Gazprom Kyrgyzstan has invested 30 billion soms in the restoration and modernization of the country’s gas industry for eight years. Deputy General Director of the company for Economy and Finance, Arzymat Aldayarov, announced at a press conference organized by 24.kg news agency. He recalled that in the past eight years, …
Read More »Gazprom Reduces Gas Pumping to the EU through Ukraine
Today, on January 6, the gas pumping by Gazprom to the European Union countries through Sudzha gas metering station (GMS) on the Russian-Ukrainian border will amount to 35.5 million cubic meters. Thus, in less than a week, the export figure has decreased by approximately 7.8 million cubic meters, Kommersant writes. …
Read More »Gazprom Eyes Fast-Growing Chinese Market as its Exports Plunge by 50%
Gazprom’s natural gas exports this year have fallen by close to 50 percent to 100.9 billion cubic meters outside the former Soviet Union, Bloomberg reported this week, citing a statement by the giant’s chief executive Alexander Miller. This is the lowest since 2000, the report noted. The drop was the …
Read More »Nord Stream 2 Construction Company Avoids Bankruptcy for a Third Time
The company responsible for the construction of the Nord Stream 2 pipeline received a six-month stay of bankruptcy, shielding it from creditors, the AP reported, noting the stay will last from January 2023 to June the same year. The gas pipeline, which doubled the capacity of its twin pipeline Nord …
Read More »Gazprom Warns of Possible Halt in Natural Gas via Ukraine
A backlog has accumulated for Russian gas shipments via Ukraine destined for Moldova, and if it persists, shipments will be reduced beginning Nov. 28, according to Russian energy company Gazprom on Monday. Gazprom said the quantity of gas delivered to the Sudzha transit point in Russia for Moldova “is higher …
Read More »Sweden: Nord Stream Explosions were Result of “Gross Sabotage”
Traces of explosives were found near the sites of the explosions at the Nord Stream 1 and Nord Stream 2 gas pipelines in the Baltic Sea, Sweden said on Friday, noting that the incident is “gross sabotage.” Gas leaks in each of the Nord Stream 1 and 2 pipelines were …
Read More »Gazprom could Supply up to 1 bcm of Gas to Azerbaijan this Winter
Gazprom could supply up to one billion cubic meters of gas to Azerbaijan this winter, the Russian state-owned company said in a statement. “Deliveries of Russian gas to Azerbaijan began on November 15 as per the new gas sale-and purchase-agreement. Gazprom Export LLC and the State Oil Company of the …
Read More »Poland Seizes Russia’s Gazprom Assets
Minister of Development and Technology Waldemar Buda has acted on advice of the Internal Security Agency (ABW) to take over the shares owned by Gazprom in the EuRoPol Gaz company. EuRoPol is the owner of the Polish part of the Yamal-Europe gas pipe network. Up until now, Gazprom owned 48 …
Read More »European Commission Approves Nationalization of Russian Gazprom’s German Subsidiary
The European Commission has approved the nationalization of Gazprom Germania, a German subsidiary of Russia’s Gazprom. The regulator in Brussels on Saturday approved a 225.6 million euro subsidy for it. This will enable the German government to take full control of the company, which is now called Security Energy for …
Read More »Gazprom: Creating Gas Hub will Benefit Russia, Turkey, Europe and Azerbaijan
Creating a gas hub would be beneficial for all the parties: Russia, Turkey, Europe and Azerbaijan, Head of the Board of Directors of Gazprom Viktor Zubkov told the press behind the scenes of Eurasian Economic Forum in Baku, RIA Novosti reported. “Everybody benefits from it – Russia, Turkey, Azerbaijan, Europe, …
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