CSE and CIS
Although Russia is still among the three global leaders in oil production, it only ranks the 8th in terms of the size of controlled oil reserves. But they are already heavily depleted and there are no new oil deposits that would be cheaper and easier to extract.
Russia and China are working on a joint project of low-orbit satellite constellation for distribution of high-speed internet, Russia’s Deputy Prime Minister Maxim Akimov said after Prime Minister Dmitriy Medvedev and his Chinese counterpart Li Keqiang meeting.
In a surprising move Russian President Vladimir Putin refused to grant the frequencies widely used for 5G networks to domestic telecommunication networks operators and decided to reserve these frequencies for the military and intelligence services.
The Serbian Ministry of Mining and Energy and Russian gas company Gazprom have signed an agreement on the construction of LNG stations in Serbia. In March, the Serbian government said it was considering the construction of four LNG-powered plants.