The EU will soon present its plan to phase out Russian oil and gas imports. The EU intends to unveil a detailed strategy in May for the elimination of Russian oil and gas imports by 2027, driven by Russia’s full-scale invasion of Ukraine. However, the European Commission has ... #AnnaKaisaItkonen #EnergyIndependence #EUenergy #LNG #RussianEnergyResources #RussianGas
How much will Putin’s military machine gain from restarting Nord Stream 2? Industry experts report that there has been interest shown by both the US and Russia in resuming the Nord Stream 2 gas pipeline’s operations, which would provide Putin’s military machine w... #GasTransit #nordstream2 #RussianEconomy #RussianGas #RussiaProfits
Czechia spent €8.2B on Russian oil and gas last year despite the availability of alternatives. According to the CSD, the Czech Republic’s expenditure of over €8.2B on Russian hydrocarbons in the previous year is 500% greater than the aid it has provided to Ukraine since the onset of the full-sc... #Bulgaria #CzechRepublic #RussianEnergyResources #RussianGas #RussianOil #TALpipeline
Germany has rejected the notion of returning to Russian gas purchases from Russia utilizing Nord Stream. The country does not intend to abandon Russian sanctions and, specifically, will not revert to direct Russian gas purchases, stated Christiane Hoffmann, deputy spokesperson for the federal government.... #ChristianeHoffmann #EnergyIndependence #Germany #NordStream #RussianGas #RussianLNG
How is the Kremlin trying to drive Kyiv and Washington apart and disrupt peace talks? The Kremlin is ramping up its campaign to discredit Ukraine. As reported by the General Staff of the Armed Forces of Ukraine, Russia shelled the Sudzha gas metering station in the Kursk region and bla... #GasTransit #Gazprom #Kremlin #PeaceTalks #RussianGas #RussianUkrainianNegotiations #Sudzha
Russia’s European neighbors oppose resuming purchases of Russian energy. Any talk of a return to Russian oil and gas is premature and threatens Europe’s security interests, warn EU countries bordering Russia, amid growing speculation that a US-brokered peace deal cou... #Estonia #Finland #Lithuania #MarkRutte #RussianEnergyResources #RussianGas #RussianOil
The US has increased sanctions pressure on Russia by banning foreign companies from making payments for Russian energy resources. European countries can no longer buy oil from Russia. On March 12, the license that permitted Russian banks – such as Sberbank, Alfa-Bank, and the Russian Federation’s Central Bank – to conduct ... #DruzhbaPipeline #Gazprom #Germany #NordStream #RussianGas #RussianOil #SanctionsAgainstRussia
The prospect of a peaceful settlement is prompting Europe to consider resuming Russian gas supplies. Amid discussions about a potential end to the war in Ukraine, European officials are starting to contemplate renewing Russian gas purchases. The Economist notes that some officials are already “... #EnergyIndependence #EUenergy #GasSupplies #PeacePlan #RussianGas #WarEnding
France and the EU continue to help Russia finance its war against Ukraine through gas and fertilizer purchases. According to an analysis by Friends of the Earth, while total Russian gas imports to the EU have decreased since 2021, imports of LNG and nitrogen fertilizers are on the rise. From 2021 to 2022, Russi... #France #RussianFertilizers #RussianGas #RussianLNG #RussiaProfits #SanctionsAgainstRussia
The EU is discussing a return to imported Russian pipeline gas as part of a potential peace deal in Ukraine. Advocates of resuming these purchases argue that this “will lead to lower energy prices in Europe, encourage Russia to engage in negotiations, and provide both sides with reasons to establish an... #GasTransit #Hungary #PeaceTalks #RussianGas #WarEnding
Germany has increased its purchases of Russian LNG by over 500% through other EU countries. Although Germany has banned tankers carrying Russian LNG, it continues to acquire it through other EU nations. For instance, the energy company Sefe, which was formerly owned by Gazprom and was nation... #Belgium #Gazprom #Germany #RussianGas
The EC may delay its plan to phase out Russian LNG. The European Commission is likely to postpone the planned publication date of a roadmap for phasing out the last types of Russian fuel imports, including liquefied natural gas, Bloomberg reports. The ... #AndrzejDuda #GasTransit #NordStream #RussianGas #RussianLNG
The EC continues to work on a roadmap to eliminate Russian gas. The European Commission is working on a roadmap to end its dependence on Russian gas, said EC spokesperson Anna-Kaisa Itkonen. “Much has already been done. With the advent of the new year, an im... #AnnaKaisaItkonen #energyEU #EnergyIndependence #EUgas #EuropeanCommission #RussianGas
