Tag Archives: Europe

The whole investment is around 400 mln euros.

The construction was stalled by a legal rift on gas prices.

Since last year. oil producing countries have cut back production in an attempt to offset dipping prices.

Now Russia and Saudi Arabia are discussing opening the taps by an extra million barrels per day.

Moscow is ready for talks with Ukraine on continued gas transits through the country.

IHS Markit expects European gas prices to be increasingly set by the global market.

Turkey imports around 30 billion cubic meters of gas from Russia annually via the two pipelines.

The oil price was lower at the beginning of the year than today.

Gazprom and Botas inked an agreement on conditions and parameters for the section construction.

Saudi Arabia and Russia are reportedly nearing an agreement to jointly increase oil production in the upcoming period.