Posts Tagged ‘gazprom’

Gazprom Piping Gas to Europe via Ukraine After Nord Stream Stoppage

A screen with the logo of Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, on June 17, 2022. (Anton Vaganov/Reuters) Russia’s Gazprom said it would ship 42.7 million cubic meters (mcm) of natural gas to Europe through Ukraine on Saturday, hours after it announced that flows through the Nord Stream […]

Russia’s Gazprom Shuts Down Nord Stream 1 Pipeline Indefinitely, Gas Prices Soar in Germany

Russian state-owned energy corporation Gazprom has scrapped plans to restart gas flows through its Nord Stream 1 pipeline to Germany, offering no answers as to when operations would resume back to normal. On Aug. 19, Gazprom announced that it would stop gas flows through the pipeline between Aug. 31 and Sept. 2 due to routine […]

Gazprom Says the First Half Net Profit $41.8 Billion, Will Pay Dividends

MOSCOW—Russian gas giant Gazprom made a record 2.5 trillion rubles ($41.75 billion) in net profit in the first half of 2022 and its board recommended paying interim dividends after skipping its annual payout for the first time since 1998, the company said on Tuesday. Gazprom dividends are a sensitive issue for the market, which was […]

Energy crisis: Russian energy giant Gazprom halts Nord Stream 1 gas flows to Germany

Russian energy giant Gazprom halted the flow of natural gas to Europe via the Nord Stream 1 pipeline on Wednesday. The company says the shutdown, which will last until Saturday, is necessary for maintenance reasons. But Western nations have claimed Russia is weaponising gas supplies amid the Ukraine war. According to Gazprom, Nord Stream 1’s […]

Russia’s Gazprom Says Continues Gas Shipments via Ukraine at Same Volume

The logo of Gazprom company is seen on the facade of a business center in Saint Petersburg, Russia, on Jan. 26, 2022. (Anton Vaganov/Reuters) Russian natural gas company Gazprom said on Saturday it was continuing gas shipments via Ukraine at an unchanged volume of 109.5 million cubic metres a day. Follow Source

Moldova says it will pay debts as Russia’s Gazprom threatens to cut gas supplies

Moldova’s deputy prime minister said the country would pay off an outstanding debt to Russian gas giant Gazprom which had threatened to cut supplies to the country within 48 hours. Andrei Spinu said Moldova would “fulfil its obligations” and pay off a debt worth €65.8 million. The former Soviet country has been in the throes […]

Nord Stream 2: Poland fines Russian energy giant Gazprom €6.5 billion over gas pipeline

Poland has ordered the Russian energy giant Gazprom to pay a €6.5bn fine over the construction of the Nord Stream 2 gas pipeline. Poland’s competition watchdog says the project will unfairly increase the firm’s dominance of the Polish market, with potentially serious consequences for the country’s economy. Gazprom is leading the Baltic Sea pipeline project, […]

Gazprom guarantees gas deliveries to Europe, unless Ukraine steals them

     The head of Russian energy giant Gazprom Aleksey Miller has guaranteed gas deliveries to Europe, as long as Ukraine doesn’t steal transit gas intended for the continent. Earlier, Russian Energy Minister Aleksandr Novak also confirmed this information, saying that Gazprom’s natural gas supplies to Europe are seeing the highest volumes ever. Speaking to Prime […]

"Europe needs this gas more than Gazprom needs to sell it": Ukraine reliant on EU for supplies

     Brussels will not allow a repeat of the January 2006 gas crisis, when Ukraine allegedly siphoned deliveries destined for Europe, predicts TeleTrade analyst, Petr Pushkarev. That is because the current Ukrainian government is completely dependent on the EU, both financially and politically, he told RT. “Europe has all the levers of influence on Ukraine, […]

Cashing-in on Cold: Gazprom Sets New Record for Gas Exports to non-CIS Market

Instead of importing expensive Qatari LNG and fracking the UK and European terra firma into oblivion, why not just buy affordable, abundant gas from Russia? Yet another blow to US-EU economic sanctions on Russia… MOSCOW – Tass News reported today that for the ninth day in a row, Gazprom has broken its record for the […]

Ukraine to seek arrest of Gazprom assets if Russian company fails to comply with arbitration court’s ruling

nsnbc : Ukrainian President Petro Poroshenko said he has ordered to seek the arrest of Gazprom’s assets if the Russian energy company fails to […]

Russia’s Gazprom says signs memorandum on Iran LNG

Reuters – Russian gas giant Gazprom said on Wednesday it had signed a memorandum on possible cooperation in a liquefied natural gas project in Iran. It said the memorandum was signed with Iranian Oil Industry Pension, Saving and Staff Welfare Fund. Iran LNG is designed to have two lines of 5.25 million tonnes of annual […]

OIEC, Gazprom agree to develop 2 Iranian oilfields

MNA – Oil Industries’ Engineering and Construction (OIEC) has inked a cooperation agreement with Russia’s Gazprom over development of Azar and Changuleh oilfields. Upon finalization of several months of negotiations, managing directors of OIEC and Gazprom signed a Memorandum of Understanding (MoU) for partnership in the project for development of Azar and Changuleh oil fields […]

Gazprom and Turkey’s BOTAS agree on Turkish Stream financing

     Russian energy major Gazprom and Turkey’s state-owned BOTAS have reached financial terms for the natural gas pipeline through Turkey, according to BOTAS General Director Burhan Ozcan. “We have already agreed with Gazprom on this issue, but I cannot disclose the figures, in what percentage share we will do it,” he told RIA-Novosti on the […]

GMO foods: Turning your intestines into an insecticide factory?

     The rise of GMOs in our food supplies raises a variety of issues, from environmental degradation to nutrient depletion, dependency on toxic agro-chemicals and government corruption — many topics with lots of well sourced information. Often falling into the cracks is the effect of GM foods on intestinal health. Why does it matter? Because […]

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