... think Turkey is just bargaining with Russia. Turkey wants to get new long-term contracts with Gazprom and the Turkish company Botas, based on a formula: market price minus a percentage, i.e., at a discount. This would allow Botas to resell Russian gas to other clients at higher prices, ensuring guaranteed profits,” Yushkov says. However, Russia has a reasonable question: if we allow Turkey to become intermediaries and earn money from reselling our gas, what will Turkey give us in return? Turkey offers the gas hub, but it ...

... rubles. In the gas sector, MET and export duty revenues increased by only 8.6% to 1.4 trillion rubles, with MET collections growing 22.3% to 1.1 trillion rubles, while export duty revenues fell by 23.2% to 290.2 billion rubles due to declining export gas prices. Future Trends in Oil and Gas Revenues For 2024, the share of oil and gas revenues in the budget may exceed the planned level due to narrowing price discounts on Russian oil compared to global benchmarks. Experts estimate that the share could ...

... compared to the same period in 2024. According to the Energy Information Administration (EIA), around 25% of all electricity in the country is now produced from coal—a record share in recent years. This surge is attributed to several factors: High Gas Prices: Rising natural gas prices have made coal a more economically attractive option for generation, particularly in base-load capacities. Reliability of Energy Systems: To avoid disruptions, authorities and companies are keeping coal plants on standby ...

... in national currencies to minimize the impact of Western restrictions. Gas Market: Calm Amid Summer The natural gas market remains relatively stable in summer 2025, especially compared to last year's price spikes. By the end of this week, exchange gas prices in Europe have slightly decreased, stabilizing around €33 per MWh (approximately $390–400 per thousand cubic meters). A slight decrease has been noted over the week, and while prices traditionally increase on Fridays due to short position ...

... compared to the same period in 2024. According to the Energy Information Administration (EIA), around 25% of all electricity in the country is now generated from coal—the highest share in several years. This surge is driven by multiple factors: High Gas Prices: The rise in natural gas prices has made coal a more economically attractive fuel for generation, especially for baseload capacities. Reliability of the Energy System: In an effort to avoid interruptions, authorities and companies maintain coal ...