Germany’s natural gas storages are now more than 80% full, making steady progress despite a sharp drop in deliveries from Russia amid the war in Ukraine, according to marketwatch.com. Natural gas storage in Europe’s biggest economy has reached 80.14% of capacity, according to data released on Tuesday. The head of Germany’s grid regulator, Klaus Mueller, […]
Tag: Gazprom
Bulgaria: Talks with Gazprom to restore gas flows are inevitable
Bulgaria should open a round of talks with Russian state energy giant Gazprom to resume natural gas flows that have been cut since April, the Balkan country’s acting energy minister said on Monday, after the government pledged to secure the necessary quantities ahead of winter, as reported by the Reuters agency. Rosen Hristov did not […]
Ukraine is offering pipelines as a replacement for Gazprom’s impending shutdown
From August 31, natural gas will once again stop flowing through the Nord Stream 1 pipeline, supposedly due to maintenance work, Russian state-owned company Gazprom announced, Welt reports. Due to the imminent interruption of the supply of Russian natural gas through the Baltic Sea, Ukraine is offering its pipelines as a substitute. “The capabilities of […]
Gazprom: Nord Stream 1 will be closed for three days at the end of August ‘due to maintenance’
LAST UPDATE: 19.44 The Nord Stream 1 pipeline, which carries natural gas from Russia to Europe, will be shut down from August 31 to September 2 for maintenance work, Russian energy giant Gazprom announced on Friday, according to Russian news agency Ria Novosti. After the maintenance work is completed, flows of 33 million cubic meters […]
Gazprom warns of natural gas close to 400 euros per megawatt hour
Russian state-owned Gazprom said today that winter gas prices could jump by as much as 60% to 400 euros a megawatt hour as its exports and production continue to fall due to what it says are Western sanctions. “European natural gas prices have reached $2,500 per 1,000 cubic meters (€240/MWh). According to conservative estimates, if […]
Russia increased natural gas flows to Hungary
Russia’s Gazprom has increased flows to Hungary through the Turkstream pipeline that carries natural gas to Hungary via Serbia, a Hungarian foreign ministry official said today, Reuters reported. Hungary is maintaining “realistic relations” with Moscow after Russia’s invasion of Ukraine, raising tensions with some European Union allies keen to take a harder line. Hungary, which […]
Putin and Erdogan need each other
Amid Russia’s invasion of Ukraine and rising tensions between Armenia and Azerbaijan, the energy interests of Moscow and Ankara appear to take precedence over the two nations’ fundamentally different geopolitical goals in places like Syria, the Black Sea region and the South Caucasus. However, despite being on opposite sides in various conflicts around the world, […]
Gazprom: Nord Stream 1 is currently operating with 1 out of 6 turbines
The Nord Stream 1 natural gas pipeline is currently operating with only one turbine instead of six, Gazprom said today, Reuters reports. He reiterated that Western sanctions are preventing one of the turbines from being delivered back from Germany after it was under maintenance in Canada and said some other turbines also needed repairs. Kremlin […]
Gazprom: ‘Impossible’ to receive the Nord Stream turbine due to sanctions
The standoff over the delivery of the Nord Stream gas pipeline turbine continues unabated, as just hours after Solz said the component was ready with the necessary documents to return to Russia, Gazprom argued that Western sanctions made it impossible its receipt. In particular, in a statement the state-controlled Russian energy giant states that “the […]
Solz: Nord Stream 1 turbine is ready and can be delivered to Gazprom – Russia’s problem is ‘political’
“The turbine is working and can be moved and used at any time,” Chancellor Olaf Solz said, referring to the technical problem that Gazprom is citing to limit the supply of natural gas to the Nord Stream 1 pipeline. Mr. Solz called political fueling the excuses of the Russian side. “It’s quite clear and simple. […]