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#Russian gas

World

Russia Resumes Nord Stream Gas Supply: Operator

The Nord Stream gas pipeline, which connects Russia and Germany, reopened on Thursday following a 10-day repair period, according to its operator. “It’s working,” a Nord Stream spokesperson said, without specifying the amount of gas being delivered. The German government was concerned that Moscow might not reopen the pipeline after ...

4 weeks ago

World

Japan Warned about Russian Gas Supply

Japan will have to continue importing Russian liquefied natural gas (LNG) due to surging energy prices and limited prospects for the rebooting of nuclear plants, the Financial Times reported on Sunday, citing Japanese transportation giant Mitsui OSK Lines (MOL). The company’s CEO, Takeshi Hashimoto, told the business daily that Japan ...

July 4, 2022

World

EU chief, Italian PM Head to “Israel” for Energy Talks

President of the European Commission Ursula von der Leyen and Prime Minister of Italy Mario Draghi were scheduled to visit the Israeli occupation on Monday as the EU seeks to reduce its reliance on Russian fossil fuel imports. Both leaders were scheduled to hold energy talks in “Israel”, which has ...

June 14, 2022

World

EU Should Focus on Renewable Energy, Cannot Replace Russian Gas

The EU cannot fully replace Russian gas imports with fossil fuel supplies from other countries, EU Commissioner for Energy Kadri Simson said on Monday. Simson explained that in order to bridge this gap, the European Union will need to accelerate its deployment of renewable energy sources. “We cannot simply replace ...

May 3, 2022

World

Medvedev: Europe Will Not Last a Week Without Russian Gas

Dmitry Medvedev, Deputy Chairman of the Russian Security Council, stated that Europe would not last a week without Russian gas. The European Commission announced on Friday that EU companies may open an account with Gazprombank to pay for Russian gas using a new payment method devised by Moscow without violating ...

April 23, 2022

World

Italy Rejects Ruble Payment for Russian Gas

Russia’s demand for ruble payments for natural gas cannot be fulfilled, according to Italian Foreign Minister Luigi Di Maio, who says doing so would breach EU sanctions. “We cannot pay in rubles; Russia introduced a double billing scheme from euro to rubles, this is impossible as it would mean bypassing ...

April 15, 2022

World

FILE PHOTO: An employee in branded jacket walks past a part of Gazprom's Power Of Siberia gas pipeline at the Atamanskaya compressor station outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019. REUTERS/Maxim Shemetov./File Photo

Germany Seizes Russian Gas Company

Germany has taken ownership of a local branch of Russia’s state-owned energy giant Gazprom. Berlin’s energy regulator will temporarily control the company despite Moscow’s previous insistence that such a move would be illegal. Gazprom Germania, a subsidiary of the Saint Petersburg-based firm, operates some of the country’s largest natural gas ...

April 5, 2022

World

Moscow Explains Switch to Ruble for Gas Payments

Moscow’s latest decision to switch to its national currency for gas payments was made to secure Russia’s ability to trade and to ensure that its producers receive their money despite Ukraine-related Western sanctions, according to Dmitry Peskov, press secretary to President Vladimir Putin. “Amid this growing distrust toward reserve currencies ...

April 3, 2022

World

Russia Sets Ruble Gas Payment Deadline

Russian President Vladimir Putin has authorized the government, the central bank, and Gazprombank to take the necessary steps to switch all payments for Russian natural gas from “unfriendly states” to rubles starting March 31. The measure targets “member states of the EU and other countries that have introduced restrictions against ...

March 28, 2022

Middle East

Qatar: ‘Almost Impossible’ to Replace Russia’s Europe Gas Flows

Qatar’s Energy Minister Saad Al-Kaabi said on Tuesday that it would be “almost impossible” for Europe to replace its gas imports in the event Russia decides to clamp down on supplies amid a worsening Ukraine crisis. Moscow’s gas flows account for a sizable portion of Europe’s supplies – in 2021, ...

February 23, 2022