Russia may supply electricity to Armenia and Iran through Azerbaijan
Russia is considering the possibility of using territories of Azerbaijan and Armenia to send gas to Iran, Russian Energy Minister Nikolay …
Russian Energy Ministry
Russia begins oil exports reduction under OPEC+ ahead of schedule
Russia has started cutting oil supplies abroad in advance. Next month, it is planned to implement the all the declared agreements within the framework of OPEC+, the Ministry of Energy announced.
Why did Russia reduce gas production?
The percentage of Russian gas production is lower than the forecasts, the Russian Ministry of Energy reported. The Ministry said that Russia planned to increase the production of liquefied gas by 1-2 million tons this year .
Russia reroutes oil exports hit by embargo
Russia has successfully redirected all its crude oil exports affected by Western sanctions, Russian Energy Minister Nikolai Shulginov said. "I can say today that we have managed to completely redirect the entire volume of exports …
Ministry of Energy points out benefits of Russian oil supply system
Russia is currently actually forming a new system for the transportation of energy resources, since the former one is no longer valid. Changing logistics will benefit most of the world's population
Iranian Energy Minister arrives in Moscow
On Tuesday, December 20, Iranian Energy Minister Ali Akbar Mehrabian went to Moscow. The purpose of the visit is the implementation of certain agreements and the development of bilateral cooperation. As part of the trip …
Russia has 8 hydropower plants, 6 pumped-storage plants in pipeline
Eight new hydropower plants (HPP) and six pumped-storage power plants (PSPP) might be built in Russia, the director of electricity development at the Energy Ministry, Andrei Maximov said at Atomexpo 2022 "Eight HPP projects and six …
Turkey wants to organize meeting of Russian, German energy ministers
Turkey wants to organize a meeting of Russian and German energy ministers in Istanbul in December, the Aydınlık newspaper reported, citing Istanbul Economic Summit Executive Board chairman Abdullah Deger. "We can bring together …
Russia to cut coal output by 1% in 2022
Russia will reduce coal production by 1% by the end of the year, Russian Minister of Energy Nikolay Shulginov said. "[A decline of] 1% in coal output. This is what we currently have and we believe that we will maintain it," he …
Russia not considering transition to sale of LNG for rubles
Russia is not currently discussing the possibility of switching to payment in rubles for liquefied natural gas (LNG), Russian Energy Minister Nikolay Shulginov said at the Eastern Economic Forum when asked if the authorities are considering sale …
Moscow and Minsk to switch to payments for gas in Russian rubles
Russia and Belarus have amended the gas supply agreement, which sets the terms to form gas prices from April to the end of 2022. The agreement also implies a transition to payments for gas in Russian rubles, Russia’s Energy Ministry …
Russian and U.S. energy ministries discuss stabilization of global oil market
Russian Deputy Energy Minister Pavel Sorokin and Deputy Secretary at the U.S. Department of Energy David Turk held a meeting at the Conference of the Parties to the UN Framework Convention on Climate Change in Glasgow, discussing the issues of …
Russia interested in energy renewal of Karabakh
Russian Energy Minister Nikolai Shulginov held a working meeting with his Azerbaijani counterpart Parviz Shahbazov, according to the website of the Russian ministry. The statement reads that the parties discussed topical issues of …
Putin urges Gazprom to continue fulfilling commitments on gas supplies via Ukraine
Russian President Vladimir Putin believes that Gazprom must continue to fulfill its contractual obligations to supply gas through Ukraine to the EU. "It is necessary to fully comply with the contractual obligations for the transit, …
Novak: Russia positive on oil market situation
Russia sees the improvement in the oil market situation but risks are still present because of new coronavirus strains’ spread, Deputy Prime Minister Alexander Novak said in an interview with the Rossiya-24 TV Channel after the OPEC+ …
Export ban on some petrol types proposed in russia
Russia's energy ministry has proposed banning exports of petrol, the ministry's press service reported on Monday citing Energy Minister Nikolai Shulginov. According to the sources, the ministry has proposed …
Pakistan Stream gas pipeline to be built before 2026
Completion of the Pakistan Stream gas pipeline construction is expected in 2025 in case of stable financing of the project, Energy Minister Nikolai Shulginov said on the sidelines of the St. Petersburg International Economic Forum on Friday. …
Russia's Cabinet to discuss gasoline export restrictions
The Russian government will discuss a draft Cabinet resolution providing for restrictions of petroleum products export in exceptional cases to prevent the fuel price rally after May holidays, Russia's Energy Minister Nikolai Shulginov told …
Russia and Germany flag hydrogen cooperation
Russian Deputy Prime Minister Alexander Novak said at the webcast meeting that Russia and Germany had agreed that it was important to implement joint projects in hydrogen energy, in comments shared by the Russian government online. He …
Russian ministries agree to reduce fuel tax, raise extraction tax for oil firms
Russia’s energy and finance ministries have agreed to reduce fuel tax from May 1, cutting 350 billion roubles ($4.5 billion) from the state budget in 2021-2023, they said on Tuesday. The finance ministry said …
