Contents tagged with Gazprom
The Ukrainian national gas pipelines operator Transmission System Operator of Ukraine (Gas TSO of Ukraine) filed an application for participation in the certification of Nord stream – 2, said the company’s general director Sergiy Makogon, stressing that the Russian gas pipeline threatens Ukraine’s national security.
The company said in a press release that Nord Stream 2 is not aimed at diversifying gas transportation routes. Moreover, the new pipe threatens the security of the gas supply to …
The U.S. Department of the Treasury is set to work with the Congress to punish Russia's Gazprom for activities that violate U.S. sanctions, said Deputy Secretary of the Treasury Wally Adeyemo during a speech in the Senate Banking Committee.
One of the senators criticized the U.S. Department of the Treasury for not imposing sanctions on the operator of the Nord Stream 2 pipeline project, Nord Stream 2 AG.
"We are committed to working with you on this committee to hold Gazprom accountable for …
The Kremlin has been unable to fill its budget after redirecting its gas policy towards the east after the annexation of Crimea and the beginning of the sanctions war with the West.
While spot gas prices in Europe and Asia exceeded $ 1,000 per thousand cubic meters, and in the United States soared at a record speed in 10 years, China continues to buy gas from the Russian gas giant Gazprom at bargain prices.
In the third quarter of 2021, the average cost of gas, which flows through the $9 …
Russian authorities are pushing for new long-term contracts with Gazprom to boost gas supplies and cool the European market, where prices have soared above $1900 per thousand cubic meters and storage reserves are at historic lows.
Russia already supplies the maximum possible volumes as part of the existing contracts, said Russian presidential spokesman Dmitry Peskov.
Contractual obligations are fulfilled "impeccably" and "at the top level", he stressed, adding that the supply of additional …
Members of the European Parliament responsible for the development of the current EU gas legislation sent a letter to the German gas market regulator urging it not to certify the Nord Stream-2 gas pipeline.
According to Bloomberg, MEPs are confident that the project does not meet the key requirement of the third energy package, namely, prohibiting one company to be both the owner of the pipeline and the gas supplier.
Nord Stream 2 AG, the construction operator and owner of the pipeline laid …
According to the data of the Hungarian gas transmission system operator FGSZ, Russian gas giant Gazprom has resumed gas delivery to Hungary through Ukraine, which was completely stopped on October 3.
According to FGSZ, the intake of gas through the Berehove station is currently 2.074 million cubic meters per hour.
On October 1, the Ukrainian Gas Transmission System Operator (OGTSU) reported that the transit of Russian gas to Hungary through Ukrainian territory had been stopped.
At the same …
On October 1, the Russian gas giant Gazprom began supplying gas to Hungary under a long-term contract concluded on September 27 through the Balkan Stream gas pipeline (an extension of the Turkish Stream) and the pipelines of South-Eastern Europe.
Gazprom previously reported that two contracts had been concluded with Hungary for up to 4.5 billion cubic meters of gas per year over 15 years period.
In 2020, Gazprom supplied 8.6 billion cubic meters of gas to Hungary.
Ukraine expressed …
The Polish oil and gas company PGNiG received the right to participate in the certification of the Nord Stream 2 gas pipeline, the company said in a statement.
"The German Federal Network Agency (Bundesnetzagentur, BNetzA) has granted Polskie Górnictwo Naftowe i Gazownictwo SA and its German subsidiary - PGNiG Supply & Trading GmbH participation in the certification proceedings for Nord Stream 2," the statement reads.
The Polish side argues that Nord Stream 2 does not meet the formal …
The European gas market after a short respite has soared again. On Monday, gas futures linked to spot prices at the Dutch TTF hub jumped by 13% and exceeded $ 900 per thousand cubic meters after the Russian gas giant Gazprom decided to drastically reduce gas deliveries through Poland and refused to book additional transit capacity through Ukraine.
At the last gas transit auction of the European GSA Platform, Gazprom booked only 31.4 million cubic meters per day through the Polish branch of the …
According to the press service of Gazprom, by the chairman of the company's board Alexei Miller announced at the morning operational meeting that the construction of the Nord Stream 2 gas pipeline has been fully completed.
According to Miller, the construction that lasted three years was completed on Friday, September 10, at 8.45 Moscow time.
According to Bloomberg, Gazprom plans to start supplying gas through the first line of the pipeline from October 1, and through both lines - from …