Gas prices soared this year tracking the Russia-Ukraine war. But even if there was some peace settlement or an agreement with Ukraine, non-Russian gas will likely continue to attract a premium

Despite the ongoing uncertainty of long-term forecasts for the energy market development, it is clear that natural gas will continue gaining increased importance in the global energy mix. Its consumption is expected to increase by about 20 per cent by 2040 versus 2021.

Currently, Rosatom fuel company TVEL supplies fuel for Loviisa’s two VVER 440 reactors.

China and India remain the main destination for Russian crudes in the wake of the Ukraine war, accounting for 58% of all seaborne Russian crude exports in October.

По состоянию на 1 ноября 2022 г. объем ФНБ составил 11 374 082,0 млн. рублей, что эквивалентно 184 841,3 млн. долл. США,

The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.

Risks over existing gas supplies from Russia will continue through the coming months, with just one pipeline route open to the biggest European customers.

Таким образом, совокупный объем средств дополнительных нефтегазовых доходов составляет +275,2 млрд руб.

Currently, the most expensive form of generation -- gas -- sets the price for all electricity that’s sold into the market. That means consumers are bearing the brunt of Russia’s supply cuts to the continent. It also means Europe isn’t feeling much of the benefit of low-cost renewables like wind farms, which get to sell at big margins.

Additional domestic gas production from a bigger reserve base in the Black Sea may allow Turkey to reverse some of the recent electricity and gas price hikes.

According to preliminary data, Gazprom produced 344 billion cubic meters of gas from January through October 2022. This is a decrease of 18.6 per cent (or 78.8 billion cubic meters) versus the same period of last year.

Dutch front-month gas, Europe’s benchmark, traded 2.4% higher at €119 per megawatt-hour by 8:43 a.m. in Amsterdam after losing 5.8% a day earlier.

«Несмотря на внешнее санкционное давление на Россию и Иран, торгово-экономическое сотрудничество между нашими странами продолжает демонстрировать устойчивый рост», – подчеркнул Александр Новак.

Under a 2017 contract, the reactors are being supplied by Russia's Rosatom, complete with a lifetime of nuclear fuel and facilities for used fuel storage.

“Türkiye, due to its geographical position, is an energy corridor from Russia, Iran, and Saudi Arabia. Any kind of natural gas or oil that is going to be transported or shipped, will cost less and will be shipped more safely,”