Tag Archives: Russia

Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.

Russia pipped Saudi Arabia most of last year as the top crude supplier to China. the world’s biggest buyer.

The second line was built in parallel to the first line between Mohe and Daqing.

With many Soviet-era oil fields in decline. Russia will need new sources by the mid-2020s if it wants to maintain production.

The collaboration could include creation and development of infrastructure in Uzbekistan.

Yamal LNG began commercial operation early this month.

Medvedev acknowledged that Europe may take more LNG imports. especially when demand exceeds the capacity of pipeline suppliers.

The U.S. has become a serious competitor to Russia in Europe.

Asia’s biggest economy has also become the second-largest importer of LNG.

Russian gas monopoly Gazprom and Austria’s OMV discussed ongoing and future cooperation between the companies.