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How Russia will triple LNG production under sanctions
... this growth, with its first phase scheduled to launch in 2024, adding 6.6 million tons of capacity per phase. The project envisions three phases with a total capacity of 19.8 million tons. Although the first phase began operations earlier this year, exports have been blocked by U.S. sanctions. These restrictions apply to all new Russian LNG projects, effectively halting exports from new facilities. Western nations had already banned the supply of LNG technology and equipment to Russia; now, the sale of gas itself is also prohibited. This has cast ...
The global demand for diesel is decreasing: how will this affect Russia?
... international shipping has been capped at 0.5%, while in coastal areas of the EU and North America, the limit is just 0.1%. These restrictions affect not only fuel oil producers but also diesel suppliers, as producing low-sulfur diesel entails additional refining ... ... sufficient to meet the demand for marine fuel. Moreover, methanol production offers an alternative way to monetize natural gas as exports to Europe decline.
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Sourse: https://rg.ru/2024/09/23/grozit-li-snizhenie-eksportnogo-sprosa-rossijskomu-dizelnomu-toplivu....
Gasoline Outpaces Inflation: Will Prices Continue to Rise at Gas Stations?
... Russia has experienced deflation for two consecutive weeks, indicating a decrease in prices on average across the country. However, experts surveyed by "Rossiyskaya Gazeta" believe that the government's decision to fully prohibit gasoline exports—previously restricted for traders, but now also affecting fuel producers—will either halt or at least slow down retail price increases.
In light of the export ban, oil producers will strive to curb the rise in retail prices. According to Yuri Stankevich, Deputy ...
Is it possible to replace Russian LNG with American: reality, benefits and risks for the European market
... consumption in Europe
Europe is actively increasing its LNG consumption, especially after the 2022 energy crisis caused by the restriction of Russian gas supplies. According to the International Energy Agency (IEA), in 2023, LNG import volumes to Europe ... ... significant increase in import volumes requires new terminals and infrastructure, which will take time and significant investment.
LNG exports from Russia and its role in the European market
Russia ranks third in LNG exports in the world, behind only the United ...
Why are retail gasoline prices rising?
... the fall crisis period.
According to Sergey Tereshkin, CEO of OPEN OIL MARKET, the price increase results from five factors: reduced fuel production, recovery of the automotive market, seasonal demand growth, rising refinery costs, and increased exports following the lifting of restrictions in May.
Future Expectations
If gas station prices catch up with inflation by summer’s end, government countermeasures are likely. Natalia Milchakova, a leading analyst at Freedom Finance Global, highlighted that last fall’s export ...