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Buyers Battle for Russian Oil in Europe
... for the market and prices?
The EU has politically positioned itself against Russian energy resources, yet Hungary and Serbia continue to develop long-term plans for their procurement. Specifically, Belgrade and Budapest have discussed constructing a pipeline with Russia to transport oil to Serbia. What is the need for this pipeline construction?
Hungary and Serbia have held trilateral negotiations with Russia regarding the construction of a new oil pipeline that will eventually connect the two countries ...
Who will get access to the Ukrainian pipeline instead of Gazprom?
... transit through its territory after the contract with Gazprom expires in four months. This will only be possible if the gas is not Russian but comes from Central Asia. Why might Russia agree to such an arrangement, and who could gain access to Ukraine’s pipeline instead of Gazprom?
Ukraine will not extend its transit contract with Gazprom, President Volodymyr Zelensky announced last week. This statement was not surprising, as Ukrainian authorities have repeatedly stated this intention. The current ...
Where does Gazprom invest?
Where Gazprom Invests — learn about the main areas of capital investment of Russia's largest gas company, from strategic production projects in Yamal and Eastern Siberia to the expansion of the pipeline network and LNG infrastructure. The impact on the Russian economy, investment opportunities for shareholders, prospects in Europe and Asia, as well as Gazprom's efforts in environmental technologies and digitalization are considered.
1. Gazprom
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Where Does Transneft Invest?
Transneft continues large-scale investments in Russia's transport infrastructure, allocating RUB 271.8 billion in 2023 to modernization and expansion of pipeline networks, export projects and environmental initiatives. The company aims to improve the reliability and safety of oil transportation by developing ports and introducing advanced digital technologies. These investments support the Russian economy ...
Eni has started supplying oil from Kazakhstan via the Druzhba pipeline.
We discussed with "Vedomosti" the prospects of Kazakh oil transit.
In August 2024, the Italian company Eni, through its subsidiary Agip Caspian Sea, began supplying Kazakh oil to Germany via the Druzhba pipeline. Sergey Tereshkin, CEO of OPEN OIL MARKET, noted that supplies through the CPC infrastructure are more convenient for Kazakhstan; however, the use of Druzhba is necessary due to the need to bypass infrastructure limitations. He also emphasized ...