Tag Archives: Russia

Russia to Set New Domestic Gas Consumption Record in 2021

Russia will set a new record in terms of domestic gas consumption in 2021, Deputy Prime Minister Alexander Novak said in an interview aired by Sergey Brilev’s news show on Rossiya-1 on Saturday. “Russia is also demonstrating record gas consumption results, domestically, which is particularly related to an active economic …

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Gazprom may Boost Production Capacity for Long-Term Gas Deals

Russia’s gas giant Gazprom could increase production capacity if it sees higher demand for volumes under long-term supply contracts from Europe, Russian Deputy Prime Minister Alexander Novak said on Friday. Speaking about Gazprom’s production facilities and deliveries to Europe in September, Novak told Russian news outlet Business FM that production …

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Russia’s Gazprom to Launch Gas-Based Hydrogen Project

Russian gas giant, Gazprom, said it signed an agreement with Russian “of intent on hydrogen energy” aimed at technologies for hydrogen production with natural gas processing. “Alexander Novak, Deputy Prime Minister of the Russian Federation, and Oleg Aksyutin, Deputy Chairman of the Management Committee – Head of Department at Gazprom, …

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WoodMac: Only Russian Gas Can Save Europe in Cold Winter

Europe may face gas shortages this winter if the cold weather depletes storage levels to zero, leaving the region entirely dependent on additional flows from Russia, according to consultant Wood Mackenzie Ltd. If Europe and Asia experience cold winters, there won’t be enough gas to meet demand unless extra volumes …

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