The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.

They focused on tasks to further promote economic cooperation, including measures to improve the contractual legal framework, boost trade and use national currencies in transactions, as well as to ensure uninterrupted supplies of Russian energy.

They reaffirmed their mutual resolve to further strengthen the strategic partnership and alliance between the two countries, and to consistently implement concrete trade, economic and energy projects.

Закупки валют недружественных стран, прежде всего долларов и евро, сейчас невозможны. В обозримом будущем картина не изменится. Для нас эти валюты токсичны: наши резервы заморожены, активы бизнеса арестованы, вводятся ограничения на расчеты.

Помимо успешной работы в таких традиционных сферах, как энергетика и промышленность, Россия и Венесуэла намерены и дальше расширять тесное взаимодействие в области транспорта, сельского хозяйства, фармацевтики и высоких технологий.

The European Commission has approved a €5bn French scheme to support energy-intensive companies that have been particularly hit by the recent increase in energy prices.

China spent $18.9 billion on Russian oil, gas and coal in the three months to the end of May, almost double the amount a year earlier, latest customs data show. Meanwhile, India shelled out $5.1 billion in the same period, more than five times the value of a year ago.

Many of our companies, including energy companies, are operating in Indonesia. There is interest in developing the national nuclear power industry.

Стороны рассмотрели перспективы сотрудничества России и Узбекистана в нефтегазовой сфере и в электроэнергетике.

Стороны рассмотрели перспективы сотрудничества России и Таджикистана в нефтегазовой сфере и в электроэнергетике.

The balance had now “tipped” in favour of an economic contraction next year in the US and Europe. “What used to be a rising risk has now turned into the base case.”

Обсуждалось строительство газовозов и танкеров-челноков. В частности, 15 газовозов запланированы к постройке на судоверфи «Звезда». В планах – строительство дополнительных судов для транспортировки продукции инвесторов по Севморпути.

The Indonesian state-owned oil and natural gas company Pertamina released its results for 2021, posting a total revenue of US$57.5bn (+39% compared to 2020) and a profit of US$2.2bn

The plan includes increased reliance on coal-fired generation, an auction system to incentivise lower consumption in industry and €15bn in credit lines via the state-owned investment and development bank KfW for the country's gas market operators to fill gas storage facilities faster.

Российским компаниям нефтегазовой отрасли необходимо кооперироваться и формировать единый заказ на IT-технологии,