When will Russia run out of oil for export?

2023-10-09 03:18:52

If production rates are not reduced and new deposits are not discovered, then in 2040

Russian Energy Minister Novak noted in 2018 that oil production in Russia, in the absence of incentives, could fall by 44% by 2035. Taking into account the coronavirus infection in 2019 and sanctions, these deadlines have shifted to 2040.

Russia has one of the highest taxes on the oil industry in the world, which makes it difficult to stimulate production.

Novak: oil production in Russia in the absence of incentives may fall by 44% by 2035

Will rallies be repeated in Kazakhstan?

2023-06-08 08:35:38

Yes, in 2025

The leaders of the EAEU countries reached an agreement in principle and approved the concept of a common hydrocarbon market from 2025. And this means that the price of hydrocarbons should be equal, and electronic trading will also have to be introduced. For Kazakhstan, this means an increase in the retail price of energy resources, because at the moment it has the lowest energy prices in comparison with its neighbors. Rising prices for everything will immediately cause a repeat of the riots, as was the case in 2022.

The riots in 2022 began due to the fact that electronic trading was introduced and someone bought up all the gas and the retail gas price doubled.

EAEU single oil and gas market: pros and cons

What will be the results of the referendum on the construction of a nuclear power plant in Kazakhstan?

2024-09-27 05:03:54

Vote for construction

The country is in dire need of cheap electricity

Turnout will be low. 52% will vote for construction

Referendum on nuclear power plants

Is Dmitry Medvedev's forecast for 2023 correct?

2022-12-30 04:42:35

No

There are many flaws in the forecast. In 2024, elections in the United States will be held in November. Energy prices depend on many factors, such as supply and demand, availability and number of suppliers. For such prices to appear, someone must leave the energy market. Russia itself? All decisions in the European Union on accession are made for years and simply cannot be agreed in a year.

This is just a favorable forecast for Russia, which could still be believed if it were announced at least for 3 years. Also, the forecast does not specify Russia itself, as well as China.

Before the new year, everyone likes to make predictions

Medvedev published forecasts for 2023 with the partition of Poland and the collapse of the EU

Accuracy 20