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Germany may be able to cope with a boycott of Russian gas imports as soon as the coming winter, German Economy Minister Robert Habeck told WirtschaftsWoche weekly on Thursday. “If we have full storage facilities at the turn of the …
The EU will have to spend close to €200bn in the next five years to secure energy independence from Russia, according to draft plans that set out aggressive targets in areas such as clean energy and lowering consumption. A draft of …
Russia reduced natural gas supplies to Germany in retaliation over Europe’s penalties, German Economy Minister Robert Habeck said. A unit of Gazprom PJSC that was seized by Germany is no longer receiving all contracted …
Russian gas transit through Ukrainian territory may fall by a quarter on Wednesday due to suspension of flows via the Sokhranovka entry point by the Gas Transmission System Operator of Ukraine (GTSOU), according to data released on the website of …
The European Commission is due to approve an emergency energy sharing plan on May 18 to grapple with a possible abrupt interruption of Russian gas supplies to the bloc, the Spanish newspaper El Pais reported. According to the news …
Austria remains opposed to the idea of a Russian gas embargo, as the move would be a red line for the republic, Austrian Minister for Digital and Economic Affairs Margarete Schrambock said in an interview with the Funke Media Group published on …
Benchmark more than doubles from past decade’s average as exports grow and producers hold back
The dram has gained about 15 percent against the dollar in recent weeks, bolstered by an influx of Russians to Armenia and a move to buy gas in rubles rather than dollars
Gazprom supplied 791 mln cubic meters of natural gas to Russian consumers on May 2. This is the record-breaking volume for this date due to the abnormally low temperature, official spokesman of the Russian gas holding Sergey Kupriyanov said. …
The European Commission (EC) should allow European energy companies to pay for Russian gas in rubles, Italian Minister for Ecological Transition Roberto Cingolani said, adding that this should be a temporary measure. "I think …
While multiple European leaders have publicly proclaimed they won’t buy Russian gas in rubles as Russian President Vladimir Putin has demanded, 10 EU countries are technically going along with Putin’s plan, Hungarian official Gergely …
The German government supports the plans of the European Union (EU) to impose an embargo on oil imports from Russia. During the latest preliminary talks on the sixth package of sanctions against Russia, Berlin spoke in favor of a ban, the DPA …
From January to April 2022, Gazprom's exports to non-CIS countries decreased by 26.9% (by 18.4 bln cubic meters), a message posted on the company's Telegram channel reads. "Gazprom continues to supply gas in accordance with …
Germany will not pay for Russian gas supplies in rubles, German Finance Minister Christian Lindner wrote on Twitter on Saturday. Since April 1, Russia has been accepting gas charges from unfriendly states in rubles. According to …
The countries of Europe redistribute the Russian gas through reverse supplies. On April 27, Gazprom suspended gas exports to Bulgaria and Poland. Since then, applications for pumping through Ukraine via the Russian stations Sudzha and …
Hungarian Foreign Minister Péter Szijjártó confirmed that his country will use the payment scheme put in place by Moscow to pay for its oil and gas. "85% of our gas supply comes from Russia, and 65% …
Moldovan President Maia Sandu said that the country does not have an alternative to Russian gas since buying fuel on the market will cost much more. "We cannot refuse gas in conditions where there is no alternative. Besides, …
Finland does not intend to agree with the Russia’s condition of paying for gas supplied from Russia in rubles, Minister for European Affairs and Ownership Steering Tytti Tuppurainen told Helsingin Sanomat newspaper. "We make …
Ten European companies have already opened the accounts at Gazprombank needed to meet Russia’s payment demands, according to a person close to Russian gas giant Gazprom PJSC, Bloomberg reported. Four European gas buyers …
The Austrian side, represented by Austrian oil and gas company OMV, accepted Russia's conditions for paying for Russian gas supplies in rubles by opening an account with a Russian bank, Austrian Chancellor Karl Nehammer said on Wednesday. …
