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Gazprom obliged to pay Naftogaz $2.56bln

The Arbitration Institute of the Stockholm Chamber of Commerce has imposed a $4.63-billion penalty on Russian energy giant Gazprom over its gas transit dispute with Ukraine’s national oil and gas company Naftogaz, the Ukrainian company said …

 S&P upgrades ratings of major Russian companies

International rating agency S&P raised the credit ratings of several major Russian companies, including Gazprom, Transneft, Rushydro, and Russian Railways, following the increase in the Russian sovereign rating, according to a press release …

Russia breaks records of gas exports

Gazprom broke the absolute daily record for exporting gas to non-CIS countries, the information department of PJSC Gazprom reported. "The second day in a row, Gazprom improves the maximum historical indicator of the daily gas …

 Gazprom to build Turkish Stream at its own expense

Gazprom will implement the construction of the Turkish Stream gas pipeline at its own expense, Deputy CEO of the Russian holding Andrei Kruglov said in London today. "We tentatively said that the cost can be $6 bln …

Germany grants permit for Nord Stream 2

The Nord Stream 2 pipeline project has received a permit for construction and operation in German territorial waters and the landfall area around eastern Germany’s Lubmin, the project’s operator said. "The Stralsund …

 Europe agrees to buy Russian gas bypassing Ukraine

European purchasers of Russian gas have expressed a desire to receive it through new corridors and not through Ukraine after the expiry of the long-term transit contract signed between Gazprom and Ukraine's Naftogaz in 2019, …

Ukraine agrees on Russian gas

Naftogaz Ukraine will return to buying gas from Russia this year, ending a more than two-year hiatus, as a result of a ruling by a Swedish arbitration court on its gas dispute with Moscow, the head of Ukrainian firm Naftogaz Andriy …

Gazprom gas exports rise to new record

Russia’s gas exports to Europe rose 8.1 per cent last year to a record level of 193.9bn cubic metres (bcm), the company’s head said on Wednesday, as the world’s largest gas producer continued to increase sales despite rising …