Russia’s Gazprom said today that Siemens Energy was ready to help repair damaged equipment for the Nord Stream 1 gas pipeline, but there was nowhere available to carry out the work, Reuters reports. In a statement, Gazprom said that Siemens Energy is participating in the repair work under an existing contract between the two companies […]
Tag: Gazprom
Gazprom gas flows through Ukraine increased but not enough to overtake Nord Stream 1
Russia’s Gazprom said it would send 42.7 million cubic meters (mcm) of natural gas to Europe via Ukraine on Saturday, hours after it announced that flows through the Nord Stream 1 pipeline to Germany would not resume as planned. Flows through the Sudzha entry point were up slightly from the 41.3 million cubic meters Gazprom […]
Gazprom gas flows through Ukraine increased but not enough to cover Nord Stream 1
Russia’s Gazprom said it would send 42.7 million cubic meters (mcm) of natural gas to Europe via Ukraine on Saturday, hours after it announced that flows through the Nord Stream 1 pipeline to Germany would not resume as planned. Flows through the Sudzha entry point were up slightly from the 41.3 million cubic meters Gazprom […]
Gazprom completely stopped the flow of natural gas in Nord Stream – ‘Discovered’ a technical problem
LAST UPDATE: 21.09 The Russian state energy giant Gazprom announced that the Nord Stream 1 natural gas pipeline, which connects Russia to Germany, cannot restart as planned on Saturday, as a new technical problem was discovered, Bloomberg reported. It is a major blow to Europe, which is trying to fill its natural gas reserves ahead […]
Gazprom is set to begin deliveries of natural gas through Nord Stream on Saturday as scheduled
Russia looks set to resume deliveries of natural gas to Europe via the Nord Stream pipeline tomorrow, Saturday, after a short three-day maintenance, according to data released today by the natural gas pipeline operator. Russian energy giant Gazprom is expected to resume natural gas deliveries through Nord Stream 1 to Germany on Saturday, two sources […]
Russia: We estimate that maintenance work on Nord Stream1 will last three days
Russian Deputy Prime Minister Alexander Novak said today that state energy giant Gazrpom estimates that maintenance work on the Nord Stream 1 gas pipeline will be completed within three days. “These are technical issues. Gazprom said the outage will last three days. We make our assumptions based on this statement,” Novak told reporters when asked […]
Strong rise in Russian stock market as Gazprom promises $20bn dividend
Shares in Russian gas giant Gazprom surged around 30% on Wednesday as the company reported record first-half profit and announced an interim dividend, Reuters reported. On Tuesday, Gazprom said its board recommended a dividend of 51.03 rubles ($0.8505) per common share for the first half of 2022, bringing the total dividend distribution to 1.208 trillion. […]
Strong rise in Russian stock market as Gazprom promises dividend
LAST UPDATE: 11.17 Shares in Russian gas giant Gazprom surged around 30% on Wednesday as the company reported record first-half profit and announced an interim dividend, Reuters reported. On Tuesday, Gazprom said its board recommended a dividend of 51.03 rubles ($0.8505) per common share for the first half of 2022, bringing the total dividend distribution […]
Gazprom immediately cuts gas flows to France
LAST UPDATE: 10.32 French energy company Engie announced today that Russian state-owned Gazprom has informed it of a further and immediate reduction in natural gas deliveries “due to a dispute between the parties on the implementation of contracts”. Russian gas deliveries to Engie had already been significantly reduced following Russia’s invasion of Ukraine, the French […]
Germany is preparing for the nationalization of Gazprom Germania
The German government has created a holding company to take over the eventual nationalization of Gazprom Germania, the Russian energy giant’s subsidiary in Germany, which was practically abandoned in April, according to a report published in today’s Welt am Sonntag newspaper. . Germany’s energy watchdog had assured in April that it would manage the company, […]