Tag Archives: Gazprom

Gazprom Rejects Gas Supply Increase to Europe

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 …

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Gazprom may Boost Production Capacity for Long-Term Gas Deals

Russia’s gas giant Gazprom could increase production capacity if it sees higher demand for volumes under long-term supply contracts from Europe, Russian Deputy Prime Minister Alexander Novak said on Friday. Speaking about Gazprom’s production facilities and deliveries to Europe in September, Novak told Russian news outlet Business FM that production …

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Russia’s Gazprom to Launch Gas-Based Hydrogen Project

Russian gas giant, Gazprom, said it signed an agreement with Russian “of intent on hydrogen energy” aimed at technologies for hydrogen production with natural gas processing. “Alexander Novak, Deputy Prime Minister of the Russian Federation, and Oleg Aksyutin, Deputy Chairman of the Management Committee – Head of Department at Gazprom, …

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Germany Seeks Competition Assurances over Nord Stream 2

Germany’s energy regulator said the Nord Stream 2 pipeline must show it would not break competition rules by limiting which suppliers used it and could face a fine if it started pumping Russian gas to Germany without securing necessary approvals. Nord Stream 2, a project led by Gazprom, which has …

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Russia Meets all Contractual Commitments to Gas Consumers in EU

Russia fulfills all of its obligations towards gas consumers in the European Union and it is impossible to increase gas transit before gas is sold under a contract, Kremlin spokesman Dmitry Peskov said on Wednesday. Peskov commented on the statement Amos Hochstein, US State Department’s Senior Advisor for Energy Security …

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Is Gazprom about to Lose Its Natural Gas Export Monopoly?

The long-awaited Nord Stream 2 (NS2) pipeline is arguably the world’s most contentious energy project. While its completion was uncertain for a long time, favorable political, economic, and environmental developments have worked in its favor. Recently, Gazprom, the owner and operator of the pipeline, announced its completion. However, legal challenges …

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Russia has Gas Reserves for more than a Century

Russia’s natural gas reserves will last for more than a century, Alexey Miller, chairman of the board of gas giant Gazprom, said on Friday. “Gas reserves in Russia, Gazprom’s gas reserves are the largest in the world. And we won’t have any problems with our reserves for the next 100 …

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