Tag Archives: Russia

The Asian nation’s imports of Russian crude jumped 61% to a record 6.35 million metric tons in September from a year earlier.

Novatek has signed a preliminary agreement with Kamchatka Territorial Government to build the terminal.

It will send Russian gas to Turkey with the first of its two lines. while the second line of the project will carry Russian gas to southern and southeastern Europe.

Putin is confident that in the modern world. strategic gains at the expense of other countries are impossible.

The state-controlled major recently sold a 30 percent stake in its giant Zohr gas field in Egypt to Rosneft.

The agreement comes amid tensions over Kurdish claims to sovereignty with reports of armed clashes between Kurdish forces and Iraqi government troops.

In Europe. American infringement of Russian dominance in gas markets is even clearer.

The United States would like to weaken Russia’s energy cooperation with the European Union.

ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.

Analysts see more likelihood of a shift in policy with regards to Gazprom'.s planned 38 Bcm year exports to China via the Power of Siberia pipeline.