• Policy

        • Canada

        • 2014

        Canadian Sanctions Related to Russia

        …Special Economic Measures Act incorporates sanctions related to Russia since March 2014. Further amendments on the regulation have been made, imposing an asset freeze and dealings prohibition on designated persons, as well as restrictions on certain sectors, such as the energy sector. The Special Economic Measures Act notably prohibit any person in Canada and any Canadian outside Canada from exporting, selling, supplying or shipping the provision of any services referred to the Russian oil, gas, chemical and manufacturing industries. As a result, the Minister of Natural Resources announced in February 2022 that Canada will ban crude oil imports from Russia…

        • Policy

        • European Union

        • 2014

        Restrictive measures against Russia

        …23 June 2023)End of possibility to import Russian oil by pipeline for Germany and Poland (23 June 2023)Export restrictions on coal (5 October 2022) and import ban on all forms of Russian coal ( 8 Apr 2022)Import ban on Russian finished and semi-finished steel products, machinery and appliances (5 October 2022)Implementation of G7 oil price cap 5 October 2022)Implementation of oil import restrictions including an embargo on the imports of crude oil and refined oil products from Russia (3 June 2022) Prohibition of future investments in, and exports to, LNG projects under construction in Russia…

        • Policy

        • Norway

        • 2023

        Norwegian price cap on Russian petroleum products

        Norway introduced a price cap on Russian petroleum products to reduce Russia's revenues from the sale of petroleum products to third countries and to match the price caps adopted by the EU and the G7 countries. The price cap is USD 45 per barrel for refined petroleum products trading at a discount to crude oil, and USD 100 per barrel for refined petroleum products trading above the price of crude oil. 

        • Policy

        • United Arab Emirates

        • 2021

        UAE and Russia agreement to collaborate on hydrogen development

        The UAE's Ministry of Industry and Advanced Technology and Russia's Ministry of Industry and Trade signed a memorandum of understanding (MoU) to collaborate on hydrogen development, particularly in the production, storage and transportation of the fuel. Under the agreement, the two countries will collaborate in the manufacture of equipment used in the production, liquefaction and use of raw hydrogen and fuel mixtures that use hydrogen as a main element.

        • Policy

        • Russian Federation

        • 2021

        UAE and Russia agreement to collaborate on hydrogen development

        The UAE's Ministry of Industry and Advanced Technology and Russia's Ministry of Industry and Trade signed a memorandum of understanding (MoU) to collaborate on hydrogen development, particularly in the production, storage and transportation of the fuel. Under the agreement, the two countries will collaborate in the manufacture of equipment used in the production, liquefaction and use of raw hydrogen and fuel mixtures that use hydrogen as a main element.

        • Policy

        • Russian Federation

        • 2003

        Energy Strategy of Russia to 2030

        The objective of the energy strategy of Russia is to maximize the effective use of natural energy resources and the potential of the energy sector in order to sustain economic growth, improve quality of life, and strengthen Russia's foreign economic positions.The Strategy determines objectives and goals of the Russian energy sector's long-term development, its priorities and guidelines, as well as mechanisms of the state energy policy to ensure the realization of stated objectives. It includes State Energy Policy requirements and guidelines, pushing support for R&D as well as providing strategic development assistance. The Strategy…

        • Policy

        • Russian Federation

        • 2006

        EBRD Loans for Russian Hydropower

        On 8 September 2006, the European Bank for Reconstruction and Development announced the long-term loan of EUR185 million to finance the modernisation of nine power stations on the Volga-Kama cascade, one of Russias largest sources of hydro power. As of 2006, hydro generation was the main source of renewable energy in Russia, accounting for 20% of all power produced.

        • Policy

        • Russian Federation

        • 2006

        EBRD Loans for Russian Hydropower

        On 8 September 2006, the European Bank for Reconstruction and Development announced the long-term loan of EUR185 million to finance the modernisation of nine power stations on the Volga-Kama cascade, one of Russias largest sources of hydro power. As of 2006, hydro generation was the main source of renewable energy in Russia, accounting for 20% of all power produced.

        • Policy

        • Russian Federation

        • 2009

        Tax Code of the Russian Federation - Procedure and conditions for granting an investment tax credit

        The Tax Code includes provisions for granting tax credits for organizations investing in energy-efficient technologies and fixed assets.

        • Policy

        • Russian Federation

        • 2020

        Energy Strategy of the Russian Federation for the period up to 2035

        The Strategy sets priorities of the state energy policy, tasks and key measures for the development of the energy sector. A few measures related to methane abatement are mentioned, including rational use of associated petroleum gas and minimizing the volume of its flaring alongside an overall goal for reduction of greenhouse gas emissions.  One of the indicators of the Strategy is a "coefficient of efficient utilisation of associated petroleum gas" (%) which is targeted to increase from the current 85.1% (in 2018) to 90% in 2024 and 95% in 2035. 

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