Gas transit via the Yamal-Europe pipeline from Russia through Belarus and Poland to Germany has been brought down to zero on Tuesday. According to the results of the previous auction, the Polish section of the pipe was booked only by 3.7% on Tuesday. This is according to the data of …
Read More »Russia Overtakes Saudi Arabia to Become China’s Top Crude Supplier in April
China’s crude oil imports from Russia rose 17.7% year on year to 7.2 million mt or 1.76 million b/d in April, resulting in Russia overtaking Saudi Arabia to become the country’s top supplier in the month, latest data from China’s General Administration of Customs showed. Crude imports from Norway jumped …
Read More »JCPOA Opponents Aim to Undermine Tehran-IAEA Ties
Permanent Representative of Russia to International Organizations in Vienna Mikhail Ulyanov in a message said Iran nuclear deal is aimed at restoring confidence, adding that its opponents’ objective is to undermine relations between Iran and the International Atomic Energy Agency (IAEA). “The purpose of JCPOA is to restore confidence in …
Read More »Russia Loses Its Chance to Capture the EU Gas Market
While the whole world was shocked by negative West Texas Intermediate (WTI) oil prices due to the shortage of demand during the Covid-19 lockdown, the gas market hasn’t seen any dramatic changes. According to Rystad Energy, gas use for industrial consumption is set to decline five per cent, for commercial …
Read More »Russian Oil Output Dips toward OPEC+ Quota Limit
Russia’s oil and gas condensate production fell to 9.42 million barrels per day (bpd) during May 1 to 19 as a global deal on reducing output took effect, two sources familiar with the data told Reuters. The deal on curbing crude output reached between the Organization of Petroleum Exporting Countries, …
Read More »Russia’s Yamal LNG Sends Early Shipment via Arctic Route
Russia’s biggest liquefied natural gas producer is sending the fuel across the Arctic to China more than a month earlier than usual as the ice that typically blocks the route thaws. The Christophe de Margerie, an ice-class vessel serving Novatek PJSC’s-led Yamal LNG project, departed from the production plant in …
Read More »Gazprom Considers Second Gas Pipeline to China
Russia’s Gazprom said Monday it was launching feasibility studies on constructing a second gas pipeline to China that would more than double the volumes it could deliver to the energy-hungry nation. “The objective is to connect the gas transportation infrastructure in the west and the east of Russia,” Gazprom chief …
Read More »Germany Denies Nord Stream 2 Pipeline Waiver of EU Rules
Germany’s energy regulator on Friday (15 May) declined to grant a waiver of European Union gas directives to the operators of the Nord Stream 2 pipeline, dealing a fresh blow to the project to carry gas from Russia to Germany under the Baltic Sea. Nord Stream 2, designed by Russia’s …
Read More »Russia Considers Major Investment in Iraqi Gas Field
The Russian Ambassador to Iraq, Maxim Maksimov said that Russia is seeking to invest heavily in Al-Mansouriya gas field, in the Diyala governorate. Maksimov said in a press statement yesterday that “Russian companies are willing to mobilise significant funds and have submitted an investment tender for Al-Mansouriya gas field in …
Read More »Russian Nord Stream Pipeline Vessel Docked at Construction Site
Satellite photos show the ship that is a prime candidate to finish the controversial Nord Stream 2 gas pipeline linking Russia and Europe has docked at a key port in Germany. The Akademik Cherskiy has moved into the port of Mukran, about 300 kilometers (186 miles) north of Berlin, where …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel