Tag Archives: Gazprom

Russian energy giant Gazprom said Saturday it had asked German group Siemens to return a turbine it has repaired in Canada to ensure the Nord Stream pipeline delivering gas to Europe works. Gazprom started 10 days of maintenance on the Nord Stream 1 pipeline on Monday, with the European Union …

Russia is capable of manufacturing by itself all the equipment necessary for expanding its domestic gasification network, Russian Trade and Industry Minister Denis Manturov said on Friday. “We will be able to provide ourselves all the technological equipment and piping for the gasification of the whole country,” the minister said …

Canadian Prime Minister Justin Trudeau said that the sanctions exception it made to return Russia’s repaired gas turbine was a “very difficult” decision to make, Reuters reported on Wednesday. Canada said over the weekend that it had provided a “time-limited and revocable permit” to return the turbine to Gazprom for …

Russian gas giant Gazprom reduced its daily gas supplies by a third Italian energy giant Eni reported after the Nord Stream 1 pipeline in Germany entered its first day of maintenance. Instead of supplying about 32 million cubic metres (bcm), the Russian company delivered only 21 million cubic metres on …

France plans to renationalize EDF, its giant utility. That doesn’t sound like a big deal because the government already owns 84% of EDF’s outstanding shares. But here is how we read the story. The French government wants to expand nuclear production in France and it also wants EDF to spend …

Russia’s lower house of parliament approved on Tuesday amendments in the country’s tax code that would slap a windfall tax on Gazprom of the equivalent of $20 billion between September and November, which will boost Russia’s tax revenue income. The amendment still needs to be approved by the upper house …

Gazprom could reportedly seek to change the terms of its delivery contracts if countries implemented a price cap on Russian gas. That follows reports which claimed that G7 leaders will start exploring the options around imposing possible price caps on Russian oil and gas imports. It is expected that the …

Germany is in crisis in the immediate aftermath of Russia’s energy giant, Gazprom, effecting a 60 per cent reduction in the amount of natural gas it supplies to the country. This appears to be the latest move by the Kremlin to punish Europe for sanctions and military support for Ukraine. …

The German government said that it remains committed to its goal of phasing out coal as a power source by 2030, despite deepening worries about a cut in Russia’s gas supplies. Russia’s Gazprom announced last week that it was sharply reducing supplies through the Nord Stream 1 pipeline to Germany …

Gazprom’s natural gas flows to Greece will be interrupted from June 21 to June 27, according to information published by from state-run Public Gas Corporation of Greece DEPA. The interruption is due to the annual scheduled maintenance of the TurkStream pipeline, through which Greece is supplied. Gazprom announced on Saturday …