Russian gas and oil

Borrell: Gazprom-Hungary deal doesn't go against EU law

The contract between Gazprom and Hungary for the supply of gas bypassing Ukraine does not go against European legislation, EU foreign policy chief Josep Borrell told Reuters. Ukraine is lobbying its Western allies to punish Russia …

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Josep Borrell: EU needs more Russian gas

Europe may need more Russian gas than previously agreed, Vice-President of the European Commission and High Representative of the EU for Foreign Affairs and Security Policy Josep Borrell said. He noted that "Russia wants Nord …

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Gas prices in Europe plummet below $1,000

The price of gas on the ICE exchange continued to decline on Thursday. By 10:30 Moscow time, it dropped below $1,000 per 1,000 cubic meters for the first time since September 29. The price dropped to $973 per 1,000 cubic meters, …

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Will expensive gas help Nord Stream 2?

Gas price in Europe renews historical maximum, reach $1,300 per 1,000 cubic meters The gas price in Europe during the October 5 trade broke the record again and reached $1,300 per 1,000 cubic meters, according to the data of the ICE …

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Gazprom starts gas supplies to Hungary bypassing Ukraine

On October 1, Gazprom began supplying gas to Hungary under the long-term contract, signed on September 27, through the Balkan Stream gas pipeline (a continuation of Turkish Stream) and pipelines in South-Eastern Europe. The holding said …

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Gazprom confirms 1 month contract extension with Moldova

Gazprom confirms the extension of the current contract with Moldovagaz for the supply of gas for one month starting on October 1, 2021, according to the Russian gas holding statement on Thursday. Earlier, the Minister of Infrastructure …

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China steps up natural gas supply

China, the world's largest natural gas consumer, has been shoring up gas supply for the coming 2021-2022 winter-spring heating season, in a bid to prevent a supply shortage similar to the one it experienced in the previous winter

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