Tuesday, March 19, 2024
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,...
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...
Russia remains the only gas supplier capable of significantly helping Europe in the fight against the energy crisis, said Amos Hochstein, senior adviser to the US State Department for energy security, Russian media informed. According to Hochstein, the opinion is also shared by the International Energy Agency (DOE). “I have...
The Moldovan state-owned company Energocom and the Polish state-owned PGNiG signed a contract for a trial purchase of 1 million cubic meters of gas. This is the first purchase of gas from alternative sources, the press service of the country's government said, Russian media reported. The tender was announced on...
While Europe is complaining about high gas and electricity bills, the Chinese people are suffering from power outages, according to Rossiyskaya Gazeta. According to Alexander Kurdin, an analyst at the Russian Government's Analysis Center, China's usage of energy has exceeded estimates due to a frigid winter and a scorching summer....
The conclusion of long-term contracts with Russia for gas supplies is beneficial to the EU countries and it is necessary to return to this state, French Foreign Minister Clement Bon told French state TV channel France-3. Russian Deputy Prime Minister Alexander Novak previously named the main mistakes of the EU...
Ukraine does not have enough coal and gas to survive the winter, the Ukrainian Ministry of Energy warned, Russian media reported. The largest thermal power plants in Ukraine are already shutting down due to a lack of coal. There is not enough gas in Europe, and the EU authorities cannot...
Naftogaz Ukraine is ready to provide additional gas transit from Russia to the EU through the gas transportation system of Ukraine in the amount of up to 55 billion cubic meters per year, Russian media reported. This would be done with "approximately 151 million cubic meters per day on special...
The head of the political council of the Opposition Platform - For Life party Viktor Medvedchuk believes that an energy crisis has come in Ukraine, and the authorities are not ready to provide the population and enterprises of the country with energy resources, Russian media informed. “The energy crisis is...
The conclusion of long-term contracts with Russia for gas supplies is beneficial to the EU countries and it is necessary to return to this, French Foreign Ministry Secretary of State Clement Bon told French media. Russian Deputy Prime Minister Alexander Novak previously named the main mistakes of the EU that...