Tag Archives: Alexander Novak

Russia and Iran need to step up work to increase the volume of trade in national currencies.

The minister reiterated that Gazprom will remain a reliable energy partner for Europe despite current difficulties.

The transit through Ukraine was secure until the moment of the dissolution of the contract between Gazprom and Naftogaz.

All existing commitments to supply and transit gas to the EU are being honoured.

Gazprom disagreed with the ruling and voiced its intention ".to protect the rights which are available to it under the applicable law.".

Energy companies including BP. Total. Statoil and Eni are present in Russia.

During the meeting in Moscow. the sides discussed a number of issues of great importance in the energy sector.

OPEC’s cut has boosted oil prices. which in January topped $71 a barrel for the first time since 2014.

Russia is cutting 300.000 bpd as part of the pact with OPEC.

Saudis mull importing gas while planning to double own output.