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Analyses | | Filip Rudnik

Novatek offers Gazprom more and more competition on the EU market

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

Russias game with the West Moscow withdraws from the grain deal

On 17 July, Kremlin spokesman Dmitri Peskov announced that the Russian Federation had withdrawn from the Black Sea Grain Initiative; on the same day, the Russian foreign ministry also conveyed this decision to Turkey, Ukraine and the UN…
Analyses | | Filip Rudnik

Russia natural gas production continues to fall

Although data about hydrocarbon production in the Russian Federation has not been made public since April, information about the gas sector’s output was included in the industrial production indicators published by the Russian statistics…
Analyses | | Filip Rudnik

The OPEC+ summit an increase in Russian oil exports at the expense of other producers

The OPEC+ summit: an increase in Russian oil exports at the expense of other producers. The OPEC+ summit was held on 4 June in Vienna, where the cartel decided to cut oil production in 2024 to a level of nearly 40.5 million barrels per day…
OSW Commentary | | Filip Rudnik

Unfulfilled ambitions Russias LNG sector in the grip of sanctions

The technological sanctions which the West has imposed on Russia’s LNG sector have drastically reduced the opportunities for the industry’s expansion, and made it less likely that Russia can increase its share on the global LNG market.…
Analyses | | Filip Rudnik

Novatek is taking over Shells assets in Sakhalin

On 11 April, Russia’s prime minister Mikhail Mishustin signed a decree authorising the sale of a nearly 27.5% stake in the state-owned company Sakhalinskaya Energiya, which is operating the Sakhalin-2 oil and gas project in the Far East,…
Analyses | | Ilona Gizińska, Filip Rudnik, Andrzej Sadecki

Szijjártó in Moscow Hungary maintains its energy cooperation with Russia

Hungary’s foreign and trade minister Péter Szijjártó met Aleksander Novak, Russia’s deputy prime minister in charge of energy, and Rosatom head Alexei Likhachev in Moscow on 11 April. He stressed that despite the expected criticism from…
Analyses | | Filip Rudnik

The Power of Siberia-2 gas pipeline remains in the design stage

On 21 March, during the Russian-Chinese bilateral talks, Vladimir Putin announced that “practically all the parameters” concerning the planned Power of Siberia-2 gas pipeline had been agreed with the Chinese side. Russian media reported…