The US calls the suspension of Russian gas transit through Ukraine one of Moscow’s biggest and most expensive defeats. Ukraine’s decision to stop transporting Russian gas through its territory was one of Moscow’s largest and costliest defeats, White House adviser John Kirby believes. According to him, Russ... #AustrianOMV #GasTransit #JohnKirby #RussianGas #UkraineGTS #Zelenskyy
How much will Ukraine and Russia lose from stopping gas transit? Stopping Russian gas transit through Ukraine deprives Russia of some income, but the European gas market is not entirely lost for Moscow. In 2024, Gazprom sold gas worth about $6B through Ukraine. Ana... #GasTransit #Gazprom #RussianGas #TurkeyStream #UkrainianGTS
How does the end of Russian gas transit through Ukraine affect the European market? European natural gas prices rose for the third week as the market grapples with dwindling inventories and supply constraints after the loss of Russian gas flows through Ukraine on January 1, 2025. ... #EnergyIndependence #EuropeanGasMarket #GasTransit #LNG #RussianGas
Ukraine will cease the transit of Russian gas on January 1, but pro-Russian EU leaders have not given up hope for its continuation. Beginning January 1 2025, the Ukrainian GTS will be able to transport gas of Russian origin only at the request of the European Commission, Prime Minister Denys Shmyhal said. At the same time, accordi... #DenysShmyhal #DruzhbaPipeline #GasTransit #RobertFico #RussianGas #RussianOil #VictorOrban
Europe struggles to rid itself of its dependence on Russian gas. The EU is gradually increasing the share of Russian gas in total gas imports. After the start of the full-scale Russian invasion of Ukraine, this share collapsed, but over the past year, it has grown ... #EnergyIndependence #EUenergy #GasTransit #Hungary #NorwayGas #RussianGas #RussianLNG #Slovakia
Hungary has become a trading center for Russian gas, but the country’s energy security does not justify increased purchases. Attila Holoda, former head of Hungarian oil and gas company MOL, noted: “Hungary has become a trading center for Russian gas. While Europe is moving away from Russian energy sources, Hungary is ... #AttilaHoloda #GasTransit #Gazprom #Hungary #MOL #RussianGas
Ukraine will stop the transit of Russian gas beginning January 1, 2025; if necessary, it will import through Slovakia and Poland. The halt of Russian gas transit through the territory of Ukraine from January 1 will become a reality, said Deputy Head of the Ministry of Energy Roman Andarak during the Ukrainian Energy Security Dia... #DmytroLippa #GasTransit #PolishGazSystem #RussianGas #Slovakia #UkraineGTS
Russia is preparing to stop gas transit through Ukraine, while its oil and gas revenues have increased by 26% over the year. In its internal plan for 2025, Russian Gazprom assumes that gas will no longer flow to Europe via transit through Ukraine. This is the base scenario that Russia is considering, writes Reuters. It is p... #GasTransit #Gazprom #RussianGas #RussiaProfits #UkraineGTS
The war in Ukraine will force Europe into a new energy crisis. The war in Ukraine has contributed to a rise in gas prices by about 45% this year. Bloomberg writes that although the price level is still below 2022’s record levels, it is high enough to strain... #EnergyCrisis #gasprices #gasstorage #GasTransit #RussianGas
The EU’s refusal to buy Russian gas will deprive the aggressor of $6.5B annually. The European Union’s willingness to abandon Russian gas and the cessation of its supply to the EU benefit Ukraine, as it deprives the aggressor country of annual budget revenues of $6.5B, noted ... #Austria #EnergyIndependence #GasTransit #RussianGas #Slovakia #TurkishStream #UkraineGTS
The EU is ready to end Russian gas transit through Ukraine and condemns Hungary for its agreements with Gazprom, said European Commissioner for Energy Kadri Simson after a meeting of energy ministers in Luxembourg. “We knew this contract would expire before the end of the year. The EC is working closely wi... #EnergyIndependence #GasTransit #Gazprom #Hungary #KadriSimson #RussianGas
The EU is considering two options for gas transit through Ukraine. Energy ministers from European countries are discussing the import of Russian natural gas against the backdrop of Ukraine’s suspension of transit beginning December 31. Kyiv and Moscow have stat... #Azerbaijan #GasTransit #Gazprom #RussianGas #SOCAR
