SCO & BRICS latest news and insights
By Rhod Mackenzie
On Friday, 27th October 2023, gas prices in Europe saw only a slight change based on the felling that thre are sufficient supply levels and a prediction of warm weather in the region. However, prices remained close to the year's peak. Interestingly, the weather seemed less signif...
By Rhod Mackenzie
The project documentation for the Soyuz Vostok gas pipeline through Mongolia to China is expected to be approved in the first quarter of next year, paving the way for construction to commence.
The Deputy Prime Minister of the Russian Federation, Victoria Abramchenko, announced...
By Rhod Mackenzie
The International Energy Agency (IEA) has released its recent long-term forecast, World Energy Outlook. According to the report Russia's gas industry faces a bleak future with its market share predicted to decrease by half on the global platform. It is crucial to determine the ev...
By Rhod Mackenzie
The International Gas Union (IGU), the trade association representing the global gas industry, cautions about the possibility of diminishing gas supplies in upcoming decades without further investment. The repercussions of such a drop in supply are clear, particularly the price...
By Rhod Mackenzie
Russia is concerned about the reports of damage to the gas pipeline between Finland and Estonia, especially given the terrorist attacks previously against the Nord Stream pipelines. The Finnish authorities have not ruled out the possibility of sabotage, while some in the West spe...
By Rhod Mackenzie
Moldova has announced that it would stop buying gas from Gazprom because it had found an opportunity to buy gas on the European market, and at a lower price. It would appear tha this loud statement was made to please the politicians and bureaucrats of the European Union: look, So...
