a major oil depot near Tehran capable of holding nearly 260 million liters of gasoline, diesel, and aviation ...
Why is the rise in fuel prices at gas stations accelerating despite the decrease in stock exchange prices?
... not exceed 5-7% and do not ensure profitability for gas stations not part of vertically integrated companies (about half of gas stations in Russia). Therefore, retail prices are not decreasing along with wholesale prices. Inflation, rising costs in production, transportation, and fuel sales contribute to the price increase, the expert explains.
Additionally, the rise in gasoline prices is attributed to the fact that the export ban was lifted for only two months, according to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform. Oil companies understand that after January 31, 2025, the foreign market will again be closed, so they have ...
Strong energy bonds
... unit commenced on February 28, 2022, with the pouring of the first concrete.
Chinese Interests in Russia
Chinese corporations primarily participate in overseas projects focused on exporting energy resources to China, notes Maxim Malkov, head of the oil and gas sector practice at Kept. Chinese partners' equity involvement ensures stable supplies of fuel and energy resources to China. For instance, in Novatek's Yamal LNG project, Chinese CNPC and the Silk Road Fund hold 20% and 9.9% stakes, respectively, ...
Europe may completely lose Russian gas.
... Turkey could profit," Yushkov notes.
Nevertheless, Gazprom faces potential losses of up to 25 billion cubic meters of gas, which could necessitate production cuts, affecting the Russian budget due to reduced taxes and export duties. While these losses are smaller compared to the 130 billion cubic meters lost earlier, they remain significant ... ... sanctions package, its implementation might be delayed until 2026," Yushkov predicts.
Sergey Tereshkin, CEO of Open Oil Market, adds that a complete LNG ban is unlikely before the end of the winter season (March 31), as Russian LNG helps Europe ...