Why Russia’s Energy Revenues Will (Probably) Fall in 2025

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Russia’s economy could be in for a shock as a fall in oil and gas prices could seriously hinder their ability to fund their ongoing invasion of Ukraine. So in this video, we’ll examine these economic headwinds and just how bad things could get for Putin.

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Sources:

Europe-Russia energy dependence
 https://www.statista.com/statistics/1201743/russian-gas-dependence-in-europe-by-country/ 
https://www.euractiv.com/section/eet/news/the-messy-affair-of-divorcing-russian-gas-and-bridging-eus-energy-price-gap/ 
 https://www.bruegel.org/dataset/european-natural-gas-imports 

Russia energy export revenues
 https://www.oxfordenergy.org/wpcms/wp-content/uploads/2024/03/Follow-the-Money-Russian-Oil.pdf 

Russian-Azeri oil
https://www.globalwitness.org/en/campaigns/fossil-gas/eu-importing-more-russian-origin-fuel-azeri-refinery/ 

European imports of Russian LNG
 https://www.theguardian.com/environment/2025/jan/09/european-imports-of-liquefied-natural-gas-from-russia-at-record-levels 
https://www.ft.com/content/ef4230c1-befa-4053-97b2-397c69c20002 

India and China Russian oil imports
https://energyandcleanair.org/november-2024-monthly-analysis-of-russian-fossil-fuel-exports-and-sanctions/  https://www.forbes.com/sites/gauravsharma/2024/08/18/what-sanctions-85-of-russias-oil-finds-buyers-in-china-and-india/ 

Russian energy revenues set to decrease
https://www.bloomberg.com/news/articles/2024-09-23/russia-sees-oil-and-gas-revenue-shrinking-for-next-three-years?embedded-checkout=true 
https://www.vsemirnyjbank.org/ru/news/press-release/2024/10/29/commodity-markets-outlook-october-2024-press-release 

Global oil prices https://www.cnbc.com/2024/11/13/oil-could-plunge-to-40-in-2025-if-opec-unwinds-voluntary-production-cuts-analysts-say.html 
https://theins.ru/en/economics/277728 

China-Russia gas pipeline dispute
 https://www.ft.com/content/f37f4b84-0d2c-4e7b-882c-3fb26822bb9c

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