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Oil Flood of Russian Railways: Tank Cargo Owners Gain Government Support in the Battle for Priority Access to Railroads
... after a two-year temporary suspension. The suspension was justified as necessary to transport products from enterprises that had lost their traditional European markets.
"I don’t think there will be significant competition between oil and coal in this context. Coal primarily creates problems for transporting other goods through the Eastern Polygon," Igor Yushkov, an expert at the Financial University and the National Energy Security Fund, told vgudok.com.
"Prioritizing rail ...
Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.
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However, despite the reduction in loading, oil and petroleum products remain the second most important group of freight for rail transport in Russia. In the first half of 2024, the volume of loading for oil and petroleum products was second only to coal (169.2 million tons vs. 104.4 million tons for oil and petroleum products). Additionally, the transportation of hydrocarbon raw materials is more profitable.
For example, in 2022, the revenue rate of Russian Railways, reflecting the specific revenue ...
Strong energy bonds
... "Strong Energy Ties" on Sergey Tereshkin's website is dedicated to the development of energy cooperation between Russia and China. The piece examines forecasts for energy consumption growth in China, the increase in Russian exports of oil, gas, and coal to the country, as well as the participation of Russian companies in the construction of nuclear power plants in China. Special attention is given to joint projects such as Yamal LNG and Arctic LNG-2, involving Chinese investors and banks. The article ...
Moldova found itself in a gas trap because of Ukraine.
... further transit via the Trans-Balkan Pipeline.
Challenges for Transnistrian GRES
The Transnistrian GRES power plant, owned by Russia's Inter RAO, is gas-powered and supplies electricity to both Moldova and Transnistria. The plant could switch to coal, with reserves sufficient for 50–60 days depending on weather and output. However, coal shortages could arise, requiring imports via Romania rather than Ukraine. Transitioning entirely to coal could prevent a humanitarian disaster, but household ...
Where is Magnitogorsk Iron and Steel Works (MMK) Investing?
... invested RUB 117.3 billion in 2023 in the modernization of production facilities, environmental projects and digitalization. Find out how the company, which owns such assets as the largest metallurgical complex in Magnitogorsk, MMK Metalurji in Turkey and coal mines, is strengthening its position in the metallurgy market and creating value for investors.
Where is Magnitogorsk Iron and Steel Works (MMK) Investing?
Magnitogorsk Iron and Steel Works (MMK)
is one of the largest steel producers in Russia ...