Germany suffered the most among EU member states from the Russian supply curtailments, with a number of buyers forced to buy expensive gas on the open market to make up for the Russian shortfall.

"Every politician knows who blew up Nord Stream, but hypocritically keeps quiet," says Vucic.

A total of 529.2 billion cubic meters of gas were added to natural gas reserves in the course of geological exploration in 2022. This means that gas reserve addition rates have been surpassing gas production rates for as many as 18 consecutive years (with the 2022 production rates standing at 412.6 billion cubic meters of gas).

Энергетический сектор по-прежнему сталкивается с новыми вызовами, и нынешняя геополитическая ситуация негативно сказывается на мировых энергетических рынках.

Since the invasion of Ukraine in February 2022, some European countries have started to step away from Russia’s nuclear energy superstore.

Стратегической задачей и будущим для нашего экспорта газа является развитие производства СПГ, которое в среднесрочной перспективе должно достигнуть не менее 100 млн т в год.

Prior to the sanctions, between October 2021 and September 2022, diesel imports from Russia made up 53% of Northwest Europe’s seaborne imports.

The participants discussed ways to ensure Russia’s technological sovereignty in the electricity and heating sectors, including by localising the manufacturing of energy-efficient equipment for high-capacity gas turbines and providing for the maintenance of imported gas turbine power units, as well as switching to Russian software in the electricity and heating sectors

Средняя цена на нефть марки Urals в январе-феврале 2023 года сложилась в размере $49,52 за баррель, в январе-феврале 2022 года – $88,89 за баррель.

The EU banned imports of Russian oil products from Feb. 5, two months after imposing restrictions on seaborne crude shipments from the country.

Отдельное внимание Министры уделили реализации программы по формированию объединённого рынка газа Союзного государства.

Замминистра рассказал о приоритетах в реализации цифровой трансформации электросетевого комплекса.

At the same time, Russian LNG imports into the EU rose by around a third to 14.1 million mt (19 Bcm), but it was LNG from other sources -- the US in particular -- that helped fill some of the gap left by lost Russian gas.

Even though Europe has significantly cut its reliance on Russian gas, a lot of the storage that they used to cut the reliance was actually Russian gas from the past.

Angola is among the hardest hit at the moment, with daily exports to China falling 27% so far this month compared with whole of February last year.