Europe’s gas fell for a fourth straight day on Monday as US liquefied natural gas (LNG) supplies eased an extremely “pressed” market, with traders incorporating milder-than-expected forecasts and developments into their estimates. around the Omicron mutation. Gas had reached historic highs of 180 euros per megawatt hour last Tuesday, mainly due to the extremely low […]
Tag: Gazprom
Russian gas still flows east via Yamal-Europe pipeline
The Yamal-Europe pipeline, which typically delivers Russian gas to Western Europe, was sending the gas back to Poland for a seventh consecutive day on Monday, according to data from German network operator Gascade. According to Reuters, the data showed that the flows at the Mallnow measuring point at the German-Polish border were going east to […]
Gazprom: Criticizes the resale of gas from Germany to Poland
Russian giant Gazprom does not consider it “reasonable” to resell gas from Germany to Poland amid rising prices, dismissing allegations that Moscow is deliberately restricting shipments to Europe. “We are seeing a reversal of gas flows from Germany to Poland, as well as to Ukraine, of 3-5 million cubic meters per day,” Gazprom spokesman Sergei […]
Gazprom: Allegations of insufficient gas exports to the EU are unfounded
The accusations against Russia and “Gazprom” that it supplies insufficient quantities of natural gas are unacceptable and unfounded and European countries are creating problems for themselves, said the official representative of the Russian company Sergei Kuprianov. “All these accusations do not correspond to reality, they are simply fraud and lies,” Kuprianov told Russia-1. According to […]
Gazprom: Greece will make the largest purchases of Russian gas in history
The gas exports from the Russian Gazprom to countries outside the Commonwealth of Independent States (CIS), ie beyond the countries that were once Republics of the Union, will be in 2021 the fourth largest in the history of the company. This was announced by the head of the group Alexei Miller in a teleconference before […]
Gazprom has approved $ 23.7 billion in investments for 2022
Gazprom announced that the board approved an investment program of 1,757 trillion. Rubles ($ 23.74 billion) for 2022. The oil and gas company, which is largely owned by the Russian government, said the planned investment funding under the program would total 1.50 billion rubles, lower than standard investments. He also added that its borrowing for […]
Russian gas flows to Germany reversed via Yamal-Europe pipeline
LAST UPDATE: 10.24 The flow of Russian gas to Germany via the Yamal-Europe pipeline changed direction on Tuesday, after it stopped earlier in the day, according to data from the German pipeline network operator Gascade. According to Reuters, the management of flow levels and their direction on the Yamal-Europe pipeline is carried out according to […]
Gas prices in Europe are at an all-time high
LAST UPDATE: 13.30 The flow of Russian gas to Germany via the Yamal-Europe pipeline changed direction on Tuesday, after it stopped earlier in the day, according to data from the German pipeline network operator Gascade. According to Reuters, the management of flow levels and their direction on the Yamal-Europe pipeline is carried out according to […]
DEPA – Sonatrach agreement for a new gas supply contract
By Harry Floudopoulos According to information, the negotiations of the management of DEPA Commerce with the Algerian Sonatrach for the revision of the gas supply contract had a positive outcome. The same information states that last week the relevant agreement was signed with the Algerian company and provides for the extension of the supply contract […]
Skreka-Miller (Gazprom) meeting – Gas imports from Russia reach record levels
A working meeting between Energy Minister K. Skrekas and Gazprom President Alexei Miller took place today in St. Petersburg, the seat of the Russian energy giant. The two sides analyzed the situation and the prospects of cooperation in the energy sector, especially with regard to the supply of Russian gas. It was pointed out that […]
