The Nord Stream 2 gas pipeline may take months to complete, and Russia and Europe may not reap immediate economic advantages. The conclusion of building work on September 10 is a significant milestone, but it is not the last, according to Rossiyskaya Gazeta.
Russia anticipates that profits from gas exports...
The growth in global demand for non-oil this year will amount to 6 million barrels per day to 96.7 million barrels per day, according to the September report of the cartel, received by TASS. Thus, the estimate has not changed compared to the August one, Russian media add.
The report...
The Nord Stream 2 project will comply with all permits and technical standards, the press service of Nord Stream 2 AG stated.
The German Federal Network Agency (Bundesnetzagentur) on September 13 began considering an application for certification of Nord Stream 2 AG as an independent transport operator.
The company declined to comment...
Poland restricted the capacity of oil supplies coming through the northern branch of the Druzhba oil pipeline, due to the full storage of the Schwedt oil refinery, TASS reported, citing the official representative of Transneft Igor Demin.
Previosly, Demin said that Belneftekhim had suspended oil pumping through Druzhba until Monday,...
Another record was set by the price of natural gas on the European market, as quotas for October gas futures on the index of the most liquid European hub, the Dutch TTF, exceeded $740 per thousand cubic meters, Russian media informed.
At the beginning of the trading session on Monday,...
The German Network Agency (Bundesnetzagentur) has received documents for the certification of Nord Stream 2 as an independent gas transmission operator. The regulator has up to four months to consider the documents and make a decision, the press secretary of the agency Fite Wulf told Interfax.
Wolf said that the...
Oil reserves in Russia have fallen sharply over the past ten years, Russian media reported. In 2010, the reserves amounted to 28.2 billion tons, and in 2020 those reserves were 19.1 billion tons, a report by the Ministry of Natural Resources on the state and protection of the environment...
Ukraine is forced to buy very expensive gas for security reasons, said the Head of Naftogaz Yuriy Vitrenko, speaking at the YES Brainstorming Forum.
At the moment, before the start of the heating season, almost 19 billion cubic meters of gas have been accumulated in Ukraine's underground storage facilities (with...
The US and Germany will restrict the operation of the Nord Stream 2 gas pipeline if Russia uses it as political pressure, US diplomat Kurt Volcker said.
"Russia is trying to influence Europe and this threatens Ukraine," Volker said, as quoted by RIA Novosti.
Washington is ready to resort to countermeasures...
Russia and Belarus will develop rules for the operation and regulation of the single gas market by July 2022, Prime Ministers of Russia and Belarus Mikhail Mishustin and Roman Golovchenko said in a joint statement, Russian media inform.
"The parties agreed to coordinate actions in terms of setting prices for...
