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Sanctions will reduce Russia’s oil exports eventually

Location:

RUSSIA

In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…

Russian oil exports will be tested in future

Location:

RUSSIA

Most of Russia’s hydrocarbon export revenues are generated from oil now that gas sales have collapsed. Ambitious state spending plans are based on oil revenues rising this year…

War in Ukraine will impel Kazakhstan to diversify

Location:

KAZAKHSTAN

Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…

Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

Russia and Central Asian states will cooperate on gas

Location:

RUSSIA/CENTRAL ASIA

The same month, Kazakh Energy Minister Almasadam Satkaliyev said Russia was willing to accept reduced rates for its gas. The two announcements follow an intense diplomatic game…

Saudi Arabia’s space sector will boost global image

Location:

SAUDI ARABIA

The Saudi space programme has helped build ties with China and Russia, while maintaining projects with US private-sector companies. The programme is another element in the…

Parallel imports continue to support Russia’s economy

Location:

RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Smaller trade surplus will keep ruble low this year

Location:

RUSSIA

Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…

Global South will become even more important to Russia

Location:

RUSSIA

Fostering closer trade and financial ties with countries outside the West is essential if Russia is to improve its economic security and enhance its sovereignty. For Moscow it is…

China will dominate Iraq’s energy sector

Location:

IRAQ

Chinese companies have not only become the dominant players in the upstream oil and gas sector and the leading importers of Iraqi oil; they are also important forces in…