Russia has offered Pakistan liquefied natural gas (LNG) supplies, Foreign Minister Sergey Lavov has revealed, as the South Asian nation is facing more gas shortages in the near future. The two countries discussed deepening bilateral ties, including in energy and trade, earlier this week when Lavrov met his Pakistani counterpart, …
Read More »Biden Looks to Appoint Special Envoy to Kill Russia-Germany Energy Pipeline
The White House is in talks to appoint a special envoy to lead negotiations on halting the construction of Russia-to-Germany gas pipeline Nord Stream 2, current and former U.S. officials said, as the Biden administration grapples with how to stymie a nearly completed energy project that would serve as a …
Read More »Russia Slashes 2021-2022 Oil Production Forecasts
Russia is slashing its estimates for domestic crude oil, gas, and coal production for 2021 and 2022, according to the latest amendments in the government’s program for energy development. As per the latest forecasts from the Russian government, oil production this year is set to stand at 517 million tons, …
Read More »Russian Oil Output up Amid Generous OPEC+ Quota
Russia last month increased its oil production amid a more generous OPEC+ quota, even as increasing COVID-19 cases threaten oil demand in the short term. The nation pumped 43.34 million tons (39.3 million metric tonnes) of crude and condensate last month, according to preliminary data from the Russian Energy Ministry’s …
Read More »Russian Pipelayer Headed for Danish Waters to Join Nord Stream 2 Operation
A second Russian pipelaying vessel is now headed for Danish waters to join the operation to lay the almost-complete Nord Stream 2 gas pipeline from Russia to Germany, the pipeline development company said March 31. The Adakemik Cherskiy — which has dynamic positioning capabilities allowing for accelerated pipelaying — will …
Read More »Russia Aims to Raise Production, Backs OPEC+ Cut Rollover
Russia, the leader of the non-OPEC group in OPEC+, favors a rollover of the alliance’s oil production cuts while seeking a slight increase for itself to meet higher seasonal demand, a source with knowledge of Moscow’s plans told Reuters on Monday. Russia has sought and obtained small increases for its …
Read More »Nord Stream 2 Becoming Divisive Issue ‘Unfortunate’
The United States just wants its allies to understand its position on Nord Stream 2 pipeline, which is set to carry gas from Russia to Europe, and it’s “unfortunate” that the project became a contentious point, US Secretary of State Antony Blinken told CNN. Washington has repeatedly shown its displeasure …
Read More »Russia Joins Global Hydrogen Race with Planned Exports to Asia
Russian energy giant Gazprom is planning to start hydrogen exports to China, South Korea and Japan, the company’s First Deputy Oleg Aksyutin wrote in his column in the latest issue of business and science magazine Energy Policy. According to the senior manager, the shipments of hydrogen could be supplied to …
Read More »Novatek Hits 50 mt Milestone at Yamal LNG
Novatek, Russia’s largest independent natural gas producer, has hit a new milestone at its Yamal LNG project. The company said on Friday it has shipped 50 million tons of LNG since it started operations. The milestone cargo was loaded on the Arc7 ice-class tanker Nikolay Zubov and represented the 685th …
Read More »Russian Energy Ministry Suggests Starting Hydrogen Sector Development from Review
The initial focus should be on hydrogen production technologies “satisfactory for all the consumers in respect of the environmental aspect” and on hydrogen production cost, Deputy Energy Minister Pavel Sorokin said MOSCOW, March 24. /TASS/. There is a need to review all the effective projects in the domestic hydrogen energy …
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