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Gas, oil and LNG: an eternal up and down
Putin continues to heavily subsidise the country's refineries, Serbia is disappointed by Russia's gas supply and the USA does not decide to impose LNG sanctions on China after all.
10/13/2025
Russian President Vladimir Putin relaxed fuel subsidy rules for the country's refineries, allowing them to continue receiving billions of roubles in support as Ukrainian attacks on the industry intensify.Refineries will remain eligible for subsidies even if wholesale market prices for diesel and petrol significantly exceed threshold prices,…
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