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 …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »Russia’s Gazprom Set to Increase Natural Gas Sales to Europe
Energy giant Gazprom is reportedly ready to boost supplies of natural gas to Europe in a bid to help ease rising gas prices in the continent. Kremlin Press Secretary Dmitry Sergeyevich Peskov was cited by Interfax news agency as saying that state-owned energy firm Gazprom is interested in more European …
Read More »EU Ministers Unveil Plan to Weaken Russian Grip on Gas Supply
Europe’s energy ministers have joined forces to establish a plan that will reduce their dependence on foreign gas and purchase supplies as a bloc as part of a larger effort to combat Russia’s stake in the highly-coveted resource. The plan is to purchase strategic gas reserves as a bloc with …
Read More »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 …
Read More »Gazprom Rejects Gas Transit Increase as Europe Faces Winter Fuel Crisis
Russian gas giant Gazprom has turned down an option to maximize gas shipments to Europe as the continent faces a looming energy crisis amid surging natural gas prices. Gazprom did not book any of the additional capacity available in transit pipelines running through Ukraine in auctions for October, the state-run …
Read More »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 …
Read More »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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