Tag Archives: exports

Russia’s energy revenue is expected to skyrocket this year if trading partners continue purchases of oil and gas from the sanction-hit country. Russia will get an estimated $321 billion in energy exports in 2022, marking a surge of more than a third compared to last year, according to a Bloomberg …

Kremlin spokesman Dmitry Peskov indicated on Wednesday that all of the nation’s energy and commodity exports could be priced in rubles. Moscow has already demanded that gas exports to hostile countries should be paid for in the Russian currency. Peskov was asked about the comments by parliament speaker Vyacheslav Volodin, …

One of the world’s key crude routes, the Caspian Pipeline Consortium (CPC), suspended oil loading at its Black Sea marine terminal near Novorossiysk on Wednesday due to “critical” storm-caused damage to the equipment. Crude pumping has been reduced, with operations potentially fully halting in a day. “To date, loading at …

Australian authorities have prohibited all exports of alumina and bauxite to Russia in a bid to limit Moscow’s capacity to produce aluminum, according to a joint statement from several ministries, including the prime minister’s office. “Russia relies on Australia for nearly 20% of its alumina needs,” the statement read. “The …

Alrosa, a partly state-owned Russian diamond mining company, started shipping rough diamonds to India after a pause, the Economic Times reported on Wednesday. According to the outlet, the exporters are using German banks to make transactions in euros due to the sanctions imposed on Russia in the wake of its …

Russian energy giant Gazprom has revealed it has pumped a record daily volume of gas to China, with the world’s largest country and its most populous nation seeking to strengthen ties amid strained relations with the West. On Monday, the firm revealed that “a historical record was set for daily …

“Firewood is, undoubtedly, an interesting commodity for exports, especially for the European Union’s market. In this heating season, they fall short by 70 billion cubic meters to cover their needs until the Nord Stream 2 gas pipeline gets up and running,” Igor Chalenko told a press conference this week. While …

Statistics showed that the physical volume of gas exports during the reported period reached 123.8 billion cubic meters, marking a growth of almost 15%. In July, Gazprom exported $3.48 billion-worth of natural gas, a decrease of 2.1% on the previous month. According to data tracked by the customs service, the …

In physical terms, the July exports reportedly exceeded three million tons. Earlier this year, the Russian authorities imposed a 15% tax, or a minimum of $254 per ton, on aluminum exports between August and December. The tariffs also target foreign sales of ferrous and non-ferrous (copper, nickel, aluminum) metals and …

The gas producer said its output totaled 337.2 billion cubic meters, marking a year-on-year growth of 17.9%, according to the company’s report, released earlier this week. At the same time, natural gas exports outside the former Soviet Union saw an increase of 19.4% to 131.3 billion cubic meters. Supplies of …