Executive Summary: The European Union’s 14th sanctions included restrictions on the transshipment of Russian liquified natural gas (LNG) through EU territory to third-party countries. The sanctions related to contracts signed before June 24, 2024 came into effect on March 26. Russia’s LNG industry faces significant... MORE

Executive Summary: Russia is experiencing energy shortages and electricity generation problems exacerbated by its war against Ukraine, sanctions, and cryptocurrency mining. Russia’s electricity exports to the People’s Republic of China (PRC) significantly dropped in 2024 due to energy deficits in the Far East, and these... MORE

Executive Summary: In mid-February, Türkiye and Turkmenistan signed an agreement facilitating the flow of natural gas through Iran, a step to enhance Türkiye’s energy security and diversify its supply. Iran’s technical issues in infrastructure and the increased chances of U.S. sanctions bring risks of supply... MORE

Executive Summary: The “Eastern Data Western Computing” plan is a multiagency strategy that coordinates cloud computing data centers and energy infrastructure across the People’s Republic of China. These are increasingly relevant with the rise of artificial intelligence. This cloud infrastructure buildout likely will not rival that... MORE

Executive Summary: Russia’s global liquefied natural gas (LNG) exports to grew in 2024, despite heavy sanctions. Russia plans to continue this trend and capture 20 to 25 percent of the global LNG market by 2035. To achieve this goal, Russia has created two strategies: a... MORE

Executive Summary: The Baltic states recently marked a major milestone by disconnecting from the Soviet-era electricity system and synchronizing with the continental European grid. The disconnect from the Moscow-controlled system was marked by Russian influence operations and incidents related to critical infrastructure in the Baltic... MORE

Executive Summary: The People’s Republic of China (PRC) has officially approved a 60-gigawatt hydropower dam on the Yarlung Zangbo river in Tibet, estimated to cost over 1 trillion renminbi ($137 billion) and surpass the capacity of the Three Gorges Dam. The project aligns with national... MORE

Executive Summary:  Russia is increasingly involved in Southeast Asia’s nuclear energy market, most recently vis-a-vis the signing of a new memorandum on the development of nuclear energy between Rosatom and Vietnam Electricity.   Once established, nuclear energy cooperation creates long-term commitments associated with power plant maintenance,... MORE

Executive Summary:  Russian LNG exports and production increased significantly in 2024. The export of hydrocarbons, including LNG, remains one key means by which Russia finances its war against Ukraine.  Other large LNG producers, such as the United States and Qatar, prefer to sell their energy... MORE

Executive Summary: On January 6, the State Oil Company of the Republic of Azerbaijan (SOCAR) announced plans to invest in Türkiye’s energy sector, strengthening bilateral ties and allowing Baku to expand its influence in Europe and the Middle East. SOCAR is critical in meeting Türkiye’s... MORE