Tag Archives: Gazprom

European Union countries are wrangling over how to rapidly fill their gas storage ahead of next winter and share the burden of quickly buying large stocks at current sky-high prices. Europe is facing a race to build a buffer of stored gas ahead of winter, to help cope with potential …

Gazprom Germania, an energy trading, storage and transmission business under Russia’s natural gas giant Gazprom, will be transferred to Germany’s regulator to ensure energy security, Economy Minister Robert Habeck said on Monday. All voting rights in the company will be transferred to the regulator, the Bundesnetzagentur, Habeck told a news …

Oil futures were set to open for Asian trade on Sunday, after both Brent and US crude benchmarks posted their biggest weekly falls in two years last week as the United States announced the largest ever release from the US Strategic Petroleum Reserve. Both contracts settled down around 13 per …

Russia said on Monday it will not supply gas to Europe for free as it works out methods for accepting payments for its gas exports in roubles but G7 nations refused the demand. At a meeting of European Union leaders on Friday, no common position emerged on Russia’s demand last …

Bulgaria will not renew a natural gas supply contract with Russia’s Gazprom PJSC amid the war in Ukraine, and will look at alternative supplies and a future joint European Union contract to avoid a shortfall, Deputy Prime Minister Assen Vassilev said Saturday. The Balkan country gets almost all of its …

Russian energy giant Gazprom said on Tuesday that natural gas exports outside former Soviet Union countries fell by 28.5% year-over-year to 30.7 billion cubic meters (bcm) from Jan. 1 to March 15. The company added that it continues to deliver gas as requested by consumers in full compliance with contractual …

Russian energy company Gazprom on Thursday resumed westbound gas supplies via the Yamal-Europe pipeline to Germany from Poland, data from Gascade pipeline operator showed. Flows have been at 5.9 million kilowatt-hour per hour (kWh/h), while renominations, or preliminary bids, stand at 19.3 million kWh/h until Friday morning.

The European Union is capable of going through next winter without imports of Russian natural gas while avoiding serious damage to its economy, according to a new report by Belgium-based think tank Bruegel. The 27-nation bloc would need to curtail its demand by at least 10%-15% should Russia halt imports …

Russia’s Gazprom continues to supply gas for transit through Ukraine in the regular mode and following consumers’ demands amounting to 107.5 million cubic meters as of Sunday, the company said. “Gazprom supplies Russian gas for transit through the territory of Ukraine in the regular mode, in accordance with the applications …

Russian gas exports via Ukraine have continued as normal and are in line with requests from consumers, Russian energy giant Gazprom said on Thursday. The company said the requests have been at 83 million cubic metres per day as of Feb. 24, up 31.4% from Feb. 23.