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The Energy Agenda

Podcast: The economic sanctions on Russian energy

Price cap on Russian oil, new sanctions on petroleum products and a volatile energy market. Dr. Tatiana Mitrova helps us understand more in this episode of ONS Energy Talks.

Published:  
January 15, 2023

Dr. Tatiana Mitrova has served as executive director at the Energy Center of the Moscow School of Management and as head of research in the oil and gas department in the Energy Research Institute of the Russian Academy of Sciences.

She’s now a senior research fellow at Columbia University’s Center on Global Energy Policy.

“So this embargo, coupled with the price cap, I think it’s indeed quite a significant measure. Technological sanctions are also working. […] But it is a very slow process.You can never expect sanctions to change this situation overnight.
They are working slowly, but they are working.”

In this episode you will hear more about:

  • The first round of economic and technological sanctions on crude oil since February 24, 2022.
  • The price cap on Russian oil introduced before Christmas.
  • The new sanctions on petroleum products introduced 1 February 2023
  • The situation for gas, the lack of transportation routes/pipelines and the future for Russian gas in the European energy market.

ONS Energy Talks is a podcast series with analysis, insight and topics covering the energy industry, energy security and technology.

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Dr. Tatiana Mitrova has served as executive director at the Energy Center of the Moscow School of Management and as head of research in the oil and gas department in the Energy Research Institute of the Russian Academy of Sciences.

She’s now a senior research fellow at Columbia University’s Center on Global Energy Policy.

“So this embargo, coupled with the price cap, I think it’s indeed quite a significant measure. Technological sanctions are also working. […] But it is a very slow process.You can never expect sanctions to change this situation overnight.
They are working slowly, but they are working.”

In this episode you will hear more about:

  • The first round of economic and technological sanctions on crude oil since February 24, 2022.
  • The price cap on Russian oil introduced before Christmas.
  • The new sanctions on petroleum products introduced 1 February 2023
  • The situation for gas, the lack of transportation routes/pipelines and the future for Russian gas in the European energy market.

ONS Energy Talks is a podcast series with analysis, insight and topics covering the energy industry, energy security and technology.

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