Russian gas and oil

Russian oil supplies to Hungary resume

Russian oil supplies to Hungary resume

Supplies of oil from Russia to Hungary via the Druzhba pipeline, which was suspended due to technical malfunctions, have been resumed, Hungarian Foreign …

Turkey and Russia may pay for gas in national currencies

Turkey and Russia may pay for gas in national currencies

Turkey and Russia continue trade in national currencies and they can similarly pay for gas, a source in banking consulting in Ankara said when asked to comment on the situation with U.S. sanctions on Gazprombank, TASS reported. …

Russia becomes EU's largest gas exporter once again

Russia becomes EU's largest gas exporter once again

Russia became the EU's largest gas exporter for the first time since spring 2022 in September, with its share reaching 23.7%, according to the Eurostat. In September, despite sanctions, European companies purchased $1.4 bln worth of …

Türkiye opens gas trading center in Istanbul

Türkiye opens gas trading center in Istanbul

The gas hub project in Türkiye is being implemented. The Turkish authorities intend to open a gas trading center in Istanbul in 2025. It will be managed, among others, by Gazprom and Botaş.

Türkiye expects progress on gas hub

Türkiye expects progress on gas hub

Türkiye expects significant progress on the gas hub project. The country can receive both gas supplies from different countries and LNG via pipelines .

Russia ready to sell gas to Iran

Russia ready to sell gas to Iran

Russia may start gas supplies to Iran, this is a quite feasible project, Russian President Vladimir Putin said speaking at the plenary session of the Eastern Economic Forum (EEF). According to the Russian leader, Iran has been asking …

Russian pipeline gas exports to EU up 24%

Russian pipeline gas exports to EU up 24%

Russian natural gas exports via pipelines to the European Union countries have jumped by 24% in the first half of the year from the same period in 2023, according to a report published by the Gas Exporting Countries Forum. At the same …

Georgia increases imports of Russian liquefied gas

Georgia increases imports of Russian liquefied gas

Georgia has almost doubled the import of Russian liquefied gas. According to the Union of Petroleum Products Importers of the country, 99% of LNG in Georgian storage facilities came from the Russian Federation, and imports of Russian bitumen into the country have also increased.

Türkiye and Gazprom discuss gas hub project

Türkiye and Gazprom discuss gas hub project

Gazprom CEO Alexey Miller and Turkish Energy Minister Alparslan Bayraktar discussed bilateral cooperation during the St. Petersburg International Economic Forum (SPIEF), including the development of an international gas hub. …