Switzerland must diversify its energy supply and accelerate the expansion of renewables in order to cut the share of fossil fuels and reduce its reliance on Russian gas imports, the country’s renewable energy association Aee Suisse said on Tuesday. The association has offered seven measures worth about CHF 860 million …
Read More »Russian Gas Flow to Europe on Rise despite War
Russia’s natural gas flow to Europe is on the rise despite Russian attacks on Ukraine, according to data compiled by Anadolu Agency on Wednesday. Gas exports of Russian energy giant Gazprom to the EU via Ukraine stood at 109 million cubic meters per day on Dec. 1 last year but …
Read More »Study Says EU could Survive without Russian Gas next Winter
The European Union is capable of going through next winter without imports of Russian natural gas while avoiding serious damage to its economy, according to a new report by Belgium-based think tank Bruegel. The 27-nation bloc would need to curtail its demand by at least 10%-15% should Russia halt imports …
Read More »Italy’s Eni to Pull out of Russia-Turkey Pipeline
Italian oil giant Eni said Tuesday it would withdraw from the Blue Stream gas pipeline linking Russia to Turkey, in which it has a 50 percent stake. “Eni intends to sell its stake” in Blue Stream, a company spokesman said, following moves by rivals BP and Shell to divest from …
Read More »Russian Invasion Affects Ukraine’s Largest State Oil and Gas Firm
Ukraine’s largest state-owned oil and gas company has announced it had stopped the work in some of its production facilities after Russian troops invaded Ukraine. As of Friday 4pm, Naftogaz said one gas storage facility in the Chernihiv region, north-central Ukraine, temporarily suspended gas extraction due to reports of hostilities …
Read More »Russian Gas Transit via Ukraine Remains Stable despite Reported Pipe Blast
Ukraine’s transmission system operator GTSOU said on February 27 that it could not confirm there had been an accident at its transmission infrastructure in the east Kharkiv city, despite the Ukrainian government reporting earlier that day that Russian troops had blown up a pipeline there. Ukraine’s state service of special …
Read More »Putin Puts Russia’s Nuclear Force on High Alert as War Intensifies
Russian President Vladimir Putin has ordered his defence troops to put nuclear weapons on high alert as he claims the US and her allies are advancing in an ‘unfriendly’ way. This is according to a New York Times Monday briefing. His remarks come after Ukrainian President Volodymyr Zelensky announced that …
Read More »Russia’s Gazprom Continues Transit of Gas via Ukraine in Regular Mode
Russia’s Gazprom continues to supply gas for transit through Ukraine in the regular mode and following consumers’ demands amounting to 107.5 million cubic meters as of Sunday, the company said. “Gazprom supplies Russian gas for transit through the territory of Ukraine in the regular mode, in accordance with the applications …
Read More »German Officials Reevaluate SWIFT Ban for Russia; Energy Impact Uncertain
German officials said Feb. 26 they were looking for a “targeted and functional” way to ban Russia from the international financial payment system SWIFT, but it remains unclear what impact such a move could have on oil and gas flows. Any actions by the US or EU to cut Russia …
Read More »Japan and EU Arrange Additional LNG Supplies to Europe over Ukraine
Japan is discussing with the European Union about coordinating further diversion of part of its liquefied natural gas imports to Europe, government sources said Saturday, as the region faces the threat of Russia restricting its gas exports. The Japanese government will likely provide additional LNG supplies from April as long …
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