Is Ukraine ready for winter without the transit of Russian gas? Ukraine is technically ready to get through the winter without the transit of gas through its territory, which is scheduled to stop entirely on December 31, said head of Naftogaz Oleksiy Chernyshov. N... #DTEK #Energoatom #energyukraine #GasTransit #HeatingSeasonUkraine #Naftogaz #RussianGas
Slovakia has increased its arms exports to Ukraine but has plans to convince Ukraine to maintain transit of Russian gas after 2024. Bratislava is actively selling weapons to Ukraine even though current Prime Minister Robert Fico came to power criticizing his political opponents for helping Ukraine. He called his political rivals t... #GasTransit #RobertFico #RussianGas #Slovakia #WarinUkraine #WeaponsExport
Experts have proposed a strategy to reduce Russian gas revenues. Since the start of the full-scale war, Russia has generated almost €800B from the sale of energy resources, of which €33B has been paid by EU countries for Russian LNG. The Center for Economic Strateg... #RussianGas #RussianLNG #RussiaProfits #SanctionsAgainstRussia #WTO
Moscow is preparing two scenarios that would allow continued gas transit to the EU; Ukraine states that on is impossible. According to analysts, Russia is considering two scenarios for its return to the European gas market. The first involves the launch of the Nord Stream’s surviving thread, with a capacity of 27.5... #AzerbaijaniGas #GasTransit #NordStream #RussianGas #UkraineGTS
Aliyev: Negotiations on the continuation of Russian gas transit through Ukraine continue. The President of Azerbaijan, Ilham Aliyev, expressed confidence in the effectiveness of negotiations with Russia and Ukraine to ensure the continuation of gas supplies through Ukraine to several Europ... #Azerbaijan #GasTransit #IlhamAliyev #RussianGas #UkraineGTS
Moscow is trying to create a joint project with Azerbaijan to prevent the loss of the EU market. The idea is that Azerbaijan, which needs more gas to supply to the EU, will receive gas from Russia to sell to the EU. “Of course, the Russians will not give their contracts to SOCAR, but acting... #GazpromSocar #RussianGas #RussianGasforEU
What risks does the transit of Azerbaijani gas through Ukraine from the Russian Federation entail? Mykhailo Gonchar, President of the Center for Global Studies Strategy XXI, warned that even after the contract for the transit of Russian gas through Ukraine expires in 2025, there is a risk of contin... #AzerbaijaniGas #GasTransit #RussianGas #UkraineGTS
Ukraine and Russia will continue to transport fuel despite the fighting in the Kursk region. The application for the transit of Russian gas through the territory of Ukraine on Tuesday increased by 7% compared to the nomination on August 12. The volume of the confirmed nomination through the S... #GasTraders #GasTransit #Kursk #RussianGas #Sudzha #UkraineGTS #WarinUkraine
Russian Gazprom can use the fighting near Sudzha as a reason to stop gas transit; what consequences will this have for the EU and Ukrainian markets? According to Reuters, there is a risk that Gazprom could use the fighting near the Sudzha gas station, through which Russian gas transits through Ukraine to EU countries, as a reason to stop gas suppl... #GasTransit #Gazprom #RussianGas #SerhiyMakogon #Sudzha #UkraineGTS
The Russian Academy of Sciences predicts the collapse of the aggressor state’s oil and gas economy. Russia will have to bid goodbye to its “energy superpower” status. Having lost access to Western technologies and key markets for the sale of raw materials, Russia will not be able to retu... #Gazprom #GDPrussia #HydroCarbonProduction #RussianEconomy #RussianGas #RussianOil
Russia seeks to maintain gas transit to the EU through Ukraine, but Kyiv is against it, although several EU states are interested. Russia wants to continue supplying gas to the EU through Ukraine’s gas transport system after the current transit contract expires at the end of the year, Russian Deputy Prime Minister Oleksandr... #GasSupplies #GasTransit #RussianGas #UkraineGTS #Zelenskyy
While Russia recovers from the loss of the EU gas market, Turkey is expanding its gas pipeline’s capacity to Europe. Russian Gazprom will not be able to restore its volume of gas exports lost due to the war in Ukraine for at least 10 years, writes FT. It is predicted that Gazprom’s gas exports to Europe will a... #GasImport #Gazprom #PowerOfSiberia2 #RussianGas #TransAnatolianGasPipeline #Turkey
