Natural Gas In Russia
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Natural Gas In Russia
In 2021 Russia was the world's second-largest producer of natural gas, producing an estimated 701 billion cubic meters (bcm) of gas a year, and the world's largest natural gas exporter, shipping an estimated 250 bcm a year. In 2022 the export market was significantly downsized , following the Russian invasion of Ukraine and Russia reducing exports after countries refused to pay in rubles. According to ''The World Factbook'' estimate, the country also has the largest proven reserves (47 trillion cubic meters (tcm)). BP estimates Russian reserves to be 33 tcm. Additionally, Russia is likely to have the largest volume of undiscovered natural gas deposits, an additional 6.7 tcm, according to 2011 US Geological Survey estimations. Russia consumes approximately 460 bcm a year. Flaring is a problem in Russia. Subsidies There is a long history of subsidy of natural gas in Russia. Subsidies for natural gas has been one of the reasons for the limited growth of renewable energy in the ...
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1980- Natural Gas Production, By Country
__NOTOC__ Year 198 (CXCVIII) was a common year starting on Sunday of the Julian calendar. At the time, it was known as the Year of the Consulship of Sergius and Gallus (or, less frequently, year 951 ''Ab urbe condita''). The denomination 198 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire *January 28 **Publius Septimius Geta, son of Septimius Severus, receives the title of Caesar. **Caracalla, son of Septimius Severus, is given the title of Augustus. China *Winter – Battle of Xiapi: The allied armies led by Cao Cao Cao Cao (; ; ; 15 March 220), courtesy name Mengde, was a Chinese statesman, warlord, and poet who rose to power during the end of the Han dynasty (), ultimately taking effective control of the Han central government. He laid the foundation f ... and Liu Bei defeat Lü Bu; afterward Cao Cao has him executed. By ...
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European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ...
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Black Sea
The Black Sea is a marginal sea, marginal Mediterranean sea (oceanography), mediterranean sea lying between Europe and Asia, east of the Balkans, south of the East European Plain, west of the Caucasus, and north of Anatolia. It is bounded by Bulgaria, Georgia (country), Georgia, Romania, Russia, Turkey, and Ukraine. The Black Sea is Inflow (hydrology), supplied by major rivers, principally the Danube, Dnieper and Dniester. Consequently, while six countries have a coastline on the sea, its drainage basin includes parts of 24 countries in Europe. The Black Sea, not including the Sea of Azov, covers , has a maximum depth of , and a volume of . Most of its coasts ascend rapidly. These rises are the Pontic Mountains to the south, bar the southwest-facing peninsulas, the Caucasus Mountains to the east, and the Crimean Mountains to the mid-north. In the west, the coast is generally small floodplains below foothills such as the Strandzha; Cape Emine, a dwindling of the east end ...
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Natural Gas In Turkey
Natural gas supplies over a quarter of Turkey's energy. The country consumes 50 to 60 billion cubic metres of this natural gas each year, nearly all of which is imported. A large gas field in the Black Sea started production in 2023. After the 2022 Russian invasion of Ukraine began, several European countries stopped buying Russian oil or gas, but Turkey's relations with Russia are good enough that it continues to buy both. Turkey receives almost half of its gas from Russia. wholesale gas is expensive and a large part of the import bill. Households buy the most gas, followed by industry and power stations. Over 80% of the population has access to gas, and it supplies half the country's heating requirements. As the state owned oil and gas wholesaler BOTAŞ has 80% of the gas market, the government can and does subsidize residential and industrial gas consumers. All industrial and commercial customers, and households using more than a certain amount of gas, can switc ...
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Power Of Siberia 2
The Power of Siberia 2 (also known as Altai gas pipeline) is a proposed natural gas pipeline to export natural gas from Russia's Western Siberia Altai region to North-Eastern China. History The memorandum on deliveries of Russian natural gas to China was signed by Gazprom CEO Alexei Miller and CNPC CEO Chen Geng during Russian president Vladimir Putin's visit to China in March 2006. The project was put on hold in 2009 due to disagreements over natural gas price and competition from other gas sources in the Chinese market. In 2013, Gazprom and CNPC agreed instead to pursue a route further east, the Power of Siberia gas pipeline. In 2014, the project was resumed during the APEC summit. In 2015, the project was "postponed for an indefinite period of time". Gazprom and the Mongolian Government discussed details of a feasibility study for the Power of Siberia 2 pipeline project in October 2021. In 2022, Mongolia’s Prime Minister Oyun-Erdene Luvsannamsrai announced that t ...
