Contents tagged with Gazprom

  • German regulator reduced Gazprom's access to the OPAL system

    The German energy regulator, Bundesnetzagentur, has reduced the limit of use of the OPAL gas pipeline for Russian Gazprom to the same level that was installed before, to 50%. As stated in the press-service of the company on Facebook, "The German regulator reduced the limit for Gazprom to use the OPAL pipeline to its former 50% but the actual amount of this reduction has not yet affected the actual volumes."

    In late October, the European Commission allowed Gazprom to increase its pumping gas …

  • Naftogaz expects to be accused of gas theft from Gazprom

    Ukraine's Naftogaz expects to be accused of gas theft by Gazprom regarding its inability to ensure transit in connection with the severe frosts in Russia.

    As stated by the President of the Center for Global Studies Strategy XXI, Mykhailo Gonchar, in a Facebook post, Gazprom might not have enough gas to provide for all Russian and European consumers fully.

    “Arctic cold is quickly moving to the east, and even though Europe was affected for a couple of days, the real cold is in Russia. And …

  • Gazprom announces record-breaking deliveries through Nord Stream

    For three consecutive days, Gazprom has been reaching new records in volumes of gas transported through the Nord Stream pipeline, at a level of 165.5 million cubic meters per day, according to a statement from the company, Prime.ru reports.

    "Under the conditions of an increased demand for gas in Europe, Gazprom, for three consecutive days – January 4, 5 and 6, has been reaching new record volumes of gas sent through the Nord Stream pipeline, at 165.2 million cubic meters per day," the …

  • Gazprom allocated 310 million Euros for Turkish Stream pipeline

    The Board of Directors of Gazprom decided to provide a company called South Stream Transport B.V. with about 310 million Euros for the construction of the Turkish Stream gas pipeline, RIA Novosti reported, citing Gazprom documents.

    Details of the agreement were not disclosed, but it was specified that money would be spent for purchasing pipes and equipment, paying construction activities, purchasing necessary goods and administrative spending.

    Earlier, it was reported that South Stream …

  • Ukrtransgaz claims Gazprom does not provide sufficient gas pressure in pipeline at entrance of Ukraine's gas transport system

    PJSC Ukrtransgaz has documented Gazprom’s contract violations with regard to pressure in the pipeline at the entrance to Ukraine’s gas transport system, Ukrtransgaz press secretary Maksym Bilyavskiy posted on Facebook.

    "Gazprom continues to violate contract pressures, anyway. A sharp decline by 9% from the norm was recorded at the Russian station Sudzha. In spite of this, Ukraine fulfills transit application and provides necessary pressures at the western border,” he wrote.

    NJSC Naftogaz of …

  • Polish gas company says agreement between European Commission and Gazprom has been suspended

    The Polish national gas operator PGNiG said that the new agreement between the European Commission and the Russian company Gazprom on the use of the OPAL gas pipeline is suspended as of Tuesday, December 27th. This is due to the fact that the European Court in Luxembourg accepted the lawsuit, filed by PGNiG, against Brussels’ new treaty with Moscow. Thus, the new agreement will be frozen until a court in Luxembourg decides on the case.

    The European Court of Justice has not yet commented on the …

  • Media: Gazprom assets were nationalized in Turkey

    As reported by the the Kommersant newspaper in early December, Turkey essentially nationalized the Akfel Holding shares owned by Gazprom and Gazprombank. According to the newspaper’s sources, the gas dispute with Turkey is "already inevitable."

    The largest private importer of Russian gas to Turkey, Akfel Holding, is being effectively nationalized by the authorities in accordance with the emergency decree N674, adopted after July’s attempted coup in the country, the newspaper wrote. Gazprom, …

  • Russian Energy Minister: No more Russian-Ukrainian-EU format gas talks planned until the end of the year

    There will be no trilateral gas talks in the Ukraine- Russia- EU format for the supply and transit of Russian gas until the end of the year.

    This was announced on Saturday by the Minister of Energy of the Russian Federation, Alexander Novak, as Interfax reports.

    The resumption of Russian gas supplies to Ukraine, which stopped in the fall of 2015, now depends only on Naftogaz’s prepayment.

    "If the money is paid, the supply will resume. We have no dispute over the price, they have no debt. No …

  • Ukraine accused Gazprom of preparing a gas crisis

    Ukraine's Naftogaz believes that Russian Gazprom is preparing a new gas crisis in January and February 2017, as stated by the Ukrainian company's press-service.

    Earlier, Ukraine imposed a fine of 172 billion hryvnia on Gazprom. In turn, Miscow said that Kyiv may collect the fine by withdrawing gas. By doing so, the risk of disrupting the gas transit to the EU through Ukrainian territory is possible, the Russian company claims.

    "Naftogaz of Ukraine considers the statements of Gazprom about the …

  • Putin and Merkel discussed Ukrainian crisis and the supply of Russian gas to Europe

    The President of the Russian Federation, Vladimir Putin, and the Chancellor of Germany, Angela Merkel, had a telephone conversation during which both leaders discussed the supply of Russian gas to European consumers via Ukraine, as well as the Ukrainian crisis, the Kremlin’s website reported.According to the report, Putin stated that he is concerned that Ukraine has been evading the coordination of agreements on purchases of gas from Russia during this winter season. The Russian President …