The supply of Russian natural gas to Greece remains normal, Greek government spokesman Ioannis Oikonomou told a briefing on Monday, adding that the suspension of deliveries via the Nord Stream gas pipeline due to scheduled maintenance had no effect whatsoever. Asked whether natural gas supply to Greece is sufficient in …
Read More »Russia’s Share of India’s June Oil Imports Surges to Record
India’s oil imports from Russia surged to a record of around 950,000 barrels per day (bpd) in June, accounting for nearly a fifth of overall imports by the world’s third largest oil consumer, data provided by trade sources showed. Indian refiners have been snapping up Russian oil sold at hefty …
Read More »Europe Frets over Reduced Russia Gas Supplies
Russian gaz giant Gazprom begins 10 days of routine maintenance on its Nord Stream 1 pipeline on Monday — with Germany and other European countries watching anxiously to see if the gas comes back on. The annual work on the two pipelines was scheduled long in advance. The fear is …
Read More »France Preparing for Russia Natural Gas Cutoff
French Economy and Finance Minister Bruno Le Maire on Sunday warned there is a strong chance that Moscow will totally halt natural gas supplies to Europe, Politico reported. “Let’s prepare for a total cut-off of Russian gas; Today that is the most likely option,” Le Maire told the Rencontres Economiques, …
Read More »Russian Gas Transit via Ukraine to Reach 40 mln Cubic Meters on July 9
Russian gas transit through Ukrainian territory may total around 40 mln cubic meters on Saturday, according to data released on the website of the Gas Transmission System Operator of Ukraine (GTSOU). Nominations for transit of Russian gas for July 9 via the gas distribution station Sokhranovka are absent, whereas nominations …
Read More »Putin: Europe Attempts to Substitute Russian Energy Resources
European countries are attempting to substitute Russian energy resources, but it will lead to price growth, Russian President Vladimir Putin said on Friday at the Cabinet meeting. “Europeans are attempting to substitute Russian energy resources, but the outcome of such actions is expectable – this is the gas price increase …
Read More »EU Chief Says Bloc must Prepare for Complete Cut-Off of Russian Gas
European Commission chief Ursula von der Leyen has said the European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas in the wake of the Kremlin’s war in Ukraine. The EU has already imposed sanctions on Russia, including on some energy supplies, and is …
Read More »Russia to Hit Gazprom with $20 Billion Windfall Tax
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 …
Read More »EU Plans Hydrogen Deal with Namibia as It Pulls away from Russian Energy
The European Union (EU) is planning a deal with Namibia to support the country’s nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less …
Read More »USA Sending more Gas to Europe than Russia
For the first time, the US is supplying more natural gas to Europe than Russia sends by pipelines, according to the International Energy Agency. Europe is seeking alternatives such as US liquefied natural gas to Russian supplies after Gazprom PJSC slashed shipments through Nord Stream, its biggest pipeline to Europe, …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel