Gas

Russian Gas Production Is Eco-Friendly

Natural gas production in Russia is eco-friendly and the best available technologies are used for its production and transport, Russian Deputy Prime Minister Victoria Abramchenko told reporters on Friday. “The best available technologies are used in production and transport of our gas. This is indeed eco-efficient production,” she said. Russian …

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Turkey Signals New Natural Gas Discovery in Black Sea

Turkey will conduct new drillings in areas in the Eastern Mediterranean where it sees signs of natural gas, Energy and Natural Resources Minister Fatih Dönmez said Monday. “We think there is potential in the wells we have drilled,” Dönmez told the private broadcaster, A Haber. The minister also signaled new …

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US Becomes Main LNG Supplier to European Market in Q1 of 2021

The United States became the first largest supplier of liquefied natural gas (LNG) to the European market in the first quarter of 2021, overtaking Qatar, according to the latest report by Russia’s energy giant Gazprom published on Monday. “Thanks to a significant increase in associated gas production and the construction …

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EU Reassessing Role of Natural Gas in Green Finance Rules

The European Union’s landmark rules to classify green investments may need to accommodate natural gas, the European Commission said on Monday, as Brussels weighs a politically fraught decision on how to treat the fossil fuel. The Commission last month published its “sustainable finance taxonomy”, a list of economic activities that …

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EU Interested in Nord Stream 2

European countries are mostly interested in the Nord Stream 2 gas pipeline construction project. The project is still planned to be completed in 2021, Russia’s Minister of Energy Nikolay Shulginov said in an interview with Energy Policy magazine. “Our position has not changed. Europe is largely interested in this gas …

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