A Russian LNG plant on the Baltic Sea coast has delivered gas to China for the first time since the introduction of US sanctions. The vessel Valera arrived at the Beihai import terminal, indicating strengthening energy cooperation between the countries.
The profits of the Russian oil giant Rosneft collapsed by almost 70% due to sanctions. The CPD reports a crisis in Russia's energy sector.
Russia and China held consultations on missile defense and strategic stability, agreeing to strengthen cooperation. This comes amid concerns about US plans to create a new missile defense system and resume nuclear testing.
Russia's metallurgical industry is declining due to export restrictions, a high key rate, and competition from Chinese manufacturers. This economic cooling is forcing major players to curtail investment programs.
Russian "Gazprom" is developing detailed design documentation for the "Power of Siberia-2" gas pipeline to China, which will transport 50 billion cubic meters of gas per year. The cost of design work can reach 5-10% of the total budget, which is estimated at more than 30 billion dollars.
Russia and Turkey are discussing maintaining Gazprom's annual gas supply volume at around 22 billion cubic meters as part of the extension of two major contracts. This comes amid US pressure to limit energy purchases that finance Russia's war.
The Russian economy is entering a phase where official statistics no longer conceal the scale of problems, losing its ability to generate profits in traditionally strong sectors. The net profit of enterprises for the first eight months of 2025 decreased by 8.3%, and the share of problem borrowers among legal entities reached 23%.
Lithuania and Russia are negotiating the extension of the gas transit agreement to the Kaliningrad region, which expires in December 2025. Lithuania receives approximately 12 million euros in revenue annually for gas transit.
Russian seaborne oil product exports fell to 1. 89 million barrels per day, the lowest level in three years. The reason was disruptions at refineries, sanctions, and Ukrainian drone strikes.
The US expects Serbia to persuade Gazprom to sell its stake in NIS or gain control of the refinery through nationalization.
For the first time in three years, the Russian military-industrial complex has ceased to be an economic driver, according to the National Security and Defense Council's Center for Countering Disinformation. Disinformation. Production of tanks, armored vehicles, and metal products fell by 6-20% in September, and budget revenues dropped by 21%.
The Deputy Minister of Finance of the Russian Federation urges citizens to buy federal loan bonds and gold to "patch up" the budget deficit. This will allow the Kremlin to continue financing the war, shifting the burden onto the population.
A Ukrainian drone attack on the Orenburg gas processing plant forced Kazakhstan to cut production at the Karachaganak field by 25-30%. The plant stopped receiving gas from Kazakhstan, leading to a reduction in production to 25,000–28,000 metric tons per day.
Gazprom's Orenburg gas processing plant stopped receiving gas from Kazakhstan after a drone attack on the night of October 19, 2025, which caused a fire. The Ministry of Energy of Kazakhstan confirmed the emergency situation and the cessation of raw gas reception from the Karachaganak field.
This happened due to a drop in export revenues, sanctions and limited access to capital, as well as an increase in debt servicing costs.
Serbian President Aleksandar Vucic expressed disappointment with Russia's decision to offer a gas deal only until the end of the year, although Serbia sought a three-year contract. Vucic rejected suggestions of nationalizing NIS, controlled by Russia's Gazprom Neft, to circumvent US sanctions.
Serbian oil company NIS, partly owned by Russia, failed to obtain another waiver from US sanctions. This jeopardizes fuel procurement for the country's only oil refinery.
Chinese banks and investors are refusing to cooperate with Russian companies such as Rosatom and Gazprom due to fears of secondary sanctions. Russia's plans to raise financing on the Chinese bond market have proven futile.
A fire broke out at the Novo-Yaroslavsky Refinery in Yaroslavl, the largest oil refining enterprise in the Central Federal District of the Russian Federation. Yaroslavl Oblast Governor Mikhail Yevrayev stated that the fire was of a man-made nature, and no drone attacks were recorded.
Volodymyr Z. was detained in Poland on a European arrest warrant issued by Germany on suspicion of involvement in the Nord Stream gas pipeline explosion. German intelligence services believe that he, as a diving instructor, planted explosives on the pipeline in the Baltic Sea in September 2022.
The United States of America has postponed the introduction of sanctions against the Serbian oil company NIS for only four days; they will come into force on October 1. Sanctions against NIS have been postponed six times, as the Serbian authorities negotiated with both Russian and American sides.
Local residents of Bashkortostan report loud noises, indicating a probable repeat attack on the petrochemical complex "Gazprom neftekhim Salavat". This enterprise, part of PJSC "Gazprom", was already attacked by drones on September 18.
Serbia plans to sign a three-year agreement with Russia for the import of 2. 5 billion cubic meters of natural gas annually. The country already receives gas from Azerbaijan and Russia, and also has significant reserves in its gas storage facility.
This autumn, every tenth company in Russia plans to cut staff. Businesses are forced to cut costs due to falling demand, rising taxes, and more expensive loans.
Putin's visit to China ended without concrete agreements on the Power of Siberia-2 gas pipeline, despite his statements about "consensus". Beijing limited itself to general phrases about "promoting infrastructure projects."
Gazprom signed an agreement to build the Power of Siberia 2 gas pipeline to China via Mongolia, planning to supply up to 50 billion cubic meters of gas per year. The company will also increase supplies via existing routes to compensate for reduced exports to Europe.
The SBU and SSO of the Armed Forces of Ukraine carried out a repeated drone attack on the gas processing complex in the Russian port of Ust-Luga. This is the second such operation this year, aimed at limiting Moscow's revenues from energy trade.
From January to July 2025, Gazprom exported 9. 93 billion cubic meters of gas to Europe, which is the lowest figure since the early 1970s. This happened after the loss of transit through Ukraine, which led to an almost twofold decrease in supply volumes.
On the territory of the Volgograd region of the Russian Federation, on August 2, 2025, explosions disabled the main gas pipeline "Central Asia - Center". Gas transportation has been stopped indefinitely, which affects the facilities of the Russian military-industrial complex.
Average daily supplies of Russian gas to Europe increased by 37% in July. This happened due to recovery after maintenance work and the use of "TurkStream" as the only transit route.
