... Construction of the seventh unit began in May 2021, and the eighth unit commenced on February 28, 2022, with the pouring of the first concrete. Chinese Interests in Russia Chinese corporations primarily participate in overseas projects focused on exporting energy resources to China, notes Maxim Malkov, head of the oil and gas sector practice at Kept. Chinese partners' equity involvement ensures stable supplies of fuel and energy resources to China. For instance, in Novatek's Yamal LNG project, Chinese CNPC and the Silk Road Fund hold 20% and 9.9% stakes, respectively, while in Arctic LNG-2, CNPC and CNOOC each hold 10%. The Yamal LNG plant, with a total capacity ...

... TPPs: Investments are focused on reducing emissions and enhancing the energy efficiency of thermal stations. Transition to clean fuels: Projects aimed at switching to natural gas and other less harmful energy sources. Sustainable Development and Ecology: ... ... supply stability. Digital solutions: Automating energy management processes to boost efficiency. International Projects and Exports: Exporting electricity: Expanding export potential, especially to Asian countries. Partnership programs: Participating ...

... vehicle fleet in Russia has quadrupled, demonstrating a growing interest in this technology. From January to April 2024, China exported 237,100 passenger cars to Russia, which is 37% more than in the same period last year. Russian consumers are increasingly ... ... adaptation. We are observing how the increasing share of electric vehicles is beginning to affect the demand for traditional fuels even in China – a key market for Russian oil. For Russia, this opens both opportunities and risks. On one hand, the availability ...

... includes Russian Urals, while the U.S. primarily exports light and ultra-light (shale) oil. "India mainly purchases medium-sulfur Russian Urals oil, from which large refineries achieve a good yield of various petroleum products, including diesel fuel. A significant portion of these petroleum products is exported by Indians to external markets, including to the U.S. and the EU. In some cases, Indian petroleum products made from Russian oil have even replaced Russian products in the European market," says Igor Yushkov, an expert at the Financial University ...

... potentially risky move by industry experts. Ekaterina Kosareva, managing partner at VMT Consulting, reminded that Russia currently exports about 4 million barrels per day, with China and India nearly dividing these volumes evenly. "I wouldn't rule out ... ... Delhi might react sooner or later. Even if we don't see it at the diplomatic level, European consumers will feel the impact. Fuel prices at gas stations are likely to react to these restrictions, as India is one of the largest fuel suppliers to Europe,...