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OSW Commentary | | Szymon Kardaś
Russia’s invasion of Ukraine will have serious consequences for the health of the Russian oil sector, which is one of the most important branches of the country’s economy. Although its production and export performance, and consequently…
Analyses | | Szymon Kardaś
On 27 December, Vladimir Putin signed a decree on measures to respond to price cap imposed by Western countries on Russian oil and petroleum products (see ‘Price cap on Russian oil: EU eases sanctions on Russia
Analyses | | Szymon Kardaś
On 2 December, the EU countries agreed to set a price cap of US$60 per barrel on Russian oil as of 5 December (a price cap on petroleum products will be set later). The decision was adopted after agreement among the G7 countries, which –…
Analyses | | Szymon Kardaś
On 16 November, Gazprom announced that in accordance with the award of the arbitral tribunal, the Finnish company Gasum is obliged to pay the Russian company the amount of €300 million for gas deliveries relating to the non-fulfilment of…
Analyses | | Szymon Kardaś
​​On 12 October, Vladimir Putin gave a speech as part of Russian Energy Week (one of the largest annual energy sector events in Russia). He once again blamed the West for the current energy crisis in Europe, pointing out that one of its…
Analyses | | Szymon Kardaś, Agata Łoskot-Strachota
On 26 September Gascade, a gas network operator in eastern Germany, reported that there had been a large drop in pressure in the Nord Stream 2 (NS2) pipeline, from 105 to 7 bar. In the late afternoon, Denmark confirmed a leak from one of…
Analyses | | Szymon Kardaś
On 2 September, the finance ministers of the G7 countries agreed to impose a price cap on Russian crude oil and petroleum products. Although the details concerning the new limits are not yet known, it is extremely difficult to assess the…
Analyses | | Szymon Kardaś
On 1 September, Gazprom said it produced 288.1 billion m3 of gas from 1 January to 31 August this year, down 49.1 billion m3, or 14.6%, on the same period last year. According to calculations by the Bloomberg agency based on the above data…
Analyses | | Szymon Kardaś
In May, the Russian Ministry of Economic Development published a new, updated forecast for the production and export of Russian energy resources. It shows that LNG supplies to third countries will be much lower than previously assumed over…
Analyses | | Szymon Kardaś, Iwona Wiśniewska
At night on 30 May, the European Council managed to reach an agreement on the sixth package of sanctions against Russia. Although the details of the arrangements are yet to be made public, media reports show that the leaders of the EU…