Russian gas and oil

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Lavrov on future of Nord Stream-2

Lavrov on future of Nord Stream-2

Russian Foreign Minister Sergey Lavrov expressed confidence that the Nord Stream-2 gas pipeline will be built despite the U.S. sanctions. According to him, the European side sees its commercial advantages from the …

State Duma doesn't rule out Nord Stream 3 construction

State Duma doesn't rule out Nord Stream 3 construction

Head of the State Duma’s Committee for Financial Markets Anatoly Aksakov, speaking to Vestnik Kavkaza, said today that the Nord Stream 3 project is quite real. “Of course, everything here will depend on the …

Kremlin: Russia has capacities to complete Nord Stream 2

Kremlin: Russia has capacities to complete Nord Stream 2

The Kremlin expects that the construction of Nord Stream 2 pipeline will be completed in the near future, Presidential spokesman Dmitry Peskov said. "There are certain capacities that allow us to hope that we will …

Novak: Nord Stream 2 pipeline to be built despite sanctions

Novak: Nord Stream 2 pipeline to be built despite sanctions

The Nord Stream 2 pipeline will be built despite sanctions, although it remains unclear at present whether Swiss company Allseas will be able to complete the project, Russian Energy Minister Alexander Novak said. "It’s too …

Kozak: Russia and EU to solve Nord Stream 2 problem

Kozak: Russia and EU to solve Nord Stream 2 problem

Russia will find a solution to the situation that has emerged around the Nord Stream 2 pipeline through close cooperation with Europe, Russia's Deputy Prime Minister Dmitry Kozak said. "We are sure that we will …

Serbia completes its Turkish Stream segment

Serbia completes its Turkish Stream segment

Serbia completed the pipelay on its segment of the Turkish Stream gas pipeline, chief executive of Srbijagas Company Dusan Bajatovic said. "Yes, we can state with pleasure that Serbia completed its portion of work, …

Gazprom approves new  dividend policy

Gazprom approves new  dividend policy

The board of directors of Russian gas giant Gazprom has approved a dividend policy, under which the company will pay no less than 50% of the adjusted net profit under International Financial Reporting Standards (IFRS) in dividends, the company …

Russia is main supplier of gas to EU

Russia is main supplier of gas to EU

Russian pipeline supplies covered 45% of extra-European Union gas imports, according to the European Commission's quarterly report on European gas markets. Russia is followed by Norway (26%). "In the …

Russia expects Nord Stream 2 to be completed soon

Russia expects Nord Stream 2 to be completed soon

Russia expects to complete construction of the Nord Stream 2 pipeline in the near future, despite obstacles, Russian Minister of Energy Alexander Novak said. "We expect that in the near future construction of …

Nord Stream 2 works 100% suspended

Nord Stream 2 works 100% suspended

Swiss-based Allseas Group S.A. suspended all works on the Nord Stream 2, after the U.S. Department of Treasury activated sanctions on the European gas pipeline. A company representative said yesterday that Allseas had withdrawn its …

Russia and Ukraine strike gas deal

Russia and Ukraine strike gas deal

The head of Gazprom, Alexei Miller, announced that, in accordance with the protocol on gas cooperation, Gazprom and Naftogaz will sign an agreement on the settlement of mutual claims under existing contracts. The head …

Russia responds to US sanctions on Nord Stream 2

Russia responds to US sanctions on Nord Stream 2

Russia will continue to implement economic projects, despite the sanction pressure from the US, the Russian Foreign Ministry expressed confidence commenting on US sanctions on the Nord Stream-2 and TurkStream pipelines. A message posted …

Germany will take care of Nord Stream 2, Slutsky says

Germany will take care of Nord Stream 2, Slutsky says

Berlin will not allow US sanctions to harm the Nord Stream 2 gas pipeline project, the head of the State Duma’s international affairs committee, Leonid Slutsky said. He stressed that Washington’s actions harm European …

Berlin: U.S. sanctions on Nord Stream 2 unclear

Berlin: U.S. sanctions on Nord Stream 2 unclear

Washington's sanctions against the Nord Stream 2 pipeline for carrying Russian gas to Europe are now even more unclear in light of the gas consultations in Berlin, deputy spokesperson of the German government Ulrike Demmer …

Gazprom on upcoming gas talks with Ukraine in Minsk

Gazprom on upcoming gas talks with Ukraine in Minsk

Gazprom will continue consultations with Ukraine on gas issues in Minsk today after trilateral talks in Berlin, the Russian company said. "Talks with Ukraine on gas will continue on Friday in Minsk," Gazprom said, adding …

Merkel declares war on Trump over Nord Stream 2

Merkel declares war on Trump over Nord Stream 2

German Chancellor Angela Merkel's reaction to the U.S. possible sanctions on the Nord Stream-2 gas pipeline is a "clear declaration of war" on U.S. President Donald Trump, according to Bild …

Gazprom starts gas talks in Berlin

Gazprom starts gas talks in Berlin

The delegation of Gazprom has started consultations on gas with representatives of Germany in Berlin, told reporters. "The Gazprom delegation has arrived at the Federal Ministry for Economic Affairs and Energy of …