A Russian Foreign Ministry spokeswoman said on Thursday that a decision by Poland to impose a hefty fine on Gazprom for its part in the Nord Stream 2 gas pipeline project was taken to please Washington, Interfax news agency reported. Poland on Wednesday fined the Russian gas giant more than …
Read More »Russia’s Gazprom Eyes Global Helium Market
After the Amur Gas Processing Plant (GPP) in the east of Russia, which is 66% complete, reaches its full capacity, Gazprom will a major player in the international helium market, Russian gas monopoly Gazprom Chairman Alexey Miller said on September 23. At the GPP, the multi-component gas extracted from the …
Read More »Gazprom Resumes Pumping Gas Through Power of Siberia after Preventive Maintenance
Pumping gas through the Power of Siberia pipeline, which supplies gas to Russian consumers in the Far East and China, resumed on Tuesday after scheduled maintenance work, Gazprom said. “Scheduled maintenance work on the Power of Siberia gas pipeline has been completed. Gas transportation, as planned, has been resumed today …
Read More »Putin to Instruct Government to Appoint Gazprom as Single Gas Program Operator
Russian President Vladimir Putin announced that he would instruct the government to deliver on the idea of appointing Gazprom as the single operator of gas supply and gasification programs, he said on Wednesday at a meeting with the head of Gazprom, Alexei Miller. Miller said that the government is currently …
Read More »Gazprom Supplies 2.3 bln Cubic Meters of Gas to China in January-August
Gazprom supplied 2.3 bln cubic meters of gas to China via the Power of Siberia gas pipeline in January-August period of 2020, Director General of Gazprom Transgaz Tomsk Vladislav Borodin told a corporate magazine. “Gazprom Transgaz Tomsk transported over 15 bln cubic meters of gas in eight months of this …
Read More »Merkel Faces Pressure to Drop Russian Pipeline to Punish Putin
Chancellor Angela Merkel is under pressure from within her own party to drop support for a controversial gas pipeline with Russia after links point to the Kremlin in the poisoning of Russian opposition leader Alexey Navalny. Norbert Roettgen, head of the German parliament’s foreign affairs committee and a candidate to …
Read More »Gazprom to Pay 50 Million Euros Fine to Poland
The Polish antitrust regulator announced that they are fining Gazprom for refusing to cooperate in a case related to the construction of Nord Stream 2. The fine amounts to 50 million euros and is the largest possible, explained the Polish side. The investigation is related to the financing of the …
Read More »US Sanctions against Nord Stream 2 Challenge Attractiveness of Investing in EU
US sanctions against Nord Stream 2 challenge the attractiveness of investing in Europe, Chairman of Executive Board of Austria’s OMV, one of Gazprom’s financial partners on the project, Rainer Seele said during a conference call on Wednesday. “In any case, as a European company, we expect politicians to ensure Europe’s …
Read More »Turkey is Looking to Reduce Reliance on Russian Gas
Turkey is looking to reduce further its reliance on Russian gas, and for the first time in almost two decades, Turkey may not receive gas at all from Russian gas giant Gazprom for at least two weeks. According to Turkish state-owned Botas, cited by Interfax, the Turkish Stream pipeline will …
Read More »Russia Aims for 15% of Global LNG Market by 2025
Ongoing development of new liquefied natural gas (LNG) projects in Russia will allow it to seize a 15-percent share of the global LNG market, Russian Energy Minister Alexander Novak wrote in an article in the Russian magazine Energy Policy. Since Russia began LNG exports in 2009 with the Sakhalin-2 project, …
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