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Moldova found itself in a gas trap because of Ukraine.
Moldova and Transnistria have declared a state of emergency in light of the threat of Russian gas supply disruptions via Ukraine. In the worst-case scenario, they face an energy blackout ... ... Russian gas from any source—neither via Ukraine nor the TurkStream pipeline—they face a severe crisis. This could occur if sanctions against Gazprombank are strictly enforced or if new U.S. sanctions are imposed. A broader European gas deficit and rising ...
Experts Discussed the Areas of Cooperation between Russia and the USA in Energy
Experts discussed the main areas of cooperation between Russia and the USA in the energy sector and the potential prospects for development.
MOSCOW, August 16 – PRIME. The list of potential bilateral ... ... Russian oil for American refineries that utilize high-sulfur raw materials. Specific directions will depend on the speed of sanctions removal and the assessment of long-term business prospects in Russia by American companies," said Sergey Tereshkin,...
Buyers Battle for Russian Oil in Europe
Discussing the growing competition for Russian oil in Europe. What implications might this have for the market and prices?
The EU has politically positioned itself against Russian ... ... and then sent through a direct pipeline to the Serbian oil refinery owned by NIS. However, the sixth package of anti-Russian sanctions, effective from December 5, 2022, has prohibited the delivery of oil from Russia to the European Union by sea. As a ...
Why do Turkey and Russia need their own gas hub
He shared his opinion on the creation of a new gas trading hub in Turkey with the readers of the newspaper "Vzglyad."
Turkey and Russia continue to strengthen their energy cooperation,... ... idea of creating a gas hub in Turkey initially belonged to Russia and was announced by President Putin in 2022 amid Western sanctions and the sabotage of the Nord Stream pipelines. However, since then, the project has been discussed but not implemented....
Pressure on Russia's oil exports is set to increase.
... increasing pressure on Russia's oil exports. It examines Western plans aimed at limiting Russian oil sales, including tighter sanctions and enhanced oversight to prevent circumvention of established restrictions. The potential economic consequences of ... ... President. He stated that new measures would target the sale and transportation of Russian oil.
Earlier, Bloomberg reported that in September, prices for Russian Urals crude oil fell below $60 per barrel, the price cap set by the G7 and the EU. As a result,...