Poland’s energy company PGNiG will not have the right to veto the certification of Russia’s Nord Stream 2 gas pipeline, says German energy regulator Bundesnetzagentur (BNetzA). The Warsaw-based firm, however, will get an opportunity to muster the arguments during certification proceedings of the widely-debated pipeline, the watchdog said as quoted …
Read More »IAEA must have Access to Atomic Fuel for Australia Submarines
The International Atomic Energy Agency (IAEA) should have timely access to nuclear fuel used for Australia’s submarines envisioned in the AUKUS deal, Kazem Gharibabadi, Iran’s ambassador to the IAEA said. “For Australia, reaching safeguards arrangement with the Agency is of essence. The Agency should have access to the HEU [highly-enriched …
Read More »EU Countries Struggle to Agree Approach to COP26 Climate Talks
European Union countries are struggling to agree their negotiating position for the COP26 climate change conference, with rifts emerging over timeframes for emissions-cutting pledges, according to officials and documents seen by Reuters. The EU is drafting its position ahead of the November COP26 talks, where countries will attempt to finish …
Read More »US Supplies of LNG to Europe have not been Stable for Two Years
The hopes of European countries that LNG supplies from the United States will be stable, have not been fulfilled for second consecutive year due to an attractive price on the Asian market for the American LNG, the department head of Gazprom Export, the export arm of Russia’s top gas producer …
Read More »Russia Plans to Invest Additionally $55 Million in 2022 in Northern Sea Route Development
Additional investments in development of the Northern Sea Route in 2022 are planned at 4 billion rubles ($55 million). The money will be used for construction of the Utrenniy LNG terminal at the Arctic port Sabetta, reads a memorandum on Russia’s draft budget for 2022-2024. TASS has a copy of …
Read More »UAE Seeks $100 Billion India Trade as It Deepens Ties
The United Arab Emirates is seeking to more than double non-oil trade with India to as much as $100 billion over five years as part of efforts to deepen ties with fast-growing economies beyond the Middle East. The two governments have started talks on an economic pact aimed at boosting …
Read More »Iran Plans to Attract $125b of Investment in Oil Industry
Iranian Oil Minister Javad Oji has said his ministry is making necessary arrangements and planning for attracting $125 billion of foreign and domestic investment in the country’s oil industry within the next four to eight years, Shana reported. Making the remarks in a meeting with the Head of China Petrochemical …
Read More »Russia Meets all Contractual Commitments to Gas Consumers in EU
Russia fulfills all of its obligations towards gas consumers in the European Union and it is impossible to increase gas transit before gas is sold under a contract, Kremlin spokesman Dmitry Peskov said on Wednesday. Peskov commented on the statement Amos Hochstein, US State Department’s Senior Advisor for Energy Security …
Read More »Iraq Warns of Oil Demand Rising as Global Gas Crisis Worsens
Iraq warned that oil demand will probably rise as the supply crunch in natural-gas markets forces consumers to look for alternative fuels, echoing the views of fellow OPEC member Nigeria. “There is some new concern,” Iraqi Oil Minister Ihsan Abdul Jabbar said in an interview. Iraq is ready to pump …
Read More »Turkey in Talks on New Gas Supplies from Russia
Ankara is discussing new contracts for gas supplies with a number of countries, including Russia, Turkish Deputy Energy Minister revealed on Tuesday. “This year will be very difficult for all of us. But we are on good terms with our current suppliers, such as Azerbaijan and Russia. We are discussing …
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