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Articles with tag "Gas"
unsevered pipelines
Gazprom’s June Exports to Europe Jump From 2023 – Reuters
Gazprom’s EU exports averaged 81.8 million cubic meters per day in June, up from 66.8 million cubic meters per day in June 2023, according to Reuters’...
earnings rebound
Russian Oil and Gas Revenues Surge in June – Reuters
The estimated 812 billion rubles in revenues would mark a more than 50% year-on-year increase — up from 529 billion rubles in June 2023.
1 Min read
unpromising prospects
As Power of Siberia 2 Pipeline Stagnates, So Do Russia's Hopes for Pivoting Gas Exports Eastward
Are there any other options left for Gazprom to boost its foreign sales after its main export direction — to Europe — has nearly been severed?
5 Min read
diminishing volumes
Germany's Uniper Awarded 13 Bln Euros for Lost Russian Gas
Gazprom steadily dwindled gas supplies to Germany following the full-scale invasion of Ukraine in apparent retaliation for Western sanctions.
2 Min read
european banks
Russia Seizes Deutsche Bank, UniCredit Assets
The banks had been guarantors of a major gas processing and liquefaction plant in cooperation with Germany's Linde, which quit the project due to the war...
1 Min read
news
Fire at Russia Gas Terminal Caused by 'External Factor' – Novatek
The operator said there were no victims and the fire was "currently localized," at the site 110 kilometers (70 miles) west of St Petersburg near the Estonian...
2 Min read
belt-tightening
Russia's Gazprom Plans Investment Cut as Exports Drop
Gazprom's investment program for next year, spent on energy projects and infrastructure, will drop about 20% year-on-year to 1.57 trillion rubles ($17...
1 Min read
deepening dependence
Putin Arrives in Beijing Seeking Diplomatic, Economic Support from ‘Dear Friend’ Xi
The Kremlin hopes to secure commodity contracts, agreements to share cutting-edge technologies and a declaration of Beijing’s backing of Moscow.
4 Min read
energy project
Putin Launches Russian Gas Shipments to Uzbekistan
Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia's industry hit by a flurry of Western...
1 Min read
'kind of pause'
Turkey Casts Doubt on Need for New Russian Gas Hub
Putin first raised the idea of creating "a gas hub in Turkey for supplies to other countries" during talks with Erdogan in Kazakhstan last October.
2 Min read
power of siberia 2
Russia to Finalize Route for Gas Pipeline to China
Moscow plans to start building the pipeline next year, but the schedule for its completion remains unclear.
1 Min read
Safety measure
Russia To Suspend LPG Exports From Southern Port Over Drone Attacks
"Taman is suspending LPG transshipment as it is dangerous after all those attacks — the gases are most explosive," a source told Reuters.
1 Min read
tax increase
Russian Energy Giant Gazprom Posts Big Drop in Profit
The company reported a profit of 1.2 trillion rubles ($15 billion) for 2022, down 41% from the previous year.
2 Min read
cutting back
Russian Gas Production Down 10% in 2023
Rerouted supplies to China have so far proved unable to compete with pre-war exports to the European Union.
1 Min read
falling short
Russia Forecasts $1.5Bln Shortage in Excess Oil and Gas Revenue
The Finance Ministry said it will sell 74.6 billion rubles ($940 million) worth of foreign currency to cover the expected shortage.
1 Min read
FRESH TWIST
Gazprom Invited to Recover Object Found Near Nord Stream Pipeline
Experts believe the object could be a signal antenna used to activate explosives in one part of the pipeline.
2 Min read
Pivot to Asia
Second Russian Pipeline Delay Sign That China Holds 'Upper Hand' — Analysts
Analysts say that China has emerged as a winner from the war in Ukraine as Russia desperately seeks to shift its gas exports from traditional markets in...
2 Min read
Pivot to Beijing
Russia Reports Record Gas Supplies to China via Siberian Pipeline
Russian energy giant Gazprom announced a record level of daily gas volume supplied to China through the Power of Siberia pipeline on Tuesday.
2 Min read
energy war
Putin Warns of Efforts to 'Hinder' Gazprom's Work
President Vladimir Putin lashed out Friday against "direct attempts" to hinder the work of Russian gas giant Gazprom, at the center of deteriorating ties...
1 Min read
Steep fall
Russian Gas Exports Sink by 25% Despite Rise in Oil Sales
The European Union, once the largest buyer of Russian gas, drastically reduced its imports last year.
2 Min read
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