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Power Of Siberia
Power of Siberia (Sila Sibiri, formerly named the Yakutia–Khabarovsk–Vladivostok pipeline, also known as China–Russia East-Route Natural Gas pipeline; , ) is a Gazprom-operated pipeline in Eastern Siberia that transports natural gas from Yakutia to Primorsky Krai and China. It is a part of the eastern gas route from Siberia to China. The proposed western gas route to China is known as Power of Siberia 2 ( Altai gas pipeline). History In 2007, the Ministry of Industry and Energy of Russia approved the Eastern Gas Program, which included construction of the Yakutia–Khabarovsk–Vladivostok pipeline. On 29 October 2012, Russian president Vladimir Putin instructed Alexey Miller, CEO of Gazprom to start the construction of the pipeline. The Yakutia–Khabarovsk–Vladivostok pipeline project was officially renamed Power of Siberia at the end of 2012. On 21 May 2014, Russia and China signed a 30-year gas deal worth $400 billion which was needed to make the project fe ...
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Russo-Ukrainian War
The Russo-Ukrainian War began in February 2014 and is ongoing. Following Ukraine's Revolution of Dignity, Russia Russian occupation of Crimea, occupied and Annexation of Crimea by the Russian Federation, annexed Crimea from Ukraine. It then supported Russian separatist forces in Ukraine, Russian paramilitaries who began a War in Donbas, war in the eastern Donbas region against Ukraine's military. In 2018, Ukraine declared the region to be Russian-occupied territories of Ukraine, occupied by Russia. These first eight years of conflict also included List of Black Sea incidents involving Russia and Ukraine, naval incidents and Russo-Ukrainian cyberwarfare, cyberwarfare. In February 2022, Russia launched a Russian invasion of Ukraine, full-scale invasion of Ukraine and began occupying more of the country, starting the biggest conflict in Europe since World War II. The war has resulted in a Ukrainian refugee crisis, refugee crisis and hundreds of thousands of deaths. In early 201 ...
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Annexation Of Crimea By The Russian Federation
In February and March 2014, Russia invaded the Crimea, Crimean Peninsula, part of Ukraine, and then annexed it. This took place in the relative power vacuum immediately following the Revolution of Dignity. It marked the beginning of the Russo-Ukrainian War. The Revolution of Dignity, events in Kyiv that Revolution of Dignity#Removal of Yanukovych, ousted Ukrainian president Viktor Yanukovych on 22 February 2014 sparked both pro-Russian and anti-separatism Timeline of the 2014 Crimean crisis#February 23, demonstrations in Crimea. At the same time, Russian president Vladimir Putin told his security chiefs to begin work on "returning Crimea to Russia". On 27 February, Little green men (Russo-Ukrainian War), Russian special forces without insignia seized strategic sites across Crimea. Russia at first denied involvement, but Putin later admitted that they were Russian troops. As the armed men Capture of the Crimean Parliament, occupied Crimea's parliament, it dismissed the Council ...
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Vladimir Putin
Vladimir Vladimirovich Putin (born 7 October 1952) is a Russian politician and former intelligence officer who has served as President of Russia since 2012, having previously served from 2000 to 2008. Putin also served as Prime Minister of Russia from 1999 to 2000 and again from 2008 to 2012. He is the longest-serving Russian president since the independence of Russia from the Soviet Union. Putin worked as a KGB foreign intelligence officer for 16 years, rising to the rank of Lieutenant colonel (Eastern Europe), lieutenant colonel. He resigned in 1991 to begin a political career in Saint Petersburg. In 1996, he moved to Moscow to join the administration of President Boris Yeltsin. He briefly served as the director of the Federal Security Service (FSB) and then as Secretary of the Security Council of Russia, secretary of the Security Council of Russia before Putin's rise to power, being appointed prime minister in August 1999. Following Yeltsin's resignation, Putin became Actin ...
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Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ...
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Price Of Oil
The price of oil, or the oil price, generally refers to the spot price of a barrel () of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level. Through the years The global price of crude oil was relatively consistent in the nineteenth century and early twentieth century. This changed in the 1970s, with a significant increase in the price of oil globally. There have been a number of structural drivers of global oil prices historically, including oil supply, demand, and storage shocks, and shocks to global economic growth affecting oil prices. Notable events driving significant price fluctuations include the 1973 OPEC oil embargo targeting nations that had supported I ...
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Yakutia–Khabarovsk–Vladivostok Pipeline
Power of Siberia (Sila Sibiri, formerly named the Yakutia–Khabarovsk–Vladivostok pipeline, also known as China–Russia East-Route Natural Gas pipeline; , ) is a Gazprom-operated pipeline in Eastern Siberia that transports natural gas from Yakutia to Primorsky Krai and China. It is a part of the eastern gas route from Siberia to China. The proposed western gas route to China is known as Power of Siberia 2 ( Altai gas pipeline). History In 2007, the Ministry of Industry and Energy of Russia approved the Eastern Gas Program, which included construction of the Yakutia–Khabarovsk–Vladivostok pipeline. On 29 October 2012, Russian president Vladimir Putin instructed Alexey Miller, CEO of Gazprom to start the construction of the pipeline. The Yakutia–Khabarovsk–Vladivostok pipeline project was officially renamed Power of Siberia at the end of 2012. On 21 May 2014, Russia and China signed a 30-year gas deal worth $400 billion which was needed to make the project fe ...
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