Russian gas exporters’ profit decreased by three times, while Turkey saved $2B thanks to Russian oil. According to the results from January – November, Russian gas export turnover fell by three times, the Federal Customs Service of Russia reported. Gas supplies decreased in value by 69%, and in ... #RussianGas #RussianOil #RussiaProfits #SanctionsAgainstRussia
Russian exports to the EU decreased by $70B in the first half of the year. The largest drop was recorded in the hydrocarbons segment, particularly gas, crude oil, and petroleum products, which amounts to about $63B. The situation is worse with semi-finished products made of ... #Russiaexport #Russiandiamonds #RussianGas #RussianTrade #SanctionsAgainstRussia
The EU is seeking to sever energy ties with Russia permanently. The EU will eliminate Europe’s dependence on Russian fossil fuels during this decade, writes The Guardian. It is noted that the EU expects Russian gas imports to fall to 40-45 billion cubic mete... #EnergyIndependence #energysanctions #LNG #RussianFossilFuels #RussianGas
Russian oil still finds its way to Germany, while the country seeks to replace Russian gas with Ukrainian biomethane. Following the attack on Ukraine, EU oil operations with Russia were prohibited. However, according to Süddeutsche Zeitung, although Russian oil can no longer be imported into Germany, the country̵... #biomethaneproduction #gascrises #Rosneft #RosneftDeutschland #RussianGas #RussianOil
The EU has no alternatives to replace the 8% of its gas that is received from Russia. According to European Commissioner Kadri Simson, if consumption is reduced the EU will save another 65 billion cubic meters by March 2024, but it will not be possible to reduce gas consumption by anot... #EUenergySystem #HeatingSeason #KadriSimson #RussianGas
Ukraine can continue gas transit from Russia if European countries need it. According to the chairman, Oleksiy Chernyshov, Naftogaz is losing money with the current agreements, as Russia transports much less gas than it should do according to its contractual obligations. R... #GasTransit #Gazprom #Naftogaz #OleksiyChernyshov #RussianGas
EU gas reserves have reached an absolute record, and pipeline supplies from Russia continue at maximum capacity. Gas volumes in the EU have risen to their highest level ever and continue to grow, according to data from Gas Infrastructure Europe. The current inventory level has reached 92.65%, 12% higher than the... #EUgassupply #GasStorageEU #LNG #RussianGas
Kyiv is ready to continue the transit of Russian gas to the EU without contracts with the aggressor. As the Ambassador of Ukraine to Moldova, Marko Shevchenko, explained, transit after 2024 can be extended by agreement with importers. “Ukraine will not initiate negotiations on extending the agr... #GasforEU #GasTransitUkraine #RussianGas
The EU has increased the import of Russian gas, and Hungary is preparing to use the Turkish Stream for this. According to Energy Intelligence, Russian pipeline gas exports to Europe continued their recent upward trend in the first half of August. And average daily flows reached the highest level since August... #GasImport #PeterSijarto #RussianGas #TurkishStream
Ukraine rejects the possibility of negotiations with the Russian Federation regarding gas transit after 2024. Ukraine will not negotiate on the extension of the transit contract after its completion, said Energy Minister German Galushchenko. “The contract, which provides for the transit of gas from Russ... #gascrises #GasTransit #GermanGalushchenko #RussianGas #UkrainianGTS
Without the EU market, pipeline exports of Russian gas will drop by 62%. Russian business media reported that the export of gas to the European region will fall from 206 billion cubic meters in 2021 to 80 billion cubic meters in 2023. Due to sanctions against Russia and Ga... #GasImports #Gazprom #RussianGas #SanctionsAgainstRussia
The gas war with the EU has deprived Russia of $28B in revenue. The loss of the European gas market, which accounted for almost 80% of Gazprom’s exports, will cost the Russian federal budget $28B in tax revenue this year, according to Vygon Consulting. Gazpr... #Gazprom #RussiaBudget #RussiaGasExport #RussianGas
For the first time, Europe imported more liquefied natural gas than pipeline gas. According to Institute of Energy data, imports of liquefied natural gas to Europe in 2022 exceeded the volume of pipeline imports for the first time. This suggests that the continent is rapidly rebuil... #GasImport #LNG #LNGimport #RussianGas
Gas prices increased after the Wagner coup over the weekend in Russia. Natural gas futures in Europe were little changed at €32 per megawatt hour, after rising more than 10% earlier, as investors monitor supplies following the short rebellion in Russia over the weekend. ... #EUgasStorages #GasImport #gasprices #RussianGas
The supply of Russian gas to Europe will fall to a record low. The reason is that Gazprom is halting supplies through the Turkish Stream pipeline for maintenance. According to the company, the planned annual gas pipeline maintenance will last from June 5 to 12. A... #gascrises #Gazprom #RussianGas #RussianGasTransit #TurkishStream