Germany and the Czech Republic have led the energy revolution in the EU and want to eliminate the remaining 20% of imports from Russia. Germany and the Czech Republic are calling on the EU to do more to cut the last 20% of Russian energy imports. The countries are asking for the creation of a working group to determine ways to gradual... #CzechRepublic #EnergyIndependence #EnergySourcesRussia #EUenergy #Germany #LNG #RussianGas
IMF: The EU will completely abandon Russian energy sources by 2030. According to the IMF, the EU has stopped importing coal and most oil from Russia. Imports of Russian gas to the EU have also been decreasing since 2021, and after the beginning of the full-scale war, ... #EnergyIndependence #EnergySourcesRussia #EUenergy #imf #RussianFossilFuels #RussianGas
The EU will introduce sanctions against Russia’s LNG, hitting Moscow and its Asian partners. In the next package of sanctions against Russia, the EU seeks to ban the use of its ports for the re-export of liquefied natural gas. As Bloomberg points out, although blocking access will not prevent... #EUsanctions #LNG #RussianGas #RussianLNG #SanctionsAgainstRussia
The Russian gas monopolist has recorded a loss for the first time in a quarter of a century due to the loss of the European market. The export of petroleum products from the Russian Federation has fallen to a two-year low. Due to a sharp reduction in supplies to Europe in 2023, the Gazprom corporation lost ₽629B ($6.8B). According... #Gazprom #OilRefineryRussia #RussianGas #RussianOil #RussiaProfits #SanctionsAgainstRussia
During the years of the war against Ukraine, revenues from the Russian Federation’s gas exports have decreased fourfold. The failed attempt to freeze Europe, which deprived Russia of a key natural gas sales market, has collapsed gas revenues in the Russian budget, say analysts from the Russian Gaidar Institute. Accordin... #GasTransit #Naftogaz #RussiaBudget #RussianEconomy #RussianGas
Europe has ended its dependence on Russian gas but is now hooked on Russian fertilizers. After the invasion of Ukraine, the Russian Federation sharply reduced the supply of pipeline gas to the EU, in an attempt to put pressure on European governments. Instead, the EU began to build infras... #EnergyIndependence #EUenergy #LNG #RussianFertilizers #RussianGas #RussianTrade
Western countries are involved in 96% of Russian LNG exports. The maritime industries from countries supporting Ukraine, including members of the G7 and the EU, provided for more than 90% of Russian exports of liquefied natural gas in 2023, totaling €15.5B. 96% ... #EnergyIndependence #energysanctions #LNGimport #OilEmbargo #RussianGas #RussianLNG
Ukraine suffers $400 million in losses per year due to the transit of Russian gas. Naftogaz of Ukraine is suffering significant losses from the transit of Russian gas, the chairman of the company’s board, Oleksiy Chernyshov, said. Since May 2022, Ukraine has stopped gas transit thro... #GasTransit #Naftogaz #OleksiyChernyshov #RussianGas #UkraineGTS
The EU does not plan on negotiating with Russia regarding gas transit through Ukraine, while Kyiv is open to some options. The European Commission does not plan to engage in any contact with Russia to continue the transit of Russian gas to European countries through Ukraine’s GTS. European Energy Commissioner Kadri ... #DenysShmyhal #GasTransit #KadriSimson #REPowerEU #RussianGas #UkraineGTS
The EU will not extend the contract to transit Russian natural gas through Ukraine. As European Commissioner for Energy Kadri Simson stated: “We are not interested in extending the tripartite gas transit agreement, which expires at the end of this year.” According to her,... #EUenergy #EUEnergyindependence #GasTransit #KadriSimson #RussianGas
The G7 is going to tighten controls on the export of Russian hydrocarbons. The G7 countries are planning to strengthen their rules for limiting prices for importers of Russian oil starting February 20.Currently, carriers and insurance companies must provide a declaration con... #RussianGas #RussianLNG #RussianOilEmbargo #RussianOilPriceLimit
The EU plans to abandon the transit of Russian gas through Ukraine after the end of the current contract. EU executives argue that even the countries that are most dependent on Russian supplies, including Austria and Slovakia, can find alternative sources in the event of a supply cut. Covering the deficit... #GasforEU #GasTransit #GasTransitUkraine #RussianGas
Fico wants Russian gas to flow through Ukraine after 2024, but Ukraine dashed these hopes. Slovakia is discussing with Ukraine the continuation of Russian gas transit after the end of the current contract, which expires at the end of 2024, the country’s Prime Minister Robert Fico said... #Gazprom #RobertFico #RussianGas #RussianGasTransit #UkrainianGTS
