“IEA chief expects Russia to lose the energy battle, sees major difficulties for Moscow’s exports”
“International Energy Agency (IEA) Executive Director Fatih Birol believes Russia will lose its energy war with the West, saying China and India’s crude oil purchases will likely fall short of offsetting the fall in shipments to Europe.
“Europe is having major economic problems, but for Russia, Europe was a very, very important client,” Birol told CNBC’s Joumanna Bercetche at the World Economic Forum in Davos, Switzerland.
Last week, an independent analysis from the Center for Research on Energy and Clean Air showed that revenues from Russia’s fossil fuel exports collapsed in December, significantly hampering President Vladimir Putin’s ability to finance the war in Ukraine.”
https://www.cnbc.com/2023/01/18/ukraine-war-iea-chief-expects-russia-to-lose-the-energy-battle.html
“Launched the first train connecting Ukraine and Romania.”
“Just to remind. Back in August 2022, in the middle of the war, we completed 20km of new track reconstruction. That track was closed for 17 years. We done it in 2 months. And then we waited for another 4 months while Romanian railways completed its part of the job.”
“We also brought brand new diesel train to the route. Made in Ukraine during the war, btw.”
“5 reasons why this connection is important: (1) yet another connection for cargo export. More business for both countries. Vital for , because cargo export is blood for our economy. Beneficial for , both railways and #Constanta seaport. Great extension for #SolidarityLanes.”
“Actually, there is also 6th reason why this corridor is important, but that’s something we never discuss. If you know what I mean.”
https://twitter.com/AKamyshin/status/1615476975870660610