The EU has declared independence from Russian energy resources, and gas prices have broken a psychological low. As reported by the European Commission, this was achieved thanks to the EU’s plan to reduce gas consumption. It is noted that the EU has stopped importing coal and oil from the Russian Federation, and... #EUGasPurchase #gasprices #RussianEnergyResources #RussianGas
The G7 and the EU will not resume importation of Russian gas supplies to Europe. The Group of Seven (G7) countries and the EU plan to ban the import of Russian gas along routes where Moscow has previously cut supplies, reported Bloomberg. This decision will prevent the resumption ... #DruzhbaPipeline #Gazprom #RussianGas #RussianGasTransit #SanctionsAgainstRussia
The transit of Russian gas through Ukraine has reached last year’s figures. On February 22, Russia’s Gazprom increased gas transit by 4%, to 42.1 million cubic meters, to Europe through Ukraine utilizing the Suja gas measuring station, according to the Operator of GTS o... #GasTransitthroughUkraine #Gazprom #RussianGas
The daily transit of Russian gas through Ukraine is at a historic low. Since January 19, the daily transit of Russian gas through Ukrainian territory has decreased by more than 20% to a new historical minimum, said the former head of the Ukrainian GTS Operator, Serhii Ma... #GasTransitViaUkraine #RussianGas #SerhiyMakogon #UkraineGTS
The EU has become the world leader in LNG import. According to 2022’s results, the European Union became the world’s largest buyer of liquefied natural gas, ahead of China, Japan, and South Korea, according to data from Refinitiv. Thus, against... #LNGforEU #LNGimport #RussianGas
Russia reduced the daily gas transit through Ukraine by another 10%. On January 4, the Russian Federation reduced the daily natural gas transit through the Ukrainian GTS to Europe by another 10%, to 38.4 million cubic meters per day. ExPro analysts calculated that this... #RussianGas #RussianGasTransit #UkrainianGTS
Russian gas flows to the EU were unaffected by a pipeline explosion. An explosion hit a Russian natural-gas pipeline that goes to Ukraine for further supply to Europe, reported Bloomberg. The blast occurred on a section of the Urengoy-Pomary-Uzhgorod link. However, the... #GasPipelineExplosion #RussianGas #RussianGasTransit
The Russian shelling threatens gas transit to the EU. The trickle of natural gas still flowing through Ukraine to western Europe is at risk after Russia’s attacks on energy infrastructure led to blackouts in much of the region. Emergency power cuts impo... #GastransittoEU #RussianGas #SerhiyMakogon #UkraineGTS
The EU has declared readiness for the winter without Russian gas. Europe is ready for a winter without Russian gas, Energy Commissioner Kadri Simson said. Simson noted that the EU is prepared for winter, even if Russia stops supplying gas. According to the commissio... #GastoEU #KadriSimson #RussianGas
Russia’s “scorched earth tactics” won’t help Putin win the war, reported CNN. Scholz told members of the German Parliament that Russian President Vladimir Putin is using energy and hunger as weapons, adding that such scorched earth tactics will not help tip the sc... #OlafScholz #RussianGas #WarinUkraine
The EU has already replaced two-thirds of its imported gas from the Russian Federation. The EU is ridding itself of its dependence on Russian gas faster than expected. In just eight months, European countries have found replacement options for two-thirds of the gas previously imported fr... #liquefiedgas #RussianGas #UrsulavonderLeyen
The mass media reported on German investigators’ confidence that the Russians blew up the Nord Stream pipelines. German investigators established that the explosions at the Nord Stream and Nord Stream 2 gas pipelines resulted from sabotage. The WSJ reported that officials familiar with the investigation said it ... #NordStream #NordStream2sabotage #RussianGas
EU has reduced its Russian gas consumption by 500%. According to September’s results, Russian gas consumption decreased from more than 40% to 8% of total consumption and continues to fall, said Oleksandr Kharchenko, director of the Energy Researc... #OleksandrKharchenko #russiagasproduction #RussianGas #RussianOilPriceCeiling
Gazprom reduced gas production by 17% over last three quarters; exports fell by 40%. Russian Gazprom produced 313.3 billion cubic meters of gas in January-September 2022, 17.1% (64.8 billion cubic meters) less than last year. At the same time, exports to foreign countries fell by 40.... #Gazprom #RussianGas
Russian Gazprom has paid for the entire October transit through Ukraine. According to RBC-Ukraine, the Russian monopolist paid Naftogaz-Ukraine for an entire month of gas transit. At the same time, it is noted that the payment will not prevent Moscow from cutting off physi... #Gazprom #RussianGas #TurkishStream
