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 …
Read More »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, …
Read More »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 …
Read More »Russian Energy Major Gazprom Significantly Boosts Natural Gas Exports
Gazprom’s gas exports to non-CIS (Commonwealth of Independent States) countries grew by 28.3% in the first four months of 2021 year-on-year, to 68.4 billion cubic meters, the company said. “To compare, the increase exceeds the volume of gas that we supplied to a large consumer such as Austria for the …
Read More »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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