Saturday, May 18, 2024
The volume of gas pumped through the TurkStream gas pipeline, commissioned in 2020, amounted to 13.51 bln cubic meters (bcm), Gazprom said in a report published on Thursday, TASS informed. TurkStream is an export gas pipeline from Russia to Turkey through the Black Sea. The design capacity is 31.5 bcm...
India plans to double crude oil imports from the United States as part of its effort to reduce dependence on the volatile West Asia region, three officials with direct knowledge of the matter have said, according to the Hindustan Times. The news comes as Delhi said in November it is considering...
Russian President Vladimir Putin and Austrian Federal Chancellor Sebastian Kurz will hold negotiations on an ambitious construction project endorsed by Russia - the Kosice-Vienna railway, RFE/RL in Russian reported. The matter concerns laying a broad-gauge railroad, which will strengthen the transport communication between European and Asian markets while allowing to use...
Russia and Belarus have reached an agreement in principle on the repayment of gas debt; Minsk may redeem its debts to Moscow within a month, Russian Energy Minister Alexander Novak told reporters on the sidelines of the Leaders of Russia contest, TASS writes. "We agreed in principle that our colleagues...
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...
Russia is set to expand in the global coal market as it plans to increase shipments of the fuel and the cost advantages appear increasingly stacked in its favor, Reuters writes. Already the third-largest supplier to the seaborne market, behind Indonesia and Australia, Russia is moving to take advantage...
Ukraine will "very, very loudly" ask the United States to impose sanctions against the operator of Nord Stream 2 (SP-2), Nord Stream AG, if Germany allows the operation of the gas pipeline contrary to the court decision, according to which the pipeline is not removed from the operation of...
U.S. President Donald Trump has told NATO Secretary-General Jens Stoltenberg that Germany is "captive" to Russia because it is importing energy from there, Reuters reports. In a heated exchange with the NATO chief ahead of a summit in Brussels on Wednesday, the U.S. president was fiercely critical of German oil and...
Russian pipeline monopoly Transneft expects Russia’s oil output to rise by about two million tons next year, the company’s head Nikolai Tokarev said in an interview with Rossiya 24 on Friday. “So it is not falling despite our agreement,” Tokarev said in reference to the global oil output deal between...
Russia’s oil production in 2018 could rise to more than 550 million tons, taking into account the decision by the Organization of Petroleum Exporting Countries (OPEC) to increase production, Russian Energy Minister Alexander Novak told reporters. "I think it will be 550 million tons," he said, according to RBC. Novak added...