Contents tagged with Gazrom
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Russia’s Gazprom faces crisis as Ukrainian Forces take control of Sudzha gas metering station
The Russian gas conglomerate Gazprom is reportedly in a state of panic over the gas measuring station at Sudzha, now under the control of Ukrainian armed forces. The station, crucial for pumping gas to Europe, is barely functioning, with no personnel on site. Reports the Moscow Times. Currently, the normal operation of the Sudzha gas metering station is not possible. The delivery volumes of gas into Ukraine's transmission network bound for Western Europe are not being monitored. The station …
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Hungary seeks new routes for Russian oil imports amid Ukrainian sanctions on Lukoil
Hungarian oil and gas company Mol has proposed a new scheme to transit Russian oil through Ukraine, under which Mol would take on responsibility for the supplies, according to the Russian news agency RBC. As Gergely Gulyás, Chief of Staff for Hungarian Prime Minister Viktor Orbán, told reporters, Mol is currently in discussions regarding this arrangement. Gulyás noted that while the new scheme would be more expensive and risky, it is part of Mol's efforts to find alternative solutions, as …
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Russia to stop supplying gas to Denmark
The Danish energy company Ørsted will stop receiving Russian gas, as it did not agree to the demands of the Russian gas conglomerate Gazprom to make payments in rubles.
"Ørsted lost access to gas supplies from the Russian Federation. Gazprom's subsidiary Gazprom Export, which sells gas to European countries, announced the termination of supplies to Denmark from June 1. As of the end of May 31 (the payment deadline stipulated by the contract), Gazprom Export had not received payment from Ørsted …
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Russia sharply increases gas supplies to Europe through Ukraine after Britain and US threaten to impose sanctions against Putin’s oligarchs
Russia is significantly increasing gas supplies to Europe through Ukraine amid negotiations with the West on security guarantees, where the Kremlin was offered a "carrot" in the form of negotiations on the non-deployment of missiles and a "stick" in the form of tough sanctions, including against the inner circle of Russian President Vladimir Putin.
Since February 1, Gazprom has doubled transit through the Ukrainian gas transit system and brought it almost to the volume required by the long- …
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Russia admits Nord Stream 2 may never be launched
The Russian gas pipeline Nord Stream 2 may not pass the EU certification procedure, said Russian Deputy Foreign Minister Alexander Pankin, reports RIA Novosti.
According to him, the certification process may last many months until the summer of 2022.
At the same time, the U.S. may impose new sanctions which will completely invalidate the North Stream 2 certification.
"We can imagine that the Americans will tell the Germans not to buy an ounce of Russian gas through Nord Stream. It may or may …
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Russia stops delivery of gas to Europe via Poland
Russia continues to tighten the gas noose around the neck of the European Union, stopping again its key export gas pipeline.
Starting Friday, December 17, the Russian gas conglomerate Gazprom will stop gas delivery through the Yamal-Europe pipeline, which supplies consumers in Germany through Belarus and Poland.
The auction held on Thursday for the gas delivery for a day ahead ended in vain: Gazprom refused to book any transit capacity, Interfax reports.
During the previous two weeks, Yamal- …
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Russia's Gazprom loses German court appeal to use 100 percent of Nord Stream 2 capacity
As Russian officials celebrated the opportunity to complete the Nord Stream 2 pipeline, Russia’s gas giant Gazprom was defeated in a key dispute over the future of the project.
On Wednesday, the Dusseldorf Higher Regional Court rejected the appeal of Nord Stream AG against the decision of the Federal Network Agency of Germany, which refused to remove the gas pipeline from the regulations of the third EU energy package of the EU.
The Swiss-based Nord Stream AG, a 100 percent subsidiary of the …
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Russia’s Gazprom reduces gas supplies to European storage facilities
Beginning Saturday, July 31, Russian gas giant Gazprom reduced supply of gas to underground storage facilities in Europe, reports Interfax with reference to the data of the website Gas Infrastructure Europe.
The most used storage facilities in Europe, Haidach in Austria, Rehden in Germany and Bergermeer in the Netherlands, will receive less gas from Gazprom. Usually, gas supply increases over the weekend, because industrial demand subsides and unclaimed volume can be sent to storage …
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Construction of Nord Stream 2 pipeline delayed by half a year
The completion of the Nord Stream-2 pipeline continues to be postponed.According to Interfax, the operator of the project, Gazprom's Swiss-registered subsidiary Nord Stream 2 AG, has postponed the completion date in Danish territorial waters by another five months. About 160 km of pipe remain to be laid there.In a new Notice to Mariners published by the Danish Maritime Authority, the company says it plans to continue work until September 2021. Two months ago, in a similar document, the deadline …
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Gazprom to create Russian YouTube alternative
In 2021-2022, Gazprom-Media Holding will introduce two online content management platforms to the Russian market - similar to the American YouTube platform, said the head of the holding, Aleksandr Jarov, at the roundtable of the National Advertising Forum.
"We now have a Rutube platform in our portfolio. We have been working on it for a long time, about a year, to modernize it, to make it, in terms of the available tools, not worse than YouTube, and in terms of various monetization mechanisms …