Contents tagged with Russian gas

  • Poland urges Europe to abandon Russian gas

    Polish Foreign Minister Witold Waszczykowski has said that his country does not intend to extend its gas supply contract with Russia, which is set to expire in 2022.

    In an interview with the Polish Radio, he stressed that Warsaw calls on other European countries to follow its example with regard to the Nord Stream 2 project.

    He cited Croatia as an example, which has the potential to diversify gas supplies to the EU.

    "We want to finish the Russian contract in 2022. Moreover, we urge other …

  • Russian Gazprom supplied 1.5 billion cubic meters of gas to separatist-controlled territories of Donbas

    Russian Gazprom has supplied 1.5 billion cubic meters of gas to the Donbas for 9 months of 2017, as stated in the report of the Russian gas company for the third quarter of 2017, the text of which is available to UNIAN.

    In particular, the document’s section of supplies to the CIS countries indicates that 1.58 billion cubic meters of natural gas were supplied to Ukraine, though Naftogaz stopped purchasing Russian gas in November 2015.

    On October 24, Andriy Kobolyev, the head of the Ukrainian …

  • Medvedev says EU attempting to force Russia to abandon Nord Stream 2

    The EU is expanding the requirements of the Third Energy Package to force Russia to abandon the construction of the Nord Stream 2 gas pipeline, as stated by Russian Prime Minister Dmitry Medvedev after participation in the ASEAN summit and the East Asian summit in the Philippines, TASS news agency reported.

    “In all likelihood, this is a way of putting pressure on our country to either force us to abandon the construction of the second line of Nord Stream, or somehow complicate this work,” …

  • Gazprom completes Turkish Stream construction on Russian territory

    Russian gas conglomerate Gazprom has completed construction on the offshore sections of the two Turkish Stream lines on the territory of the Russian Federation, and has begun construction of the first line within the Turkish Exclusive Economic Zone (EEZ),  Prime news outlet reported, citing South Stream Transport B.V.

    "On November 4, 2017, the first line of the Turkish gas flow entered the Turkish Exclusive Economic Zone. Pioneering Spirit, the world’s largest construction vessel, laid into …

  • Subsidiary of Russian Gazprom spends nearly $1 million on lobbyists in the US

    Between July and September, the Swiss company Nord Stream 2, which is planning the construction of the Nord Stream 2 gas pipeline from the Russian coast to Germany, spent at least $880 000 on lobbying their own interests in Washington with respect to the implementation of the project under the new US sanctions, RBC reports. Nord Stream 2, which is 100% owned by Gazprom, approached three lobbying firms, making contracts with them in July, before US President Donald Trump signed CAATSA, the new …

  • Ukraine increases transit of gas to a new record

    According to 9 months of records, the transit of gas through the Ukrainian gas transportation system amounted to a record 70.4 billion cubic meters of gas, which is 23.5% more than the volume of transit for the same 9 months last year, as reported by Naftogaz of Ukraine.

    As noted, this is the highest level in the last 9 years.

    In addition, according to the company, 8.5 billion cubic meters of gas have been pumped into Ukrainian storage facilities, which is 44% more than last year. As of …

  • Nord Stream pipeline partner: American sanctions will have a major impact on the financing of the project

    New US sanctions against Moscow will impact the financing for the Nord Stream 2 pippeline project, as expressed by the President of the German-Russian Foreign Trade Chamber and the CEO of Austrian energy company, OMV Rainer Seele, DW informs.

    "It will not be possible to organize project financing involving US banks, we will have to work with Asian banks,” he stated.

    According to Seele, the assessment is being conducted to determine the consequences of the new US sanctions on the Nord Stream …

  • Gazprom to increase gas transit through Ukraine

    Gazprom has applied for an increase of gas transit through Ukraine to 315 million cubic meters per day, according to the press service of NJSC Naftogaz of Ukraine.

    Gazprom’s daily application for increase has grown by 47 million cubic meters in the last week. Naftogaz is ready to ensure the implementation of the enlarged applications in full amount, although such significant fluctuations in the volumes of transit are not specified in the contract terms between Naftogaz and Gazprom.

    Naftogaz …

  • Poland plans to abandon Russian gas in five years

    In five years Poland plans to significantly cut natural gas supplies from Russia or even completely abandon them, as stated by Polish Foreign Minister, Witold Waszczykowski.

    The current contract for the supply of Russian gas to Poland is in effect until January 1, 2020. The Foreign Minister said that it can be extended only if Russia offers a price lower than the current one.

    "Maybe, yes. But only if Russia offers a much lower price than it is today," said Waszczykowski.He noted that Poland …

  • Bulgaria declares its readiness to receive gas from TurkStream

    In the event that Russia halts gas supplies through Ukraine, Bulgaria is ready to accept all of the gas intended for Europe through a second TurkStream pipeline,  stated by the country's Prime Minister Boyko Borisov. “If Russia stops pumping 3 billion cubic meters through Ukraine, then we will buy this amount through TurkStream.”

    The Bulgarian Prime Minister noted that a few weeks ago he signed an agreement for the supply of 15.7 billion cubic meters of gas. “And tomorrow we will sign a …