Page 1 - FSUOGM Week 18 2022
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Issue 1175 03•May•2021 Week 18
EU may embargo Russian oil
Energy ministers from EU member states have gathered in Brussels to
discuss the possibility of banning the importation of Russian crude.
India keen on Russian supplies
In contrast to Western companies’ self-sanctioning behaviour, Indian refiners
are seeking out heavily discounted Russian crude.
AP set to reach full capacity
T
Azerbaijan’s president says the pipeline will send 10 bcm of gas to Italy this year
– and the link’s capacity could double, but only if TAP’s shareholders agree.
Litasco shut out of derivatives market
A bank’s decision to stop providing clearing services for derivative trades has
left Lukoil’s trading arm unable to hedge its exposure to physical products.
