Tag Archives: Russia

Moscow is ready for talks with Ukraine on continued gas transits through the country.

Turkey imports around 30 billion cubic meters of gas from Russia annually via the two pipelines.

The oil price was lower at the beginning of the year than today.

Gazprom and Botas inked an agreement on conditions and parameters for the section construction.

Saudi Arabia and Russia are reportedly nearing an agreement to jointly increase oil production in the upcoming period.

Move follows pressure from US as prices breach $80 a barrel.

The EIA estimates that the US pumped the equivalent of 30 million barrels of oil per day in 2017.

OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.

Middle East oil producers and Russia have forged closer ties since striking a deal to cut global crude output in a bid to remove a glut in supplies.

Šefčovič’s statement from Brussels reiterated the need for continued. long-term transit of Russian gas through Ukraine to the EU that would be both reliable and commercially viable.