Contents tagged with Gazprom
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Court to force Gazprom to pay the 36 million euros it owes Lithuania
The Russian company, Gazprom, did not pay a 36 million euro fine to Lithuania on time and now the court will enforce it, as reported by BNS news, citing a representative of the Competition Council (Lithuanian Antimonopoly Service), Maria Grumblene.
According to her, the court has already received the Competition Council’s resolution on the forcible collection of fines and penalties. Gazprom was to pay the fine before March 22, 2017.
As was reported, the Supreme Administrative Court of …
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Naftogaz of Ukraine wants to join Poland's lawsuit against Gazprom’s access to OPAL
NJSC Naftogaz of Ukraine requested that the European Court of Justice allow them to join the case on appeal by Poland's PGNIG Supply & Trading against the decision of the European Commission to expand Gazprom’s access to the OPAL gas pipeline, according to the Naftogaz website which reads: “According to the statute of the European Court of Justice, a legal entity can enter the case if it is able to prove an interest in the outcome of this case.”
In its request, Naftogaz specified the potential …
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Gazprom has increased gas supplies to the Donbas by 41%
In 2016, Russian gas monopoly Gazprom supplied 2.39 billion cubic meters of natural gas to the Luhansk and Donetsk regions that are beyond Ukraine’s control. That is 40.6% or 69 million cubic meters more than in 2015, as indicated in Gazprom’s quarterly reports, LIGA.net reported. According to the document, gas supplies to Ukraine in 2016 amounted to 2.39 billion cubic meters.
“At the same time, Naftogaz of Ukraine ceased the purchasing of gas from the Russian company in November 2015. …
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CEO of Naftogaz says the EU should block the construction of Nord Stream-2
The Chief Executive Officer of Ukrainian state energy company Naftogaz, Andriy Kobolyev, stated in an interview with Reuters that the European Union should block the Nord Stream-2 gas pipeline project that will give the Kremlin geopolitical and financial leverage against Germany, Poland and Slovakia.
“We urge our European partners to make efforts to look not on immediate consequences but to take one step further and look at what will happen later after the launch of Nord Stream-2,” Kobolyev …
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Squatters have occupied London mansion belonging to former top manager of Gazprom
A group of squatters occupied the London mansion of the former top manager of Gazprom, Andrey Goncharenko, which is located in one of the most expensive streets of the British capital ¾ Eaton Square in Belgravia, as reported by The Guardian.
The group of squatters stated that it is opening a shelter for homeless in an empty 5-story house worth 15 million pounds, that was bought by the Russian oligarch in 2014. The squatters, the Autonomous Nation of Anarchist Libertarians (ANAL), stated that …
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Gazprom will pay for the construction of Nord Stream 2 itself
The Russian energy giant, Gazprom, will pay the costs of the construction of the trans-Baltic gas pipeline, Nord Stream 2, after Austrian oil company, OMV, and other European partners abandoned their plans, as reported by Der Standard.
"Gazprom lost hope for the participation of European partners in the Nord Stream 2 pipeline project, at least for the near future," the newspaper reports. Gazprom planned to implement the Nord Stream 2 project together with European oil companies, Engie, OMV, …
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Naftogaz refuses to pay Gazprom for non-purchased gas
Naftogaz of Ukraine has confirmed the receipt of Gazprom’s $5.3 billion invoice for the gas that the company had neither ordered nor received during 2016. However, the company does not intend to pay for it until the decision of the Stockholm arbitration. This was reported to the Interfax-Ukraine news agency by the press service of Naftogaz.
"In its explanation of the bill, Gazprom refers to the take-or-pay form of gas delivery. At the same time, Naftogaz has no plans to pay the bill until the …
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German regulator reduced Gazprom's access to the OPAL system
The German energy regulator, Bundesnetzagentur, has reduced the limit of use of the OPAL gas pipeline for Russian Gazprom to the same level that was installed before, to 50%. As stated in the press-service of the company on Facebook, "The German regulator reduced the limit for Gazprom to use the OPAL pipeline to its former 50% but the actual amount of this reduction has not yet affected the actual volumes."
In late October, the European Commission allowed Gazprom to increase its pumping gas …
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Naftogaz expects to be accused of gas theft from Gazprom
Ukraine's Naftogaz expects to be accused of gas theft by Gazprom regarding its inability to ensure transit in connection with the severe frosts in Russia.
As stated by the President of the Center for Global Studies Strategy XXI, Mykhailo Gonchar, in a Facebook post, Gazprom might not have enough gas to provide for all Russian and European consumers fully.
“Arctic cold is quickly moving to the east, and even though Europe was affected for a couple of days, the real cold is in Russia. And …
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Gazprom announces record-breaking deliveries through Nord Stream
For three consecutive days, Gazprom has been reaching new records in volumes of gas transported through the Nord Stream pipeline, at a level of 165.5 million cubic meters per day, according to a statement from the company, Prime.ru reports.
"Under the conditions of an increased demand for gas in Europe, Gazprom, for three consecutive days – January 4, 5 and 6, has been reaching new record volumes of gas sent through the Nord Stream pipeline, at 165.2 million cubic meters per day," the …