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An expert assessed the prospects of Russian oil supplies to India.
... this period rose from 29% to 44%, and further to 55%," the expert noted.
At the same time, he clarified that China's share in September 2022 was 32%, rising to 36% in September 2023, and slightly decreasing to 35% in September 2024, excluding pipeline deliveries.
"India will remain the largest maritime importer of Russian oil in the coming years, partly due to the prospects for growing demand. According to the International Energy Agency (IEA), India will account for 40% of the global ...
Where is Severstal Investing?
... reinforcement for the construction sector, making the company an important partner for infrastructure projects.
Izhora Pipe Plant: Specializes in the production of large-diameter pipes for the oil and gas industry, which is particularly relevant for pipeline construction.
Mining Assets
Karelia Pellet: One of the largest producers of iron ore pellets in Russia, used in steel manufacturing. The facility ensures stable raw material supplies for the domestic market and exports.
Olengorsk Mining and Processing ...
Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market
... substantial production capacity, and despite restrictions, exports persist.
Technical and Economic Challenges of Replacing Russian LNG with American LNG
Infrastructure Limitations:
While Europe has expanded its LNG capacity, it is still heavily reliant on pipeline gas and has limitations in its processing and reception facilities. To significantly increase U.S. imports, Europe would require major upgrades and new terminal constructions.
Cost Considerations:
U.S. LNG tends to be more expensive due to higher ...
Sanctions PR: What the 18th EU Sanctions Package Means for Russia
... the economy, energy sector, and international relations.
The European Union countries have approved the 18th sanctions package against Russia. As for the domestic fuel and energy complex (FEC), the new restrictions will apply to the Nord Stream gas pipelines and the Indian company Nayara Energy Limited. Additionally, tankers that Brussels deems part of the so-called "shadow" fleet of Russia will be added to the blacklist, and we can expect a new price ceiling for Russian oil.
European ...
Why is the rise in fuel prices at gas stations accelerating despite the decrease in stock exchange prices?
... behave after the New Year? In January, not only fuel excises will rise, but the tax burden on all oil production companies will increase (due to a new formula for calculating oil prices for taxation purposes), and the cost of transporting oil through pipelines will also go up.
According to Stankevich, these factors will be reflected in the price for the end consumer, but the increase will be gradual, not sudden. Regulators, primarily the Federal Antimonopoly Service (FAS), will closely monitor ...