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What are natural monopolies?

... companies such as Rosseti and the Federal Grid Company (FGC UES). These companies support and develop a unified energy network that supplies electricity to all regions of the country. Maintaining and modernizing this network requires significant investments,... ... tariffs and monitor the quality of services so that consumers can receive a stable supply of electricity at affordable prices. 2. Gas supply Gazprom is the largest Russian gas company, and is also a natural monopoly. Gazprom controls the production, transportation,...

The budget is in the black. What ensured the increase in oil and gas revenues?

... duties increased by 7% over the first seven months of 2024, amounting to an absolute growth of 66 billion rubles. This was partly due to the stabilization of gas exports to Europe. According to the European Network of Transmission System Operators for Gas (ENTSOG), Gazprom's supplies to the EU (including transit deliveries to Serbia and North Macedonia) averaged 97 million cubic meters per day in Q1 2024 and 96 million cubic meters per day in Q2. For comparison, the same figures for the first two quarters of 2023 were 67 ...

Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market

Gas prices in Moscow have reached a record high, marking a significant event for both drivers and market developers. The escalation of the geopolitical situation, rising oil prices, and instability in global markets are affecting the final retail prices....

Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm

... usually show the most significant growth. Moreover, over the last two years, it was at the end of summer that gas station prices caught up with the national 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 market was fully supplied with gasoline and diesel fuel (DF). As of June 5, the stocks of automotive gasoline at oil refineries and oil bases reached 1.8 million tons, which is 2% higher than the level at the same time last year. This suggests that there should be no ...

Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market

With the EU considering a shift from Russian LNG to American supplies, the question arises: is this transition technically feasible and economically sound? This article delves into the logistical, infrastructural, and financial challenges of replacing Russian gas, analyzing its impact on the European market and what it could mean for investors. Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market The recent statement from European Commission President Ursula ...