Russia does not appear to be backing down from its oil and gas commitments, with speculation over new partnerships with India, as well as plans to up its crude output from January, its fossil fuel industry is going from strength to strength. Russia and India signed several energy cooperation agreements …
Read More »Gazprom’s Export Growth Slows as Europe’s Energy Crisis Worsens
The pace of Gazprom’s natural gas exports’ growth to Europe has slowed in recent months to just under five percent, according to data published by the Kremlin-backed gas giant yesterday. Gazprom revealed its natural gas exports outside the former Soviet Union bloc between January and December had increased 4.8 percent …
Read More »Russia hasn’t Raised Gas Supply to Europe despite Putin’s Promise
Russia has not materially increased natural gas supply via its pipelines to Europe, despite assurances from Russian President Vladimir Putin that Gazprom would start sending more gas after it completes filling Russian storage. In November, Russian gas supply to Europe was volatile, as gas flows on the Yamal-Europe pipeline via …
Read More »Naftogaz CEO: Certifying Only the Nord Stream 2 Last Mile is a Mockery of EU Rules
The Ukrainian position is that since Nord Stream 2 is not compliant with EU rules, it should not be certified, the CEO of Ukraine’s gas and oil state company Naftogaz Yuriy Vitrenko told a conference in Brussels on Wednesday (1 December) organised by EURACTIV Bulgaria. The conference, titled “Nord Stream …
Read More »Gas Reserves in European Underground Storages 15 bcm Below Average
The reserves in European underground gas storage facilities currently equal 75.5 bln cubic meters, which is 15 bln cubic meters below the average level, department head of Gazprom Export, the export arm of the Russian gas holding Gazprom, Andrei Zotov told a telephone conference on Monday. “As for today’s total …
Read More »Gazprom does not Plan to Produce Shale Gas
Gazprom does not plan to produce shale gas that adversely affects the environment in view of being supported by proven reserves at conventional fields, the company said on Tuesday. “Gazprom also does not plan shale gas production in view of high availability of proven gas reserves at conventional fields, whose …
Read More »Russia’s Gazprom Says Gas will Flow into EU Storage this Month
Russia’s Gazprom PJSC said it’s kicking off a plan to send gas into five European storage facilities in November, delivering on a promise made by President Vladimir Putin to the energy-hungry continent last month. “The volumes and gas-transportation routes have been determined,” Gazprom said in a statement, without giving further …
Read More »Gazprom Ships First LNG to India via Northern Sea Route
Russia’s Gazprom said its Marshal Vasilevskiy vessel passed through the Northern Sea Route (NSR) with a cargo of liquefied natural gas (LNG) for the first time ever. The Russian LNG cargo was delivered under long-term contract to Indian company GAIL. On September 23, Marshal Vasilevskiy collected an LNG cargo at …
Read More »Germany: Nord Stream 2 Poses no Threat to European Energy Security
Germany’s government has determined that the Nord Stream 2 poses no threat to European energy security, clearing a key obstacle to the pipeline’s commercial launch. Whether or not the pipeline is considered an energy security risk will be a key consideration as German energy regulator Bundesnetzagentur decides whether or not …
Read More »Gazprom Meets European Consumers’ Bids in Full
European consumers’ applications for supplies of Russian gas are being fulfilled in full, Russia’s energy giant Gazprom said in a statement amid reports that pumping via the Yamal-Europe pipeline had been stopped. “Fluctuations in demand for Russian gas depends on the buyers’ existing needs,” Gazprom said. Gas pumping to Europe …
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