Tag Archives: Europe

Russian natural gas supplied to Europe has the minimal carbon footprint and meets all EU climatic requirements, Deputy CEO of the Russian gas holding Elena Burmistrova said in an interview with the Gazprom’s corporate magazine. The European Union has recently announced plans to introduce the carbon duty in 2026 at …

Gazprom has rejected the opportunity to maximise gas sales to Europe for the second month running, with the Russian gas giant booking only a small share of available additional pipeline capacity for November. The company did not book any additional capacity on pipelines running through Ukraine to the EU for …

Russia is signaling that it won’t go out of its way to offer European consumers extra gas to ease the current energy crisis unless it gets something in return: regulatory approval to start shipments through the controversial Nord Stream 2 pipeline. In exchange for upping supplies, Russia wants to get …

For European nations looking for ways to protect their citizens and businesses from skyrocketing energy prices, Spain has a dispiriting message: there’s only so much governments can do. After months of devising policies to cap the pain of a record surge in gas and power prices amid supply shortages, Spain’s …

Fresh from crowing over Europe’s gas crisis, Russian President Vladimir Putin now sees a chance to capitalize on it. Putin wants to press the European Union to rewrite some of the rules of its gas market after years of ignoring Moscow’s concerns, to tilt them away from spot-pricing toward long-term …

The gas price in Europe surpassed $1,100 per 1,000 cubic meters during Monday trading after diving below $1,000 as trading opened, according to data provided by London’s ICE exchange. The price of gas futures for November delivery at the TTF hub in the Netherlands currently stands at $1,123 per 1,000 …

The high prices and volatility we are seeing in the European gas market go beyond current market tightness, cutting to the heart of a very real concern: will there be enough gas this winter to meet demand? And the answer is: it depends. Many factors will influence how the European …

Earlier this week, the price of gas futures in Europe broke a new record, exceeding $1,900 per 1,000 cubic metres, before falling by $740 and temporarily stabilising at about $1,198. The already strained European gas markets may become more volatile next week, when bad weather is expected to increase demand …

Europe may face gas shortages this winter if the cold weather depletes storage levels to zero, leaving the region entirely dependent on additional flows from Russia, according to consultant Wood Mackenzie Ltd. If Europe and Asia experience cold winters, there won’t be enough gas to meet demand unless extra volumes …

Russia has been gradually increasing gas deliveries to Europe over the past nine months, boosting exports by 15% compared to last year and edging toward record gas deliveries via all routes, including Ukraine, Gazprom Export says. According to company CEO Elena Burmistrova, from January to September this year Russia’s state …