Gazprom was planning to gradually move its Ukrainian transit quantities to the Turkish Stream and Nord Stream 2 pipelines.
Read More »Russia Constructs Second Gas Pipeline to China
Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.
Read More »Two Thirds of Nord Stream 2 Pipeline has been Completed
The new gas pipeline will double the capacity of the first Nord Stream. the route of which it will basically repeat.
Read More »Saudi Arabia Backs out of Major Russian LNG Project
The Saudi Arabian national oil and gas company Saudi Aramco has decided not to buy a share in Novatek’s Arctic LNG-2 project.
Read More »Russia’s Largest Petrochemical Project Declared Unprofitable
Rosneft has abandoned its plans to invest in the Eastern Petrochemical Complex (EPC) in the Far East.
Read More »Poland Accuses Russia of Inflating Gas Prices
Poland is one of the largest buyers of Russian gas in Eastern and Central Europe.
Read More »Venezuela Is Ready to Supply Oil to Russia
Washington blocked PDVSA'.s assets at $ 7 billion and threatened to block the accounts of oil buyers from Venezuela.
Read More »Novak: Gas Transit through Ukraine is Unprofitable
The agreements on gas transport between Moscow and Kyiv end at the end of 2019.
Read More »Oil Prices Rise on OPEC Output Cuts. as U.S. Sanctions Bite
Growing U.S. supply and a potential economic slowdown this year could cap oil markets.
Read More »Germany Convinced that Nord Stream 2 Project Cannot be Stopped
The construction of the 1.200-km-long Nord Stream 2 has been going for quite some time now.
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