Russian gas and oil

Iran ready to purchase Russian gas

Iranian Oil Minister Mohsen Paknejad said today that Tehran has finalized virtually all key terms of a contract to purchase Russian natural gas. According to him, the Islamic Republic is prepared to take up to 55 billion cubic meters of fuel annually via a pipeline transiting Azerbaijan.

Russian oil exports to China up 31 percent

Russia’s crude oil supplies to China have increased by 31% in Q1 2026 year-on-year to 31.86 mln tons, according to figures released by the General Administration of Customs of China.

Russian gas exports to Europe jump 22

Gazprom's average daily natural gas supplies ‌to Europe via the TurkStream gas pipeline that transports Russian gas to Europe via Türkiye rose 22% from a year earlier to 55 million cubic meters in March.

Putin and Pashinyan hold talks in Kremlin

Russian President Vladimir Putin held a meeting with Armenian Prime Minister Nikol Pashinyan, who arrived in Moscow on a working visit, on April 1.

Russia increases gas production by 9 percent

Russia increased total gas production (natural and associated petroleum gas) in January-February 2026 by 9.2% year-on-year to 129.2 bln cubic meters, according to Rosstat data.

Putin proposes leave EU gas market now

Russia may initiate its withdrawal from the European market ahead of time in view of the EU’s intention to completely reject its gas, Russian President Vladimir Putin said.

Hungary files lawsuit against EU

Hungary has filed a lawsuit in the European Court of Justice against the EU's ban on energy supplies from Russia, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said.

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