LAST UPDATE 18:10 Russia is tightening its grip on the European energy market by further reducing gas supplies via the critical Nord Stream pipeline, by about 60%, in a “politically motivated” move, according to Berlin. In particular, after announcing a 40% reduction in pipeline capacity, Gazprom today shut down a third turbine vital to the […]
Tag: Gazprom
Gazprom: Reduction of natural gas shipments to the Italian group Eni by 15% for today
LAST UPDATE: 14.44 Russia’s Gazprom, which cut gas supplies to Germany via the Nord Stream pipeline by 40 percent yesterday, has cut gas exports to the Italian group Eni by 15 percent for today. “Eni confirms that Gazprom has informed it of a limited reduction in gas supplies for today, which corresponds to about 15%,” […]
Germany: The government will support Gazprom Germania with 10 billion euros
LAST UPDATE: 19:47 In order to ensure security of gas supply, the federal government will maintain control of Gazprom Germania in the long run and will protect the company from insolvency, which is faltering due to Russian sanctions, the German government announced a while ago. “Our goal is to maintain control of this vital part […]
18% rally in natural gas after Gazprom ‘scissors’ in Germany
LAST UPDATE 17:10 Russia’s Gazprom announced today that it had reduced its gas supply capacity to Germany by more than 40% via the Nord Stream gas pipeline, as the German group Siemens did not export the necessary equipment to Russia. “Gas deliveries via the Nord Stream pipeline can only be guaranteed up to the level […]
Because Russia still does not feel the impact despite the reduced gas supplies to Europe
Russia’s increasingly aggressive actions against European gas customers are beginning to have an impact. The country’s gas exports have fallen by more than 1/3 since January, according to CNN. But rising prices have kept Russia’s funds inflated as Moscow continues to cut off supplies. Moscow’s gas exports to countries outside the Commonwealth of Independent States, […]
Gazprom cuts gas to Orsted in Denmark and Shell Energy customers in Germany
Russian energy giant Gazprom announced today that it would cut off gas supplies to Orsted, Denmark, and Shell Energy for a gas supply contract in Germany after the two companies refused to comply with Moscow’s demand for a ruble payment. The supply of the two companies with natural gas will be stopped on June 1, […]
Gazprom has cut off gas supplies to the Netherlands
LAST UPDATE: 09.53 Russian energy giant Gazprom announced on Tuesday that it had completely cut off gas supplies to Dutch gas trading company GasTerra after failing to pay for gas delivered in April, Reuters reported. Gazprom stressed that payments for Russian gas should be made in rubles, as requested by Russian President Vladimir Putin. GasTerra […]
Denmark: Orsted warns of cut-off of gas supply from Russia after refusing to pay in rubles
Energy company Orsted warned today that Russia’s Gazprom could cut off gas supplies to Denmark after refusing to pay in rubles, stressing that such a move would not have a direct impact on Denmark’s gas supply. Moscow’s demand for the payment of gas in rubles has revealed cracks in the European Union’s unified response to […]
Netherlands: Finally, gas supplies from Gazprom from 31 May
LAST UPDATE: 19:48 The Dutch gas trading company GasTerra announced on Monday that the supply of gas from the Russian giant Gazprom will be stopped from May 31, as it refused to give in to Moscow’s demands for payment in rubles. GasTerra, which supplies and trades gas on behalf of the Dutch government, said it […]
Reuters: Gazprom paid less to Ukraine for gas transportation after flow cuts from Kyiv
Gazprom paid less for gas transports via Ukraine to Europe in June, the head of the Ukrainian energy company Naftogaz told Reuters on Wednesday, after Kyiv suspended Russian flows through the Sokhranovka transit point. “Not in full quantities,” Yury Vitrenko said when asked about gas transit payments. He declined to comment further. Gazprom, for its […]
