Tag Archives: Gazprom

Russia’s Challenge with OPEC

Russian oil producers are confronting their greatest challenge in decades as they try to fend off a historic price slump without permanently damaging their fields. To save the market from collapse caused by the coronavirus, Moscow and its OPEC allies agreed to cut crude output deeper than ever before. Their …

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Nord Stream 2 to Fall under EU’s Gas Directive

Nord Stream 2, the underwater gas pipeline meant to connect Germany and Russia via the Baltic Sea, has received another blow as the German Federal Network Agency has rejected Nord Stream’s request for the project to be exempted from the EU’s Gas Directive, according to media reports. Nord Stream 2 …

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Major Investment Projects Continue for Gazprom

The Gazprom Management Committee has taken note of information about the status of the Company’s major investment projects. Within the Eastern Gas Program, Gazprom continues to ramp up its production and gas transmission capacities. At the Chayandinskoye field in Yakutia, the Company is setting up the facilities required to bring …

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