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Search resuls for: "Alexei Gromov"


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The logo of Russia’s state gas company Gazprom was emblazoned on the shirts of players at the soccer club Toennies chaired. In Germany, Toennies’ story is far from unique. At the centre of Gazprom’s influence campaign was Schalke 04, the soccer club Toennies chaired at the time and which Gazprom began sponsoring in 2006. Russian gas imports have dropped dramatically and Germany is supplying tanks and other weapons systems to Ukraine. In 2001 Toennies assumed another of his older brother’s roles – chairman of soccer club Schalke 04.
Persons: Clemens Toennies, Vladimir Putin, Toennies, Willy Brandt, , Putin, Sberbank, Angela Merkel, , ” Merkel, Bernd, Clemens, Putin’s, Alexei Gromov, Gromov, Gerhard Schroeder, Schroeder Organizations: Gazprom, Toennies, Schalke, Gazprom’s, Reuters, Miele, Volkswagen, Deutsche Telekom, ” Schalke, Chelsea, Kremlin, Former Locations: WIEDENBRUECK, Germany, Russia, Russian, Moscow, Ukraine, Berlin, Russians, Crimea, Gazprom, Rheda, German, Europe, Nord Stream, Dresden
Looking ahead to 2023, one of the main variables will be the ceiling G7 countries and the EU agree on importing Russian oil. Some of the biggest importers of Russian oil, including China and India, are not part of the initiative. The more Russian oil that is lost to world markets, the greater the likely impact on prices. "If the price cap is around $60 per barrel, Russia will continue to export its oil comfortably." Beyond the price cap and European import ban, Russia's oil sector may also be affected by COVID-19 restrictions in China, an increasingly important buyer of its crude.
After explosions - whose cause is under investigation - damaged the Nord Stream Russian gas pipeline system to Europe under the Baltic Sea, Putin in October proposed setting up a gas hub in Turkey, building on a southern route for exports. "Does Europe need the project, given the determination of the EU countries to forego Russian gas in the nearest future?" A source in Russia's pipeline gas exporting monopoly Gazprom (GAZP.MM) said be believed the hub would facilitate sales. "That will not be Russian gas, but gas from the hub," said the source, who did not want to be named due to the sensitivity of the matter. Neither Gazprom, nor the Kremlin provided a cost estimate for the Turkish hub idea.
Russia has said it will not sell oil to countries that endorse the price cap. A G7 plan to take effect on Dec. 5 will allow the shipping industry to help export Russian oil but only at a set price - the price cap. That would leave a shortfall of 110 tankers should Moscow seek to fully skirt the price cap, Gromov added. POOLING RESOURCES WITH BUYER COUNTRIESRussia may seek to bypass the restrictions by pooling its shipping resources with those of top buyer countries that have yet to endorse the G7 price cap. Between 1 million and 2 million bpd of Russian crude and refined products exports could be shut in, a U.S. Treasury official said.
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