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MOSCOW/KYIV (Reuters) -Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy ...
Other than the EU, Russia’s biggest pipeline gas exports go to Turkey and Belarus, while LNG exports are largely reliant on sales to China and Japan. According to Bloomberg, Russian gas exports ...
Russia shipped some 15 billion cubic metres of gas via Ukraine in 2023, about 8% of peak Russian gas flows to Europe via various routes in 2018-2019, according to data compiled by Reuters.
In 2020, natural gas exports accounted for more than 20% of Russia's total exports by value. [5] Gazprom has 63% of the 377Bcm domestic market and is forced to sell at a low specified government tariff level whereas Novatek and Rosneft are free to chose their prices and can sell just in profitable areas.
EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
Russia charged an export duty on oil products, in May 2023 Light Oil products was $4.2 per tonne (compared to $12.9 in December 2022), Naphtha duty was $7.9 and gasoline $4.3 per tonne. [19] From 1 January 2024 the export duty fell to zero as Russia changed the taxation system to add oil to the Mineral Extraction Tax regime. [20]
Most European countries no longer depend on Russian gas having diversified their supply — to the United States, Qatar and others — following Putin’s Feb. 2022 full-scale invasion of Ukraine ...
In 2018, Germany imported 50% to 75% of its natural gas from Russia. [28] Before 2022, the main export markets of Russian natural gas were the European Union and the CIS. Russia supplied a quarter of the EU gas consumption, mainly via transit through Ukraine (Soyuz, Urengoy–Pomary–Uzhhorod pipeline) and Belarus (Yamal-Europe pipeline).