Russia is believed to have damaged the Nord Stream pipelines to sabotage the EU. The Swedish National Seismic Network (SNSN) said Tuesday that it detected two explosions on Monday near the area of the Nord Stream pipelines. The first explosion was recorded at 2:03 a.m. and the sec... #NordStream #RussianGas
The EU might refuse to introduce a price ceiling for Russian gas. It is likely that the European Union will not introduce a price ceiling for Russian or any other imported gas, writes The Guardian. It is noted that the publication has reviewed the draft resolution o... #priceceilingforgas #RussianGas #UrsulavonderLeyen
The European Commission proposes to cap the price of Russian gas at €50 per MWh. This is five times less than the current spot price, reported Politico. The publication notes that this step may be risky because the EU must be ready to refuse Russian gas immediately. After all, the... #EuropeanCommission #EuropeGasPrices #RussianGas
The EU has announced a reduction of Russian gas supplies from 40% to 9%. The EU is working on the problem of consumer protection and reducing dependence on Russian gas. At the beginning of the war against Ukraine, the Russian share in external supplies to the EU was 40%, a... #GasImport #RussianGas #RussianGassupplies
Russia may stop supplying gas through Nord Stream-1 in July. German Vice-Chancellor Robert Habeck said that Russia might not resume natural gas supplies to Europe via the Nord Stream 1 gas pipeline after maintenance work scheduled for July 11. Last summer, the... #NordStream1 #RobertHabeck #RussianGas
More than ten EU countries have completely or partially stopped importing Russian gas. More than 10 countries in the European Union have entirely cut off supplies of Russian gas, and Moscow’s behavior in recent weeks has significantly exacerbated energy supply risks, said Europea... #BanRussianEnergy #EUbanRussianGas #KadriSimson #RussianGas
Ukraine has announced a proposal to eliminate EU dependence on Russian energy sources. Ukraine has announced a proposal to eliminate EU dependence on Russian energy sources. #EUdependeceonGas #EUgas #RussianGas
Russia could end the year with a record surplus of $240B from energy exports. Due to record oil and gas prices, the main products of Russian exports, even with reduced energy sales, the aggressor state will receive about $321B in revenue. This is more than a third more than in ... #RussianGas #RussianOil #Sanctions
Russia has reduced gas transit through Ukraine since January. Since the beginning of this year, Russia has reduced gas transit through Ukraine to 52.5 million cubic meters per day with reserved daily volumes of 109.6 cubic meters. According to General Director o... #Gaspipeline #GasTransit #GasTransitthroughUkraine #RussianGas
Nord Stream -2 will not be launched in the first half of 2022. The German energy regulator’s eagerly awaited decision on fully certifying the Nord Stream 2 gas pipeline won’t come in the first half of next year, a setback for the Russian project that ... #nordstream2 #RussianGas #RussianPipeline
The German Greens party’s opposition to the launch of Nord Stream-2. The co-chair of the German Green Party, Robert Habeck, spoke out against the rush to certify Nord Stream 2, saying “It was only possible if it complied with all European rules, not because of Kremlin ... #Germany #nordstream2 #RussianGas #RussianGasPipeline
Russia has been gradually reducing gas transit through Ukraine. Gazprom has reduced gas transit through the Ukrainian gas transportation system three times since the beginning of this year, said the General Director of GTS Ukraine Operator, Serhiy Makogon, on Face... #GasTransitthroughUkraine #RussianGas #RussianGasThroughUkraine
Despite high gas prices, Ukraine does not plan the start negotiations with Russia on the issue of gas supply said Denys Shmygal, the Prime Minister of Ukraine. He said, “This crisis is not Ukrainian, this is the European crisis as well. Most likely it will impact the whole world”. (LB.ua) #GasViaUkraine #RussianGas #RussianGasforEU #UkraineandRussia
Guaranteeing high EU gas prices this fall, Russia’s Gazprom bought only 4% of additional pipeline capacity offered at auction by Ukraine yesterday , reports UBR.ua. The news pushed Rotterdam hub gas prices to a new peak: $585/1,000 cubic meters. Ukraine’s Transmission System Operator had offered to pump an additional 15 million cubic meters in S... #GaspromandUkraine #nordstream2 #RussianGas #RussianGasforUkraine
“Putin will use weaponized pipeline to blackmail Europe, ” headlines an essay in the Atlantic Council by Inna Sovsun, a Rada member for the Holos party. “By undermining the country’s status as a key transit route to the EU, Moscow will succeed in dramatical... #EUgasCrisis #RussianGas #RussianGasPipeline
“Europe’s Chances of Dodging Winter Gas Crunch Hang on Russia, ” Bloomberg writes in a piece based on industry analyst interviews. “Much is going to depend upon Nord Steam 2,” said Massimo Di-Odoardo, vice president of global gas at Wood Mackenzie Ltd, tells Bloo... #nordstream2 #RussianGas
