Tag Archives: Russia

Japan relies heavily on imports from the Middle East.

Moscow is better positioned to balance its budget at current levels than Saudi Arabia.

The total recoverable oil reserves at five blocks may amount to 670 million barrels.

The pipeline’s offshore section is expected to equal about 910 km.

The facility would have a capacity of 100 000 tpy of LNG.

The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.

Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.

China is among the countries that were granted a waiver from sanctions on Iranian oil imports.

One major stated purpose of these terms is to make the Ukrainian gas transit system commercially attractive for major European companies.

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.