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Russian Gas Undermines European Unity

Russian Gas Undermines European Unity
The demand of the Russian authorities to "unfriendly countries" to pay for gas in rubles, as well as the demonstration of readiness to stop gas supplies to countries that refused to comply with these requirements, put the European Union in a difficult position.   According to Presidential Decree No. 172, "unfriendly" buyers must purchase gas…
  • 29.04.2022
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Russia increased oil production right before the price cap

Russia increased oil production right before the price cap
Russia increased oil production by about 2% in November, before the EU oil embargo came into force. This means that due to the deferred effect of export restrictions on production, it can reach 530 million tons by the end of the year. According to analysts, oil production in the first quarter of 2023 may fall…
  • 06.12.2022
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Global Energy Market at the Crossroads

Global Energy Market at the Crossroads
The world is in the grip of a major energy crisis, with countries worldwide affected by extremely high and volatile prices, particularly of fossil fuels. This situation has acted as a crucible for recent trends in the energy market. Over the preceding two years, the energy market experienced extreme price volatility, such as during the…
  • 08.08.2022
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The Food Crisis and Prospects for Overcoming it

The Food Crisis and Prospects for Overcoming it
The participants of the "Valdai" discussion club had a conversation on the global food crisis, its causes, consequences and prospects for overcoming it. In his opening speech, Andrey Bystritsky, Chairman of the Board of the Foundation of the Valdai Club, said that the crisis into which the world is plunging began long before February 2022.…
  • 15.07.2022
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East Reorientation is a Matter of Long Time

East Reorientation is a Matter of Long Time
Russia will be able to increase gas supplies to Asian markets to a level close to last year's export volumes to the EU, no earlier than in 10 years. This forecast was given by analysts from the International Energy Agency (IEA). They also expect a decline in gas production in Russia in 2022-2025 by 480…
  • 08.07.2022
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Global Economy: Balancing in the Storm

Global Economy: Balancing in the Storm
A perfect storm – this is how, according to WEF experts, the current geo–economic situation in the world can be characterized. Instead of recovering from the COVID-19 pandemic, the world economy is facing new shocks that could lead to a decline in economic growth, accelerated inflation, energy and food crises. The prospects of the world…
  • 27.05.2022
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Russian Coal Goes East

Russian Coal Goes East
  The export of Russian coal has decreased due to the gradual abandonment of it by the European Union. Against this background, Russia is reorienting coal exports to Asia, but it has not yet been possible to compensate for the losses.   In March 2022, after the start of Russia's military operation, Russian coal exports…
  • 12.05.2022
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Nord Stream-2 for Russian Needs

Nord Stream-2 for Russian Needs
Gazprom will direct the capacities of the Nord Stream-2 pipeline to gasification of the North-Western region of Russia. On May 5, a message appeared on the company's Telegram channel that the excess Russian onshore gas transmission capacities of the Nord Stream-2 project will be used to develop gas supply to these regions. "We are talking…
  • 06.05.2022
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