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Explainer: What do Russia’s oil giants own overseas?
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
Equinor: Keeping offshore
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Tax policy will shape Russia’s oil future
The consensus among market observers is that the country’s oil output will fall in the long term. Yet few recognise how Moscow’s shifting tax regime is designed to keep the next barrel commercially viable
The curious case of oil-on-water
The market is facing being drowned in excess crude, but one caveat is that a large chunk is due to buyers reluctant to snap up sanctioned barrels
Lukoil loses its growth prospects
The Russian firm made a significant attempt to expand overseas over the past two decades but is now trying to divest its global operations
Explainer: How the EU will wean itself off Russian gas
Questions remain about how the phase-out will be implemented and enforced in practice
Mideast states power up their gas priorities
Saudi Arabia, the UAE and Qatar are ploughing resources into gas—with a growing eye on facilitating domestic use in power and value-added sectors
Arctic LNG comes in from the cold
Beijing now appears prepared to accept discounted Russian LNG, even at the cost of heightened sanctions risk
MENA's gas metamorphosis
Across the Middle East and North Africa, gas is taking an enhanced role in helping build out economies that need to diversify away from crude oil dependence
Russia’s fuel crisis: Difficult but not catastrophic
International and opposition media claim that two-fifths of the country’s refining capacity is offline, but the true situation is not so dire
UK Russia LNG Netherlands Norway
Ian Lewis
29 March 2018
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UK gas security safe from Russian reprisals

Russia is in a weak position to directly hinder UK gas supply in response to diplomatic disputes. Brexit creates more risk for future energy security

The fall-out from the nerve agent attack on an ex-Russian spy and his daughter in the UK, for which the Kremlin has been blamed by governments in UK and other countries, has inevitably triggered concerns over the impact of any disruption to Russian gas imports on UK energy security. The March assassination attempt in Salisbury on Sergei Skripal and his daughter Yulia, who both remain critically ill in hospital, has led to a round of expulsions of Russian diplomats by governments around the world, led by the UK. Given Russia's clout in international energy markets, speculation has mounted over the potential for Moscow to respond by restricting international energy flows. That scope seems to b

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