Russian gas continues to be supplied to a large number of European countries, including the ones which formally refused it, Gazprom CEO Alexei Miller said in an interview with journalist Pavel Zarubin for the Moscow. Kremlin. Putin program on the Rossiya-1 (VGTRK) television channel. “Molecules in the main gas pipeline …
Read More »Turkmenistan to Keep Gas Exports to Russia at 5 bcm in 2023
Turkmenistan expects to export about 5 billion cubic meters of gas to Russia in 2023, as specified in the previously signed contract with Gazprom , the deputy CEO of state gas company Turkmengaz, Murat Archayev said. “The Turkmen side, within the framework of its obligations under the contract, fulfills them …
Read More »European Gas Prices again Top $400; Gazprom Requests 41.6 mcm Transit via Ukraine
The spot price for gas in Europe has again risen above $400 per thousand cubic meters after falling below that level at the end of last week. It had soared towards $500 before falling back to $355 amid concerns regarding a labor dispute and possible industrial action at LNG plants …
Read More »Russia’s Gazprom Requests 40.2 mcm Gas Transit via Ukraine
Gas Transport System Operator of Ukraine, or GTSOU, has accepted a nomination from Russia’s Gazprom today to transport 40.2 million cubic meters of gas through the country, up from 40 mcm on Sunday, data from GTSOU show. Capacity was requested only through one of two entry points into Ukraine’s Gas …
Read More »Saudi Arabia, UAE Boost Russian Oil Product Purchases for Re-Export
Saudi Arabia and the United Arab Emirates have increased purchases of Russian oil products, Russia’s trade representatives to these countries said at the National Oil and Gas Forum. Russia significantly increased exports of oil products, primarily diesel and fuel oil, to Saudi Arabia in 2022, the trade representative to the …
Read More »Gazprom’s Nomination for Gas Transit via Ukraine Steady at around 40 mcm
The European market is fairly balanced, with prices and renewable energy generation fairly stable. The only downside is the low level of gas injection into underground storage facilities, but the season for this has only just begun. UKRAINIAN TRANSIT Gas Transport System Operator of Ukraine, or GTSOU, has accepted a …
Read More »Russia can Ensure Smooth Energy Supplies to China
Russia can ensure a steady supply of energy resources to China that it needs, Russian President Vladimir Putin said. “China and Russia complement one another, I am talking about the high pace of development of the Chinese economy and the demand for energy resources. China needs these shipments to be …
Read More »SOCAR Increases Investment in Turkish Petkim Petrochemical Complex Fourfold in 2022 to $215 mln
Investments in the development of the Turkish petrochemical complex Petkim Petrokimya Holding in 2022 reached 4.108 billion Turkish lira, or $214.6 million, the holding said. SOCAR Turkey Enerji, the Turkish subsidiary of the State Oil Company of Azerbaijan, SOCAR, is the owner of a 51% controlling stake in the Petkim …
Read More »Kremlin: Gas Hub will be Set up in Turkey, but Recent Quake may Postpone this Project
The recent powerful earthquake in Turkey may postpone the establishment of a gas hub in the country, but this project will be implemented nonetheless, the Kremlin said. “Of course, it [the gas hub project] cannot be a priority for Turkey right now. We treat it with understanding. Consequently, there may …
Read More »EU Gas Supplies to Ukraine Fall 28.3% in 2022
Natural gas deliveries to Ukraine from European Union countries fell 28.3% to 1.836 billion cubic meters in 2022 from 2.562 bcm in 2021, Ukrainian media reported, citing data published by Ukraine’s Gas Transmission System Operator (GTSOU). This included 735.9 mcm delivered to underground storage facilities at the “customs warehouse” in …
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