Hungary agrees to pay for Russian gas in rubles
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% …
Russian gas and oil
page 16
Moldova has no alternative to Russian gas - president
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 says will not pay for Russian gas in rubles
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 open accounts at Gazprombank - report
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 …
Austria accepts terms of payment for Russian gas in rubles
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. …
Russia's Gazprom halts gas supplies to two EU countries
Russian energy giant Gazprom on Wednesday halted gas supplies to Bulgaria and Poland for failing to pay for gas in rubles. "Gazprom has completely suspended gas supplies to Bulgargaz (Bulgaria) and PGNiG (Poland) due to …
EU aims to end use of Russian oil and gas by 2027
The European Union aims to reduce its dependence on Russian oil and gas by two-thirds by the end of the year and to zero by the end of 2027, EU Economic Commissioner Paolo Gentiloni told Il Messaggero daily in an interview published on …
Uniper believes possible to pay for Russian gas while complying with sanctions
Uniper, Germany’s main importer of Russian gas, said it would be possible to pay for future supplies without breaching European Union sanctions even though Moscow has demanded payments in rubles. Russia’s demand for gas …
Russian gas flows to Europe stable as gas nominations for Slovakia rise
Daily nominations for Russian gas deliveries to Slovakia via Ukraine rose on Monday, while flows eastbound into Poland from Germany through the Russia-EU Yamal pipeline and direct flows from Russia to Germany via Nord Stream 1 remained …
Slovakia promises to pay for Russian gas in euros
Slovakia, which meets 85-87% of its natural gas needs at the expense of Russia, will pay for supplies in euros, Prime Minister Eduard Heger said. "We will pay for gas in euros in the second half of May. This is our plan", …
Gas transit through Ukraine drops to 48.6 mln cubic meters
On Saturday, gas transit to Europe through Ukraine reached its lowest level since late February. Gazprom supplies Russian gas for transit through the territory of Ukraine in the regular mode, in accordance with the applications of …
Scholz: embargo on Russian gas harmful for European economy
An abrupt gas embargo would not bring quick peace to Ukraine and it is important for Germany to avoid a serious economic crisis, German Chancellor Olaf Scholz said in an interview published in Spiegel magazine. "Firstly, I do not …
Gazprom continues supplying gas for transit via Ukraine as normal
Gazprom continues supplying Russian gas for transit to Europe through Ukrainian territory as per normal, Spokesman Sergey Kupriyanov told reporters. "Gazprom supplies Russian gas for transit through Ukrainian territory as per …
Germany to end oil imports from Russia by year end - minister
Germany will stop importing oil from Russia by the end of the year, said German Foreign Minister Annalena Baerbock after a meeting with her Baltic counterparts on Wednesday. "I therefore say here clearly and unequivocally yes, …
Reserves of new Caspian field estimated as up to 150 mln tonnes
Lukoil has received commercial inflows of natural gas and condensate at a recently discovered Titonskaya structure on the shelf of the Caspian Sea and reserves ranging from 140 to 150 mln tonnes of equivalent fuel will be presented to the State …
German bosses, unions jointly oppose boycott of Russian gas
Germany’s employers and trade unions have joined together in opposing an immediate European Union ban on natural gas imports from Russia
Gazprom gas supplies for transit to Europe through Ukraine twice as low
Gazprom continues supplying Russian gas for transit to Europe through Ukrainian territory as per normal, Spokesman Sergey Kupriyanov told reporters. "Gazprom supplies Russian gas for transit through Ukrainian territory as per …
Immediate ban on Russian gas may undermine social peace in Germany
Vice Chancellor of Germany, Federal Minister for Economic Affairs and Climate Action Robert Habeck spoke against introducing an immediate embargo on gas supplies from Russia in an interview published on Saturday. "An immediate …
Transit of Russian gas through Ukraine slightly decreased
On Sunday, Gazprom continues its regular gas supplies for transit through Ukraine. The application of consumers is 57 million cubic meters. ""Gazprom" supplies Russian gas for transit through the Ukrainian territory …
Germans asked to conserve energy to reduce reliance on Russia
Germans should start saving energy to become more independent from Russian fossil fuels, Economic Minister Robert Habeck said, as Europe’s biggest country looks for ways to cut reliance on Moscow. Habeck said Germany could become …
