Saturday, May 28, 2022
The gas issue in Europe should not be placed solely on Moscow, Stephen Sestanovich discusses this in an article for the Council on Foreign Relations. "Many analysts point out that Russia is attempting to enhance output in every manner possible (while keeping its own reserves at the appropriate level)," Sestanovich...
French President Emmanuel Macron stated in an interview with the Financial Times that he sees no evidence that Russia is manipulating oil prices. According to the president, it is unlikely that prices will be reduced much in the near future, thus the main goal is to avoid supply disruptions and...
According to Kremlin spokesperson Dmitry Peskov, Gazprom is ready for additional negotiations that will lead to mutually acceptable gas supply options with Moldova. When asked to comment on Russia-Moldova gas discussions, a Kremlin official said. "So far, the de facto reality has been that they have been unable to achieve an...
The Rostov region adopted a bill to increase the amount of social assistance to pay the cost of gasification of housing. The corresponding decision was made by the deputies of the regional parliament, the State Television and Radio Broadcasting Company "Don-TR" reported. Financial assistance will increase from 20 thousand to...
The Nord Stream 2 gas pipeline will supply 55 billion cubic meters to Europe per year. At the same time, Gazprom will additionally supply 11 billion cubic meters to Europe in 2021 meters of gas, said the chairman of the board of directors of "Gazprom" Viktor Zubkov. Gas will remain...
Ukraine made an offer to the European Union (EU) to store up to 10 billion cubic meters in Ukrainian underground gas storage facilities (UGS), Russian media reported. European companies will be able to store strategic gas reserves in these UGS facilities for a long time, the head of "Ukrtransgaz" Sergei...
The exchange price for gas in Europe is going down: the cost of November futures fell by 5 percent - to almost a thousand dollars per thousand cubic meters, Russian media inform. Earlier it became known that Gazprom is ready to start pumping fuel into European storage facilities in November,...
The German economy will require gas for a long time, and this is a must for the transition to renewable energy, according to Olaf Scholz, the leader of the German Social Democrats, who is running for Chancellor of the Federal Republic of Germany, RIA reports. "We must ensure that development...
According to the objective scenario in Russia's draft strategy for low-carbon growth by 2030, electricity prices could rise by 4%, said the chairman of the Ministry of Economic Development, Maxim Reshetnikov, who made this prediction, Kommersant reports. Prices are predicted to grow by 26% by 2050, according to him. The...
France's plan to freeze gas prices until the end of 2022 violates market pricing principles, yet this approach has already become common in other European nations when it comes to energy. Furthermore, as Rossiyskaya Gazeta points out, it is a violation of these norms that has become the primary...

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