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China Imports Record Russian Crude With Xi In Moscow
...the original Power of Siberia route in the statements following bilateral China-Russia meetings at the start of last decade. The original Power of Siberia negotiations lasted well over a decade before a deal was finally struck in 2014 as the West ramped up sanctions on Russia in the wake of Mo...
Volume: 66Issue: 12Published at Fri, 24 Mar 2023 -
KRG-Baghdad Rapprochement To Be Tested By Budget Agreement
...ll under central government monitoring and all other similar accounts shall be closed.” These points have also been enshrined in Article 14 of the proposed 2023 budget legislation. Since the KRG began independent oil exports in 2014, revenues have been paid into an escrow account with Turkey’s Ha...
Volume: 66Issue: 12Published at Fri, 24 Mar 2023 -
Iraq Drafts Blowout Budget: More Energy Capex, But More Wages Too
...cludes exports from the Kurdistan Region of Iraq, with which the government hopes to finalize a political agreement over monitoring the region’s 400,000 b/d exports (see p10). The oil price assumption is the largest in an Iraqi budget since 2013’s $90/B – the planned 2014 budget was also based on $90...
Volume: 66Issue: 12Published at Fri, 24 Mar 2023