The Nord Stream 2 gas pipeline project is at the final implementation stage, the Russian gas holding Gazprom said on Friday. The project status was reviewed by the CEO of Gazprom Alexei Miller and the CEO of Austria’s OMV Rainer Seele. “More than 50-year history of reliable export of Russian …
Read More »Russia to Pump 5.6 Billion Cubic Meters of Natural Gas through Nord Stream 2 Pipeline in 2021
Gas supplies via the Nord Stream 2 gas pipeline may total 5.6 billion cubic meters this year, Russia’s state-run energy giant Gazprom said in a statement on Thursday. The project was 99% complete as of July, with the pipe-laying barge Fortuna working at the final section. Gas flows via Nord …
Read More »Gazprom – A Thug in Europe’s Gas Storage Facilities
Gazprom, apart from limiting gas transit to Europe via its export gas pipelines, is also persistently emptying the European gas storage facilities under its control. This is leading to historically high gas prices on the European market, and is a harbinger of a crisis in the coming heating season. Record …
Read More »Gazprom Raises Gas Exports to Europe by 30% in 2021
Russian state-run energy giant Gazprom has increased gas supplies to Western Europe in the first six months of the year by 28.52% compared to the same period last year. The company’s gas exports to Europe amounted to some 77.235 billion cubic meters by June 2021, Gazprom said on Friday. Gas …
Read More »Gazprom’s Revenues Surge on Rising Natural Gas Prices
Export proceeds of Russian state-run energy giant Gazprom saw an enormous increase of 73% from January to June 2021 compared to the same period a year ago, according to Russia’s Federal Customs Service. In monetary terms, the growth amounted to $20.01 billion, while the physical volume of exports totaled 108.4 …
Read More »Gazprom Boosts Gas Exports to Europe in H1 2021
Russia’s gas giant Gazprom boosted its natural gas exports to Europe by 23 percent annually in January to July 2021, Gazprom Export said this week. In the first seven months of this year, Gazprom’s gas sales to Turkey and Europe reached 115.3 billion cubic meters, up by 23.2 percent annually, …
Read More »Nord Stream 2 will Help Russia to Further Arm Itself
Polish Prime Minister Mateusz Morawiecki said he disagreed with the position of the United States and Germany on the issue of the Nord Stream-2 gas pipeline. The head of the Polish government noted that Poland’s allies, including Germany and the United States, “selfishly approached the issue of building this gas …
Read More »Existential Threat to Natural Gas in Europe
It is ironic that at a time when natural gas is under existential attack in Europe, high prices are conspiring with those aiming for its demise. Even though such high prices are a temporary phenomenon, they are encouraging and hastening the switch to renewables. High gas prices in Europe are …
Read More »Gazprom to Supply 8.5 bln Cubic Meters of Gas to China in 2021
Gazprom will more than double its natural gas deliveries to China over the Power of Siberia gas pipeline in 2021 to 8.5 bln cubic meters, Deputy CEO of the Russian gas holding Famil Sadygov said at a press conference in TASS. “The supply to China was 4.1 bln cubic meters …
Read More »Gazprom Continues Ramping Up Production with Gas Exports Booming
Russian energy giant Gazprom’s output rose significantly from January through May compared to the same period last year, the company said on Tuesday. “For the first five months of 2021, production amounted to 221.9 billion cubic meters of gas, according to preliminary data,” Gazprom said on Telegram, adding: “This is …
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