The report of the Center for Strategic Research analyzes the global and Russian petrochemical markets, the risks, and prospects for their development, as well as measures to support the industry.

The Analytical Credit Rating Agency (ACRA) has published its Russian oil sector 2023 outlook.

Already grappling with a supply glut in liquefied natural gas (LNG), global gas companies face fresh challenges due to two seismic events: the COVID-19 pandemic and the global oil price shocks. Together, these developments are set to deepen and lengthen the current imbalance between supply and demand in LNG markets, leading to a lower-for-longer price environment. As a result, up to 8% of global LNG demand could be at risk (more than 25 million tonnes per annum, or MTPA) in the near term while the low-price environment could last another one to two years.

This analytical report by The Oxford Institute for Energy Studies explores potential supply sources, demand issues, transportation problems, and the conditions under which Southern Corridor gas will compete with other supply in the European market.