Tag Archives: Gazprom

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 …

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Gazprom Resumes Oil Production in Libya

The Russian majority state-owned multinational energy corporation Gazprom has resumed oil production in Libya following a ten-month hiatus. The ports, export terminals and production facilities in Libya have gradually restarted operations, according to a report by the Russian news agency Tass. The managing director of Gazprom’s subsidiary Gazprom EP International, …

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US Becomes Main LNG Supplier to European Market in Q1 of 2021

The United States became the first largest supplier of liquefied natural gas (LNG) to the European market in the first quarter of 2021, overtaking Qatar, according to the latest report by Russia’s energy giant Gazprom published on Monday. “Thanks to a significant increase in associated gas production and the construction …

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Gazprom to Continue Hydrogen Energy Development

Russian gas company Gazprom plans to grow its hydrogen production and use and is considering several areas for utilising hydrogen as an energy source. At the moment, Gazprom produces over 350,000 tonness of hydrogen by various technologies at its facilities, which is then used to derive different products from it. …

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