Gazprom will further cut gas supplies to Italy by about a third, the country’s energy giant Eni said in a statement on Monday, Bloomberg reported. Gazprom said it would supply Eni with about 21 million cubic meters of natural gas per day, compared with an average of about 32 million cubic meters per day in […]
Tag: Gazprom
Ukraine opposes gas turbine delivery to Gazprom
Ukraine is opposed to the delivery of a turbine from Canada to Russia’s Gazprom to restore gas supplies to Germany, as such a development could conflict with the imposition of sanctions on Russia, a source told Reuters on Thursday. source of the Ukrainian Ministry of Energy. Gazprom reduced the capacity to transport natural gas from […]
Gazprom’s proposal to include LNG in the ‘rubles for natural gas’ scheme
The inclusion of liquefied natural gas in the “ruble for natural gas” scheme, which was imposed by Putin’s decree in March, has been proposed by the Russian energy giant Gazprom, according to a senior executive of the company cited by the Interfax news agency. The proposal by Kirill Polous, deputy head of Gazprom’s LNG division, […]
Gazprom will increase gas supplies to Kaliningrad
Russia’s state-owned gas company Gazprom will increase gas supplies to the Russian enclave of Kaliningrad, regional governor Anton Alikhanov said yesterday after tensions escalated with neighboring Lithuania. Russian President Vladimir Putin said in May that Gazprom should consider stepping up the flow of liquefied natural gas (LNG) to Kaliningrad, an area between Lithuania and Poland, […]
Russia: Gazprom threatens to change terms in gas contracts if West imposes price cap
The Kremlin announced today that Gazprom is likely to seek a change in the terms of gas supply contracts to Western countries that will impose a ceiling on Russian gas prices. G7 leaders have agreed to consider a possible cap on Russian oil and gas prices, with the aim of limiting Moscow’s ability to finance […]
Welt: On gas alert?
Exclusive information from the Welt newspaper. Is Germany a leading power? The German government is preparing to declare the second level of alert provided for in the emergency plan for gas due to reduced flows from the Russian Gazprom. This is her exclusive information World, which is in the meantime rebroadcast by other means and […]
New rise for European gas – At 126 euros per megawatt hour
European gas prices are still rising today, as supply cuts from Moscow hit the region, with governments turning to alternative energy sources and urging consumers to cut consumption, according to Bloomberg. Germany, Austria and the Netherlands are reversing their policies and turning to more “dirty” coal to ensure energy efficiency. Large German industries are ready […]
Moscow escalates energy war as it rejects additional gas shipments through Ukraine
Russia has stepped up its energy war over gas supplies to Europe, rejecting a proposal by Ukraine to shut down more capacity to compensate for reduced flows through the main pipeline to Germany, according to Bloomberg. Russian energy company Gazprom has chosen not to close additional capacity to transport gas to Europe via Ukrainian pipelines […]
European gas up – At 126 euros per megawatt hour
European gas prices are rising after a rally of 43% last week, as cuts in Russian supplies raise alarm in the region’s governments amid a growing risk of a bullet-proof consumption, according to Bloomberg. It is noted that transfers via Nord Stream remain at only 40% of capacity. Supplies are likely to remain limited with […]
Russian cuts force Europe to use winter gas storage
Cuts in gas supplies from Russia are forcing European utilities to use stocks commonly used during the winter, Bloomberg reports. In one of the latest indications of how the energy crisis in Europe is escalating, storage levels fell this week for the first time since mid-April, when traders usually start filling in, according to Gas […]