RUSSIA MONITOR MONTHLY 05/2021

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A Prelude to Massive Ukrainian Counteroffensive?

A Prelude to Massive Ukrainian Counteroffensive?

Ukraine’s long-awaited counter-offensive to retake territory from Russia’s occupying forces has begun, with the first ten days of offensive operations in many spots along the frontline. Ukrainian troops are seeking to explore some vulnerabilities in the Russian defense and mislead the enemy to discover where to break the frontline most successfully.

Reasons and Effects of Ukraine’s Dam Collapse

Reasons and Effects of Ukraine’s Dam Collapse

Ukraine has been aware of Russian plans to destroy the Kakhovka dam that upheld Ukraine’s largest reservoir since last autumn. Back then, however, Russian troops retreated from the western section of Kherson province while the Dnieper River became a hundreds-long barrier between the Russian and Ukrainian positions.

Russia Sees Decrease In Oil and Gas Revenue

Russia Sees Decrease In Oil and Gas Revenue

In May 2023, Moscow’s crucial oil and gas revenues were lower by 33 percent compared to last year. The reason was lower prices amid Western sanctions and fewer gas supplies to Europe. Moscow is running low on windfall profits due to a spike in hydrocarbon prices shortly after the beginning of the Russian invasion of Ukraine.

Russia’s Lukoil Pays Dividends, Shows Interest in Asia

Russia’s Lukoil Pays Dividends, Shows Interest in Asia

Russia’s Lukoil informed that its net profit rose by 24.3 percent from last year. Shareholders approved the company’s final dividend. Meanwhile, the Russian oil company is withdrawing from Europe while seeking to invest in other markets across the globe. After Lukoil completed its oil refinery sale in Italy in early May, now the Russian oil producer is nearing to sell its assets in Romania and Moldova while showing interest in Central Asia.

The U.S. Is Guardian of Religious Belief, Russia, China Violate Religious Practices

The U.S. Is Guardian of Religious Belief, Russia, China Violate Religious Practices

The U.S. Department of State just released its 2022 Report on International Religious Freedom, The report mentioned Russia and China as two countries that violated religious faith most. Twenty-five years ago, President Clinton signed the International Religious Freedom Act into law, declaring it a bedrock American belief. For the Joe Biden administration, democracy, including religious freedom, and human rights are core values that the United States seeks to protect across the globe.

Saudi-Russia Tensions Rise On OPEC Oil Cuts

Saudi-Russia Tensions Rise On OPEC Oil Cuts

Tensions are mounting between Saudi Arabia and Russia on OPEC oil production cuts. Riyadh has grown increasingly frustrated with the fact that recent oil cuts failed to boost prices. One of the reasons is Russia whose oil exports have grown despite declarations to curb output. Moscow also said it would oppose further cuts in production.

Russia, Belarus Sign Deal to Deploy Tactical Nuclear Weapon in Belarus

Russia, Belarus Sign Deal to Deploy Tactical Nuclear Weapon in Belarus

Belarusian President Alexander Lukashenko said the transfer of some tactical nuclear weapons from Russia to Belarus had begun. Earlier the Kremlin informed Moscow had signed documents on placing Russian tactical nuclear weapons in Belarus, as announced a few weeks before. Handing out nuclear weapons to Belarus will not change the security situation in the region as Russia has deployed such weapons in its exclave of Kaliningrad. It is just a political game.

Russia’s Tatneft Discovers New Oil Field in Libya

Russia’s Tatneft Discovers New Oil Field in Libya

Russian oil firm Tatneft and National Oil Corporation (NOC) of Libya said they had successfully drilled a well on an oil block of Libya’s Ghadames Basin, some 330 kilometers south of Tripoli. This might be a step towards restoring Russian oil production in a divided African country although oil firms are unlikely to get involved to the same extent as before the fall of Gaddafi.

Anti-Putin Russians Launch Cross-Border Attack on Belgorod

Anti-Putin Russians Launch Cross-Border Attack on Belgorod

Anti-Putin militia entered the western Russian region of Belgorod not to seize Russian territory or dismantle Russian forces. The aim was to exert psychological pressure on Russia in four aspects. First, that was to show that the regime was incapable of protecting its territory while continuing an assault on Ukraine. Secondly, it was a reminder that among the Russians some oppose Putin and his regime. Third, it was designed to deflect Moscow’s attention from the front line where a Ukrainian counteroffensive is drawing near. Last but not least, the incursion sought to cover claims that the eastern city of Bakhmut was under Russian control after months of heavy battle.

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