Turkish Stream to be halted in June
The pumping of Russian gas through the Turkish Stream gas pipeline will be suspended for maintenance in the summer of 2023. Previously, Turkish Stream was halted in the summer of 2022
Russian gas and oil
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Ministry of Energy points out benefits of Russian oil supply system
Russia is currently actually forming a new system for the transportation of energy resources, since the former one is no longer valid. Changing logistics will benefit most of the world's population
Gazprom sets record for daily gas supplies to China
Gazprom set a new historical record for daily gas deliveries to China via the Power of Siberia pipeline on March 20, having met the Chinese side's request, which significantly exceeded the daily obligations under the contract, the company …
Turkey announces gas hub implementation deadlines
The gas hub project proposed by Russia is at the stage of legal registration in Turkiye and various details are currently under discussion, a source familiar with the negotiations said. Earlier, Turkish Energy Minister Fatih Donmez said …
Gas price in Europe drops below $450
The price of gas in Europe at exchange trading fell below $450 per 1,000 cubic meters for the first time since the end of July 2021, according to data from London’s ICE exchange. The price of April futures at the TTF hub in the …
Russian gas exports to EU cut by 80%
The European Union is no longer dependent on gas and oil from Russia, European Commission President Ursula von der Leyen said. "Europe’s dependence on supplies of Russian oil and gas is in the past now," she told a …
Alexei Miller coming to Tehran for talks
Today, chairman of the Gazprom Management Committee Alexei Miller and representatives of the Iranian oil and gas sector will discuss future cooperation in Tehran.
Gazprom eyeing new markets
Gazprom is currently researching new markets and intends to begin additional gas pipelines projects in the near future, Gazprom CEO Alexey Miller said in an interview with on Rossiya 1 TV channel. "Diversifying routes is always …
Russian gas exports down 25%
Russia’s gas exports were down 25.1% to 184.4 billion cubic metres (bcm) in 2022 due to sabotage on the Nord Stream gas pipelines and European customers shunning Russian supplies, Deputy Prime Minister Alexander Novak said in an article for …
Russia, Kazakhstan and Uzbekistan to expedite negotiations on cooperation in gas sector
Russia came up with a proposal to create a "tripartite gas union" with Kazakhstan and Uzbekistan at the end of last year.
Russia’s oil and gas budget revenues down bay almost 50%
Oil and gas revenues of the Russian budget, according to preliminary data, amounted to 426 bln rubles ($5.96 bln) in January 2023 and decreased by 46% compared to January 2022, the Ministry of Finance said on Monday. "Oil and gas …
Kyrgyzstan boosts gas and oil imports from Russia
Russian exports of natural gas to Kyrgyzstan increased from January through November 2022, according to the National Statistical Committee of Kyrgyzstan. According to statistical data, Kyrgyzstan imported Russian natural gas for …
Russia may join TAPI gas pipeline
Russian Energy Minister Nikolai Shulginov said that the Russian side could join the TAPI gas pipeline project (Tajikistan-Afghanistan-Pakistan-India). "We do not deny the possibility of participating in this project", RIA …
Russia and Kazakhstan discuss issues of gas cooperation
First Deputy Prime Minister of Kazakhstan Roman Sklyar and Chairman of the Board of PJSC Gazprom Alexey Miller met in St. Petersburg, the parties discussed the main issues of bilateral cooperation between the two countries. The press …
Opportunities for regional integration provided by the China-Pakistan Economic Corridor
The China-Pakistan Economic Corridor (CPEC) is a centrepiece initiative of China’s Belt and Road Initiative (BRI). CPEC has evolved into an essential component of the BRI, connecting China’s western region to the rest of the …
Europe's focus on LNG destabilizes market
In 2022, global liquefied natural gas volumes hit a record high, driven by Europe’s scramble to replace Russian pipeline gas
Europe’s warm winter may not be such good news for energy
The last month has been a month of celebration in the European Union. Gas demand is down because of the unusually warm weather. As a result, prices are down, and the crisis, according to analysts, appears to be averted. The problem is that …
Turkey continues talks with Russia on gas payment deferral
Turkey continues negotiations with Russia on the deferred payment for natural gas, Minister of Energy and Natural Resources of Turkey Fatih Donmez said on Friday. "Negotiations with Russia on many issues are in progress. We are …
Gas export through Ukraine decreases, Gazprom says
The volume of daily transit through the Sudzha gas metering station in Ukraine decreased by 10%, from 42.2 mn cubic meters to 37.8 mn, RBC reports with a reference to the Gazprom statement. The company did not specify the reason for the …
Turkey launches work on gas hub project proposed by Russia
Turkey has started work on the gas hub project proposed by Russia, Turkish Energy Minister Fatih Donmez said. "We intend to take advantage of this project, there are opportunities and terminals for this," Donmez said in an …
