Russian gas and oil

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UK to stop importing Russian LNG from January 1 2023

UK to stop importing Russian LNG from January 1 2023

The UK government will impose a ban on the import of Russian liquefied natural gas from January 1, 2023. This is according to a statement the United Kingdom Foreign Office published on Friday. "From 1 January 2023, the UK is ending …

Turkey asks Russia for gas discount

Turkey asks Russia for gas discount

Turkey’s finance minister Nureddin Nebati said Ankara is pushing hard for a discount on the huge amount of gas it buys from Russia. According to the minister, Turkey is also asking Russia’s Gazprom for an option to …

Hungary reaches gas compromise at EU summit in Brussels

Hungary reaches gas compromise at EU summit in Brussels

On Saturday, the head of the office of the Hungarian Prime Minister, Gergely Gouyash, informed that the Hungarian government is satisfied with the results of the EU summit, which took place this week in Brussels. The countries managed to reach a …

Russia and Turkey assess creation of gas hub, source says

Russia and Turkey assess creation of gas hub, source says

Russia and Turkey have begun cooperation on a gas hub, the parties are currently assessing the design and construction, RIA Novosti reports citing a source in Ankara. "The work is underway, it requires estimates for design, …

Scholz: Germany no longer ‘dependent’ on Russian gas

Scholz: Germany no longer ‘dependent’ on Russian gas

German Chancellor Olaf Scholz claims that Germany has already overcome its dependence on Russian gas supplies and seeks to cut gas consumption by 20%. "I am glad that we have managed to agree at the European level on the goal of …

Turkish Stream pipeline operator's export license extended

Turkish Stream pipeline operator's export license extended

South Stream Transport B.V. has received the extension of the export license from authorities of the Netherlands, the TurkStream gas pipeline operator said on Wednesday. "On Monday October 17, 2022, South Stream Transport B.V. was …

Turkey and Russia agree to create international gas hub

Turkey and Russia agree to create international gas hub

Turkey will create an international hub from which Russian gas can be supplied to Europe, Turkish President Recep Tayyip Erdogan announced on Wednesday. Erdogan was speaking in parliament at a meeting of the faction of the ruling …

Gazprom reduces gas production by 18% YTD

Gazprom reduces gas production by 18% YTD

According to preliminary data, Gazprom lowered natural gas production by 18% year-on-year to 327.4 bln cubic meters, the holding said on Monday. Gas export to non-CIS countries tumbled by 41.4% (by 63 bln cubic meters) annually to 89.3 …

Iran could become hub for transit of Russian oil and gas

Iran could become hub for transit of Russian oil and gas

Iran could become a hub for the supply of Russian oil and gas products to other countries, Alireza Varnaseri, a member of the Majlis (parliament) commission on energy, said this on Monday in an interview with the Iranian Shana news agency. …

Pakistan Stream pipeline project could start next year

Pakistan Stream pipeline project could start next year

Pakistan’s Ambassador to Moscow Shafqat Ali Khan hopes that the construction of the Pakistan Stream gas pipeline can begin in 2023 and the tone for this process will be set by the intergovernmental commission of the two countries [Russia …

Türkiye developed gas hub project

Türkiye developed gas hub project

Turkish scientists have already developed a project for a gas hub in the country with the possibility to transport up to 75 billion cubic meters of blue fuel per year, it became relevant after such an idea was announced by Russian President …

Gazprom may start exporting gas via Iran

Gazprom may start exporting gas via Iran

Russia can export its gas via the Iranian territory to customers in the Persian Gulf countries, Iranian Deputy Oil Minister Ahmad Asadzadeh said on Thursday. “There is a good opportunity…. in order to transport Russian gas …

Putin tells Erdogan about Turkey gas hub prospects

Putin tells Erdogan about Turkey gas hub prospects

Russian President Vladimir Putin told Turkish President Recep Tayyip Erdogan on Thursday about the idea of creating a gas hub in Turkey, adding that it could be a platform not only for supplies but also for determining prices. After …

Hungary and Serbia to build pipeline for Russian fuel supplies

Hungary and Serbia to build pipeline for Russian fuel supplies

Hungary and Serbia agreed to construct a pipeline between the two countries so that Russian oil from the Druzhba oil pipeline can be supplied to Serbia via Hungary, official spokesman of the Hungarian government Zoltan Kovacs said on Monday. …

Turkish energy minister to discuss gas in Moscow

Turkish energy minister to discuss gas in Moscow

Turkish Minister of Natural Resources and Energy Fatih Donmez will visit Russia, on October 11, a source in the Turkish Ministry of Energy said. The purpose of the trip is to discuss the issues of Russian gas supplies to the republic. …