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Russian Energy Week Showcases Moscow’s Energy Clout, Nuclear Push and Winter Readiness

Brussels’ plan to tap frozen Russian assets by late 2025 provides the backdrop.

Overview

  • Vice Premier Alexander Novak said Russia supplies about 17% of global energy and is prioritizing new sales in Asia, Africa and Latin America.
  • Rosatom chief Alexey Likhachev reported negotiations for new nuclear power projects in several countries are at a final stage as Vladimir Putin highlighted Russia’s full nuclear fuel‑cycle capabilities.
  • Gazprom confirmed a record 73.17 bcm of gas in storage and will hold an October 17 board meeting on winter demand peaks and the eastern gas program.
  • Import‑substitution measures advanced as Denis Manturov pressed for a national regime and quotas for Russian oilfield equipment, and Anton Alikhanov said domestic turbine makers can meet utilities’ needs.
  • EU commissioner Andrius Kubilius outlined a roadmap to employ frozen Russian assets by the end of 2025, introducing a prominent external pressure point for Moscow’s energy agenda.