Russia Monitor Articles
Gazprom’s Oil and Natural Gas Exports Fall Sharply

Gazprom’s Oil and Natural Gas Exports Fall Sharply

The coronavirus crisis and the ongoing oil price war have both taken its toll on Russia’s hydrocarbon trade. Russia’s state energy major Gazprom saw the worst outcomes as it has lost a portion of the European sales market, with ever-dropping gas prices.

Russia Close to Reach Oil Output Quotas

Russia Close to Reach Oil Output Quotas

Throughout June, Russian oil and gas condensate production averaged 1.272 million tons, or 9.323 million barrels per day (bpd). Russia has stuck to its duties under the OPEC+ oil cuts, official data shows.

Turkey Buys Less Russian Gas

Turkey Buys Less Russian Gas

Turkey has been importing less gas from Russia yet the increase of Russian energy commodities is illusory, with Turkish data showing a significant drop in natural gas imports from Iran. Also, Turkey’s liquefied natural gas imports have outpaced the purchase of natural gas through pipelines.

A Holiday for Putin’s “Democracy”: Outcome Known From the Top

A Holiday for Putin’s “Democracy”: Outcome Known From the Top

The proposed constitutional amendments have come into force, with a nationwide plebiscite being nothing but a political theater. The public vote on them is seen as more of a national opinion poll, designed to lend legitimacy to the amendments and solidify Vladimir Putin’s grip on power.

Hungary to Join TurkStream Gas Pipeline

Hungary to Join TurkStream Gas Pipeline

The supervisory board of Hungary’s pipeline operator FGSZ greenlighted a plan of investment into the construction of a gas pipeline to Serbia by October 2021, the company said in a statement.

Lukoil Starts Drilling in the Caspian Sea

Lukoil Starts Drilling in the Caspian Sea

Russian oil major Lukoil said it has started drilling of an exploration well at the Shirotno-Rakushechnaya prospect structure north of the V.I. Grayfer oilfield. The company has also begun to study Khazri and Titonskaya features in the south of the same sea area.

Russia Is Afraid of U.S. Troops Moving from Germany to Poland

Russia Is Afraid of U.S. Troops Moving from Germany to Poland

The Trump administration agreed that an additional 1,000 U.S. troops would be added to Poland, the sole outcome of the latest round of the U.S.-Polish talks that confirmed what the two parties had concluded a year ago. In Moscow, many say that would push the balance of power throughout the region in favor of NATO countries.

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