Tag Archives: Europe

Iraq on Monday joined Iran and Venezuela in opposing any plans to start boosting crude output.

Russia'.s largest crude producer Rosneft was also in a position to be able to add 100.000 b d to production in a few days.

While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.

Russian output hit 11.1 million bpd in early June.

The deadline of 2022 is based on the expiration dates of contracts with PGNiG and Gazprom.

Russia is the largest non-OPEC contributor to the production cut agreement. now in its second year.

The Nord Stream 2 project has been welcomed by some countries in Europe. such as Germany and Austria.

Rosatom is the equipment supplier for the KNPP. whose first two units of 1.000 MW each have already been commissioned.

Ukraine and the European Union have already agreed to begin tripartite negotiations on the transit of gas to European consumers from Russia.

Nord Stream 2 is a pipeline for both Russian gas and Russian influence.