Russian gas and oil

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Gazprom says signs key deals to build Ust-Luga plant

Gazprom says signs key deals to build Ust-Luga plant

The key agreements for construction of a gas refinery and liquefaction plant in the port of Ust-Luga have been signed, Russian gas giant Gazprom said in a statement. "Several key agreements have been signed today in St. …

Poland may fine Gazprom over Nord Stream 2 pipeline case

Poland may fine Gazprom over Nord Stream 2 pipeline case

Poland’s UOKiK watchdog may fine Russian gas producer Gazprom up to 50 million euros ($56 million) due to a lack of cooperation in anti-monopoly proceedings related to the Nord Stream 2 gas pipeline project, UOKiK said. UOKiK …

Gas transit from Russia to Europe via Poland stopped

Gas transit from Russia to Europe via Poland stopped

Gas transit via the Yamal-Europe pipeline from Russia through Belarus and Poland to Germany has been brought down to zero on Tuesday.  According to the results of the previous auction, the Polish section of the pipe was booked only …

Germany refuses to exempt Nord Stream-2 from EU Directive

Germany refuses to exempt Nord Stream-2 from EU Directive

Germany's Federal Network Agency refused Nord Stream 2 AG in withdrawing the Nord Stream 2 project from the rules of the updated EU Gas Directive, the regulator said. "The Bundesnetzagentur has today rejected the application of …

Germany to decide on Nord Stream 2 by mid-May

Germany to decide on Nord Stream 2 by mid-May

The German Federal Network Agency (BNA) intends to make as soon as possible a final decision on the request of the Nord Stream 2 operator, Nord Stream 2 AG, to exempt this pipeline from the EU Gas Directive, the representative of the agency, Fite …

Germany recalls importance of Nord Stream 2 to Europe

Germany recalls importance of Nord Stream 2 to Europe

Head of the Bundestag's economy and energy committee Klaus Ernst said the Nord Stream 2 gas pipeline is important for Europe, as it will allow more gas to be produced. "Germany and Europe decide for …

Russian gas supply to China via Power of Siberia resumed

Russian gas supply to China via Power of Siberia resumed

Russia's Gazprom said it has restarted natural gas deliveries to China following the completion of regular maintenance at the Power of Siberia pipeline. The pipeline had been shut since mid-March. Gazprom and China’s CNPC …

Russia gives Bulgaria 40% price cut for gas

Russia gives Bulgaria 40% price cut for gas

Bulgarian Prime Minister Boyko Borissov said that Bulgaria has agreed with Russia's Gazprom on a 40% price cut for natural gas in a new contract. "Our new contract with Gazprom on the price for natural …

OMV invests 113 mln euro in Nord Stream 2 last year

OMV invests 113 mln euro in Nord Stream 2 last year

Austria’s OMV company, one of Gazprom’s five European partners in the Nord Stream 2 gas pipeline project, invested 113 mln euro in the project in 2019, the company said in a report. "Cash flow from investing …

U.S. focuses its foreign policy on Ukraine's transit

U.S. focuses its foreign policy on Ukraine's transit

The United States supports maintaining Russian gas transit through Ukraine. Washington calls it "a strategic deterrent to further Russian aggression," the U.S. State Department said in a statement released on the eve of U.S. Secretary …

Gazprom: Power of Siberia exports unaffected by coronavirus

Gazprom: Power of Siberia exports unaffected by coronavirus

The spread of the coronavirus did not affect gas exports from Russia via the Power of Siberia pipeline, Gazprom's press service said. "The situation with coronavirus in China by no means affected gas exports via Power of …