Russia and the EU

Europe not ready to give up Russian gas

Europe not ready to give up Russian gas

The European Commission has, for a second time, delayed an announcement of its plan to phase out the region's reliance on Russian energy imports to an unspecified date, Reuters reported. Earlier, it was planned that results …

Russia named Europe's second gas supplier

Russia named Europe's second gas supplier

Russia become the second largest gas supplier to the EU after Norway by the end of 2024, overtaking the U.S., as follows from statistics released by the European think tank Bruegel. Supplies of Russian liquefied natural gas (LNG) to the …

The only thing left for EU is Turkish Stream

The only thing left for EU is Turkish Stream

Russian gas transit to Europe through Ukraine completely stopped at 8:00 a.m. Moscow time (5:00 a.m. GMT), according to data from European gas transmission system operators. Russia’s gas giant Gazprom said that Kiev’s …

Gas prices in EU soar in anticipation of Ukrainian transit halt

Gas prices in EU soar in anticipation of Ukrainian transit halt

Gas prices in Europe rose to their highest since November 27, 2023, $536 per 1,000 cubic meters during exchange trading, amid expectations that Russian gas transit through Ukraine will cease on January 1, according to data from the London ICE …

EU imposes new anti-Russian sanctions

EU imposes new anti-Russian sanctions

The EU has imposed a new package of sanctions, targeting Russian individuals and a number of organizations. Among those sanctioned is the former Prime Minister of Dagestan.

New package of anti-Russia sanctions agreed in EU

New package of anti-Russia sanctions agreed in EU

The permanent representatives of the European Union countries have reached agreement on a new sanction package on Russia, the Hungarian presidency of the Council of the EU reported. "Ambassadors have just agreed on …

EU to discuss more sanctions targeting Russia

EU to discuss more sanctions targeting Russia

EU envoys will discuss on December 11 the first potential sanctions targeting Russian hybrid threats such as undermining elections, cyber attacks and economic sabotage, EU diplomats said. A list of 16 individuals and 3 entities could be …

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 …

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 …