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Analyses |
| Iwona Wiśniewska, Filip Rudnik
On 18 December, the Council of the European Union adopted the twelfth package of sanctions against Russia. It imposes bans on the import of Russian diamonds and liquefied petroleum gas (LPG) and on the export of sensitive goods to third…
Analyses |
| Filip Rudnik
On 2 November, President Vladimir Putin signed an amended version of the law on gas exports, which introduces two significant amendments regarding the export of liquefied natural gas (LNG). Firstly, LNG may be exported as long as the gas…
Analyses |
| Filip Rudnik, Iwona Wiśniewska
On 2 November 2023, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury has added another 37 individuals and 200 companies to the Specially Designated Nationals list, mainly from Russia but also from the United…
Analyses |
| Marcin Popławski, Filip Rudnik
Since Gazprom lost a significant part of its European market, the Russian company has been looking for opportunities to export natural gas to new destinations, including Central Asia. Since the autumn of 2022, Russia has stepped up its…
Analyses |
| Filip Rudnik
Although the West introduced sanctions on seaborne imports of Russian oil in December 2022, Russian budget revenues from oil exports have soared in the second half of this year. This suggests that the price cap has been largely ineffective…
OSW Commentary |
| Filip Rudnik
The increase in fuel prices in Russia seen since the beginning of the year and fuel shortages at individual gas stations forced an unprecedented response from the government: a ban on the export of diesel oil and gasoline. According to…
Analyses |
| Filip Rudnik
In late August, Gazprom published its financial report for the first half of this year. It gave the company’s net income as 296.2 billion roubles ($3.1 billion), an exceptionally low figure compared to the previous decade (excluding 2020,…
OSW Commentary |
| Filip Rudnik
More than six months after the European Union imposed sanctions on Russian exports of oil and petroleum products, Russia’s oil sector has adapted to the new reality. Having found new markets, the industry has managed to cut crude…
Analyses |
| Filip Rudnik
According to calculations by Refinitiv Eikon, quoted by Reuters, between 1 January and 15 July 2023 Gazprom’s natural gas supplies to Europe amounted to 13.8 bcm of gas. Over the same period, European clients received around 12.3 bcm of…
Analyses |
| Filip Rudnik, Sławomir Matuszak, Adam Michalski
On 17 July, Kremlin spokesman Dmitri Peskov announced that the Russian Federation had withdrawn from the Black Sea Grain Initiative; on the same day, the Russian foreign ministry also conveyed this decision to Turkey, Ukraine and the UN…