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The bankruptcy procedure for the Nord Stream 2 gas pipeline operator, Nord Stream 2 AG, has been suspended for another four months, until January 2023, the company said on the website of the Swiss Official Gazette of Commerce. …
Russian gas import by EU member-states declined by 48% from 2022 year start, Gazprom said on Wednesday. "From the year start, countries of the European Union reduced Russian gas supplies to their market by 48%, and taking into …
Brussels is to blame for the energy crisis wreaking havoc on Europe as it prepares for winter, Turkish President Recep Tayyip Erdogan has suggested. “Europe is reaping what it has sown. Europe’s attitude toward Mr. Putin and …
The winter season in the Northern Hemisphere with many uncertain factors could lead to new price spikes in the market, Russian Deputy Prime Minister Alexander Novak told the "Moscow. Kremlin. Putin" program on the Rossiya-1 TV …
The spot price of gas in Europe has risen 30% to almost $2,900/1,000 cubic meters due to the continued shutdown of the Nord Stream pipeline from Russia. TTF October futures have risen to $2,855 per 1,000 cubic meters since the start of …
Specialists from the German company Siemens are involved in the revamp of the Nord Stream unit, they detected malfunctions and are ready to fix them, but there is no facility to repair them, Gazprom informs. “Siemens takes …
Gazprom specialists failed to launch the Nord Stream gas pipeline after a three-day shutdown for scheduled maintenance. According to the message of Gazprom and the data of gas transport operators, the transit of Russian gas through Ukraine is …
Operator data on requests for gas on the Nord Stream 1 pipeline from Russia to Europe suggest flows should resume from Saturday morning, when Gazprom said maintenance work will be completed. Gas nominations were at 14,437,507 …
Siemens now virtually does not have the capacity to regularly repair units for the Nord Stream pipeline, as it simply has nowhere to do it, Gazprom CEO Alexey Miller said on Wednesday. "Today, Siemens has virtually no opportunity …
Gas supplies via Nord Stream have been fully stopped for three days due to the start of repairs of the only gas compressor unit remaining in operation at the Portovaya compressor station, according to the data provided by German gas pipeline …
Bulgaria has notified Gazprom that it is ready to resume negotiations on gas supplies, waiting for the Russian company's response in the near future, Bulgarian Energy Minister Rosen Hristov said. Gazprom cut …
An agreement of gas swap suppliers between Iran and Russia will concluded shortly, Iranian Oil Minister Javad Owji said on Wednesday. "The final agreement on import and gas swap supplies from Russia will be signed in the near …
Germany will postpone the closure of its last three remaining nuclear power plants
Gazprom does not rule out that gas prices in Europe in winter may rise above the record-breaking figure $4,000 per 1,000 cubic meters, the holding said on Tuesday. "We would like to note, that on spot exchanges in Europe, gas …
German households will have to pay almost 500 euros ($509) more a year for gas after a levy was set to help utilities cover the cost of replacing Russian supplies, piling pressure on Berlin to come up with further relief measures for the …
The Hungarian Foreign Ministry said that Russia’s Gazprom began to supply gas above levels stipulated in the contract, the head of the Hungarian Foreign Ministry, Peter Szijjarto announced, following the results of negotiations in …
German Chancellor Olaf Scholz believes Germany will get through a natural gas crisis. Asked whether rising prices could trigger social unrest, Scholz said: "No, I don't think that we will see unrest in this country in this …
Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russia's Transneft said on Tuesday. Flows along the …
Germany faces a “chain reaction of unforeseen consequences” if Russia cuts off gas completely, one of the country’s biggest lenders has warned, The Telegraph editor Tim Wallace writes. Commerzbank warned fundamental …
The turbine required for full-fledged functioning of the Nord Stream gas pipeline is ready for operation and can be transported immediately by the German side, a representative of Siemens Energy’s press service said. …
