Russian President Vladimir Putin announced that he would instruct the government to deliver on the idea of appointing Gazprom as the single operator of gas supply and gasification programs, he said on Wednesday at a meeting with the head of Gazprom, Alexei Miller. Miller said that the government is currently …
Read More »Gazprom Supplies 2.3 bln Cubic Meters of Gas to China in January-August
Gazprom supplied 2.3 bln cubic meters of gas to China via the Power of Siberia gas pipeline in January-August period of 2020, Director General of Gazprom Transgaz Tomsk Vladislav Borodin told a corporate magazine. “Gazprom Transgaz Tomsk transported over 15 bln cubic meters of gas in eight months of this …
Read More »Russia Fully Performed OPEC+ Oil Production Limiting Deal in July
The average daily oil and gas condensate production in Russia from July 1 to 29 was at the level of 1.281 mln tonnes, according to the data released by the Central Dispatching Department of Fuel Energy Complex (CDU TEK) on Monday. This is 0.7% above the average daily oil production …
Read More »US Sanctions against Nord Stream 2 Challenge Attractiveness of Investing in EU
US sanctions against Nord Stream 2 challenge the attractiveness of investing in Europe, Chairman of Executive Board of Austria’s OMV, one of Gazprom’s financial partners on the project, Rainer Seele said during a conference call on Wednesday. “In any case, as a European company, we expect politicians to ensure Europe’s …
Read More »US Sanctions against Nord Stream 2 Contradict International Law
The European Union firmly opposes unilateral sanctions and threats of sanctions by the United States, as they affect the interests of European companies, including Nord Stream 2 and Turkstream gas pipelines. Such measures go against the international law, EU High Representative for Foreign Affairs and Security Policy Josep Borrell said …
Read More »Oil Price of $40-43 per Barrel more or Less Balanced
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after the weakening of the OPEC+ production restrictions, Energy Minister Alexander Novak told reporters. “No, we do not expect it, because the market is already conscious …
Read More »Nord Stream 2 AG to Substantiate Appeal against German Regulator by September 15
Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline project, should substantiate its appeal against the decision of the German Federal Network Agency [Bundesnetzagentur] not to exempt the Nord Stream 2 project from requirements of the revised EU gas directive, a spokesperson of the Higher Regional …
Read More »Nord Stream 2 may Contribute to Europe’s Energy Security
Russia hopes that the Nord Stream 2 gas pipeline will be finalized and it will help step up energy security in Europe in the future, Kremlin Spokesman Dmitry Peskov said in a televised interview on Russia’s Channel One on Saturday. “Unconditionally, we are hoping that the project will be finalized …
Read More »Gas Transit from Russia to Europe via Poland Stopped
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 »European Commission not Involved in German Regulator’s Decision on Nord Stream 2
The Federal Network Agency of Germany refused Nord Stream 2 AG in withdrawing the Nord Stream 2 project from the rules of the updated EU Gas Directive, the regulator said earlier on Friday BRUSSELS, May 15. /TASS/. The European Commission was not involved in the decision taken by the German …
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