Contents tagged with Gazprom
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Gazprom CEO: Nord Stream 2 will be operational by January 2020
Gazprom CEO Alexey Miller is convinced that the Nord Stream 2 pipeline will start supplying Europe with gas by January 1, 2020, Interfax reports.
“We are working according to the plans that were approved from the very beginning. The planned start for gas shipments is January 1, 2020,” Miller said.
Rosneft CEO Igor Sechin also said that he is prepared to work no matter how the situation develops with the US.
“We are working constantly under these circumstances. Our job is risk management,” …
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Head of Crimea wants to send seized Ukrainian oil rigs to Syria
In an interview with Radio Krym (Crimea), Russian head of Crimea Sergei Aksenov said that he is considering the possibility of sending to Syria the Chornomornaftogaz drilling rigs which were captured during the annexation of Crimea.
“Today’s economy presupposes that if there are proposals from major players, who have certain resource capabilities, that would allow us to increase the number of facilities where we can produce oil and gas, then, of course, there is a possibility of public-private …
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Two Russian billionaires decline invitation to meet with Putin
Two Russian billionaires were unable to go to the Kremlin to take part in President Vladimir Putin’s annual meeting with the country’s top businessmen.
Petr Aven, head of Alfa-Bank’s board of directors with an estimated $5.1 billion according to Forbes, and Yandex co-owner and CEO Arkady Volozh ($1.5 billion) declined to attend the meeting which took place on Wednesday, December 26.
“I’m just not in Moscow, I am very far from Moscow. There is no special reason,” Aven told TASS.
A source …
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Ukraine's Naftogaz is looking for assistance of US courts in dispute with Russian Gazprom
Naftogaz of Ukraine appealed to the courts of the Northern and Southern districts of Texas with claims against the American division of Gazprom Marketing & Trading (GM&T USA, subsidiary of the Gazprom group) and consulting company DeGolyer & MacNaughton (lead auditor of oil and gas refineries), Kommersant reported.
The newspaper reported that Naftogaz requested the court to oblige the respondents to provide information and access to documents that will allow the Ukrainian company to file a new …
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Ahead of negotiations on Turkish Stream Greece asks Russia for money
The Prime Minister of Greece, Alexis Tsipras stated in an interview with TASS news agency that Greece hopes that Russia will make strategic investments in its economy, including infrastructure, ports and energy.
According to him, he plans to request these large investments during an official visit with Russian President Vladimir Putin in Moscow, on December 7th.
The Greek economy, with a debt exceeding 150% of the GDP “has good opportunities of a strategic nature,” stressed Tsipras.
Tsipras …
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Europe and Israel agree on alternative to Turkish Stream pipeline
Gazprom’s prospective southern gas corridor to the EU, initially called South Stream but later renamed to Turkish Stream, now has a major competitor.
Israel, Italy, Greece and Cyprus have reached an agreement to build the East Med gas pipeline, which will transport gas from the Leviathan gas field, the largest gas field discovered in the 21st century, with an estimated 3.5 trillion cubic meters of reserves.
According to The Times of Israel, EU experts have given the go ahead to the project, …
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Ukraine starts withholding Gazprom gas transit payments to recover the debt
Ukraine’s national oil and gas company Naftogaz recovered $3.8 million received in overpayment from Gazprom for the transit of gas in October towards the amount that Gazprom is obliged to pay according to the decision of the Stockholm Arbitration Court.
“Naftogaz of Ukraine sent a statement to Gazprom about withholding the funds received for transit of gas this October in the amount of $3.8 million as payment of a fine that the Russian monopoly owes according to the Arbitration decision from …
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Media: Gas supplies via Turkish Stream will go through Hungary and Slovakia bypassing Ukraine
The Russian gas monopoly Gazprom chose its gas supplies’ route to Europe along the second Turkish Stream line. It will go through Bulgaria, Serbia, Hungary and Slovakia, reported the Russian newspaper Kommersant citing materials published by the countries’ gas transmission operators.
These materials were published in October-November as part of the procedure for booking future capacity (open season) which is stipulated by the legislation of the European Union (NC CAM) and is necessary for the …
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Polish Foreign Minister: After completing Nord Stream 2 Russia will continue war in Ukraine
Polish Prime Minister Mateusz Morawiecki warns that once the Nord Stream 2 pipeline has been built, nothing will hold Russia back from further aggression in Ukraine. He made a statement to this effect during the FOTAR conference in Hamburg, the Polish Press Agency reports.
If the Ukrainian gas transmission system is no longer needed once the Nord Stream 2 pipeline has been built, Morawiecki asks, “what will stop Vladimir Putin from going to Kyiv?”
“You will be surprised by who I am going to …
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Lavrov: West has decided to use Balkans as bridgehead against Russia
The West is trying to implement the next step in the anti-Russian script by pressurizing the countries of the Balkan peninsula and demanding that the countries in the region “make a choice: [you are] either with Moscow or with Washington and Brussels”, Russian Foreign Minister Sergey Lavrov in an interview with the Siberian Telegraph, the full text of which was published on the Foreign Ministry website.
“The impression is developing that the lessons of the Ukrainian tragedy in the West have …