Tag Archives: Gazprom

Iraq temporarily stopped work on an oil field on Sunday and supply from a second production site is at risk as widespread unrest escalates in one of OPEC’s biggest producers.

Austrian Foreign Minister Alexander Schallenberg lashed out at the US over its push for sanctions to be slapped on the Nord Stream 2 gas pipeline project.

A major Russian gas pipeline to Europe would be delayed due to US sanctions on the project. a slight setback to a German-Russian venture that has emerged as a major flashpoint in both countries’ relations with Washington.

Russian gas producer Gazprom started shipping about 3 billion cubic metres (bcm) of gas to Bulgaria via TurkStream on January 1.

TurkStream is a projected 570-mile twin pipeline to run from Russia through the Black Sea to Turkey.

Moscow and Kiev have signed a five-year contract on the Russian natural gas transit to Europe via the territory of Ukraine. Ukrainian President Vladimir Zelensky said.

The Russian Energy Minister expects the EU to remain the primary buyer. with an estimated 325 bcm going towards Europe.

Nord Stream 2 is the latest project in Putin’s plan for energy and geopolitical dominance in the world.

The US has been vigorously opposing the Nord Stream 2 pipeline.

Russia has criticized US sanctions.