Russian Foreign Minister Sergey Lavrov said he supported Norwegian Prime Minister Jonas Gahr Store’s criticism of the European Commission’s call to prohibit the development of new oil and gas fields in the Arctic region. “I agree with the opinion, expressed by Norwegian Prime Minister Store, who has already expressed his …
Read More »Russian Gas Complies with European Climatic Requirements
Russian natural gas supplied to Europe has the minimal carbon footprint and meets all EU climatic requirements, Deputy CEO of the Russian gas holding Elena Burmistrova said in an interview with the Gazprom’s corporate magazine. The European Union has recently announced plans to introduce the carbon duty in 2026 at …
Read More »Russia to Set New Domestic Gas Consumption Record in 2021
Russia will set a new record in terms of domestic gas consumption in 2021, Deputy Prime Minister Alexander Novak said in an interview aired by Sergey Brilev’s news show on Rossiya-1 on Saturday. “Russia is also demonstrating record gas consumption results, domestically, which is particularly related to an active economic …
Read More »First String of Nord Stream 2 almost Filled with Gas
Filling of the first string of the Nord Stream 2 gas pipeline with gas will not take a lot of time and it has been almost completely filled already, Chairman of the Energy Committee of the State Duma, the lower house of the Russian parliament, Pavel Zavalny told TASS on …
Read More »Oil Consumption to Reach Its Peak after 2025
The global demand for oil will eventually start to decline in the long-term perspective under any scenario of de-carbonization of national economies, the International Energy Agency (IEA) said in its World Energy Outlook 2021, obtained by TASS. The report offers three basic scenarios for the global energy sector, with various …
Read More »Gas Price in Europe Surpasses $1,100 per 1,000 Cubic Meters
The gas price in Europe surpassed $1,100 per 1,000 cubic meters during Monday trading after diving below $1,000 as trading opened, according to data provided by London’s ICE exchange. The price of gas futures for November delivery at the TTF hub in the Netherlands currently stands at $1,123 per 1,000 …
Read More »Kremlin won’t Prejudge any Outcome of Coming OPEC+ Ministerial Meeting
The Kremlin won’t prejudge any outome of the coming regular video conference of the OPEC+ ministers, Kremlin spokesman Dmitry Peskov told reported on Monday. “Traditionally we would not like to prejudge any outcome of such a meeting,” he said responding to a relevant question. When asked if the Russian President …
Read More »World Is Unacceptably Close to Nuclear Annihilation
The mankind is too close to nuclear annihilation, UN Secretary-General Antonio Guterres tweeted on Sunday. “Nearly 14,000 nuclear weapons are stockpiled around the world. Humanity remains unacceptably close to nuclear annihilation,” Guterres said. “Now is the time to lift the cloud of nuclear conflict for good, eliminate nuclear weapons from …
Read More »Russia to Increase Share of Low-Carbon Energy Sources to 90% by 2035
Low-carbon energy sources will account for 90% of all energy sources in Russia by 2035, Deputy Prime Minister Alexander Novak said speaking at a high-level dialogue meeting on energy held as part of the UN General Assembly. “Thanks to the state support, the share of renewable energy sources in the …
Read More »US Supplies of LNG to Europe have not been Stable for Two Years
The hopes of European countries that LNG supplies from the United States will be stable, have not been fulfilled for second consecutive year due to an attractive price on the Asian market for the American LNG, the department head of Gazprom Export, the export arm of Russia’s top gas producer …
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