Russia & CIS

Russia, Belarus Leaders Meet Amid Oil Supply Tensions

The presidents of Russia and Belarus, Vladimir Putin and Alexander Lukashenko, will meet on Friday, the Kremlin said, as the oil row between the two rolls into a second month, forcing Minsk to look for crude from as far afield as the United States.

Russia's Transneft Faces up to $1 Billion in ‘Dirty Oil’ Claims: Sources

Russian oil pipeline monopoly Transneft faces claims of up to $1 billion related to contaminated oil, more than double its own estimates, industry sources said, setting the stage for protracted haggling with oil suppliers.

Kazakhstan Halts Contaminated Oil From Spreading Outside the Country

Kazakhstan has contained the spread of contaminated oil within its borders by reducing exports to China and altering the schedule of supplies to domestic refineries, energy ministry and pipeline operator KazTransOil said on Wednesday.

Kazakhstan Cuts Oil Exports to China After Contamination Detected — Sources

Kazakhstan reduced oil supplies via the Atasu-Alashankou pipeline to China on Tuesday after tests carried at the end of the last week showed a high content of organic chloride, three trade sources familiar with the matter told Reuters on Tuesday.

Putin Accuses Bulgaria of Holding up TurkStream Pipeline

Russian President Vladimir Putin accused Bulgaria of deliberately delaying the implementation of Russia’s TurkStream natural gas pipeline on its territory and said that Moscow could find ways to bypass Bulgaria if needed.

Transneft Extends Oil Transit Deal with Ukraine Operator

Ukrainian pipeline operator Ukrtransnafta said it has agreed to a 10-year oil transit extension with Russia’s Transneft.

Long Time Coming: Power Of Siberia Delivers First Gas

The 1,865-mile (3,000-km) Power of Siberia $9 billion gas pipeline is set to become the longest transmission pipeline, east of the Ural Mountains, with its first delivery in mid-December. It will transmit 61 Bcm of natural gas a year from Irkutsk and Yakutia to Russia’s Far East, bringing vital energy for the economic development of the Russian side of the Amur River and onward.

Belarus Starts Maintenance on Druzhba Pipeline, Poland Supplies Reduced - Source

Belarus has started planned maintenance on the Druzhba oil pipeline, the main transit route for Russian oil exports to Europe, resulting in reduced oil supplies to Poland, a source familiar with the plan told Reuters.

Putin: Nord Stream 2 Will be Finished by Q1 2021

Russian President Vladimir Putin said he hoped the Nord Stream 2 gas pipeline would be completed by the end of the year or in the first quarter of 2021, after sanctions imposed by the United States delayed construction.

Belarus Halts Own Oil Exports to Germany, Russian Oil Transit Unaffected — Sources

Belarus' state oil company Belorusneft has suspended supplies of its own oil to Germany this month as Minsk needs to compensate for shortages of Russia-sourced oil amid a contract dispute with Moscow, four industry sources told Reuters on Friday.

Turkey, Russia Launch TurkStream Pipeline

The presidents of Turkey and Russia on Wednesday formally launched the TurkStream pipeline which will carry Russian natural gas to southern Europe through Turkey, part of Moscow's efforts to reduce shipments via Ukraine.

TurkStream Begins Gas Flows to Greece, North Macedonia

Russia has started European gas deliveries through the new TurkStream pipeline to Turkey, Bulgaria's Bulgartransgaz said on Sunday, as Moscow looks to reduce shipments via Ukraine.

Russia Resumes Limited Oil Supplies to Belarus Amid Talks

Belarus has reached an agreement with Russia for limited oil supplies after Moscow earlier this week stopped supplying crude amid stalled talks on strengthening economic ties between the neighboring countries.

Russian Oil, Condensate Output Surges to Record High in 2019

Russian oil and gas condensate production hit a record-high 11.25 MMbpd in 2019, despite the impact of a tainted oil crisis and voluntary production cuts under a global deal to prop up prices.

Germany Hails Russia-Ukraine Deal for Gas Transit to Europe

The German government has welcomed a deal between Russia and Ukraine to ensure the continued transit of Russian natural gas to Europe.

Dispute Brews as Russian Suppliers Divert Oil from Belarus

A new dispute over oil could be brewing between Russia and Belarus as Russian suppliers divert large volumes of crude to domestic ports in lieu of a deal on 2020 deliveries between the two countries

U.S. Sanctions Block Hurry-Up Work on Nord Stream 2

Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, senior U.S. officials said on Sunday.

Russia, Ukraine Finalize Deals for Gas Transit to Europe

Russian and Ukrainian gas companies say they have finalized a slew of contracts ensuring uninterrupted transit of Russian natural gas to Europe and providing at least $7 billion to Ukraine over the next five years.

Russia May Use Vessel Docked in Pacific to Finish Nord Stream 2

Russia may use a vessel currently docked at a far eastern port to finish the Nord Stream 2 gas pipeline to Germany, Russia's energy minister Alexander Novak told reporters on Friday.

Gazprom Pays $2.9 Billion to Ukraine's Naftogaz

Russian gas giant Gazprom announced Friday that it has paid US$2.9 billion to Ukraine's state-owned gas company, Naftogaz, in accordance with a ruling made by the Arbitration Institute of the Stockholm Chamber of Commerce.

Putin says Russia has Vessel to Build Nord Stream 2

President Vladimir Putin said Russia has a pipe-laying vessel to complete the construction of the Nord Stream 2 gas pipeline to Germany, the Kommersant daily newspaper reported, following sanctions imposed by Washington.

Russia to Retaliate for US Sanctions Against Nord Stream 2

The Russian government has vowed to retaliate against U.S. sanctions on a new Russia-Germany pipeline, work on which was suspended on Saturday.

No doubt of Nord Stream 2 Completion, but Later at Higher Cost

Russian and German officials say sanctions will add time and cost to construction of the Nord Stream 2 pipeline between their two countries, but alternatives are available for completion by in 2020.

Nord Stream 2 Says 100 Miles of Pipeline Left to Lay to Europe

The consortium behind Nord Stream 2 said on Monday that about 160 km (100 miles) of gas pipeline still needed to be laid, after a major contractor suspended work last week due to U.S. sanctions.

U.S. Sanctions Halt Allseas Work on Nord Stream 2

Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid U.S. sanctions contained in legislation signed by President Donald Trump on Friday.

Turkey Threatens Retaliation Against Possible U.S. Pipeline Sanctions

Turkish President Tayyip Erdogan was quoted as saying on Friday that Ankara would retaliate against potential U.S. sanctions over its purchase of Russian defense systems and the TurkStream gas pipeline.

Russia, Ukraine, EU Agree 'In Principle' on New Gas Deal

Russia, Ukraine and the European Commission, after hours-long talks on Thursday, agreed in principle on a new gas deal starting after Jan 1, 2020, European Commission Vice President Maros Sefcovic told a briefing.

Russia's Putin Says Moscow Plans to Keep Gas Transit Via Ukraine

Russian President Vladimir Putin said on Thursday that Moscow planned to keep gas transit via Ukraine irrespective of a number of gas pipelines Moscow currently builds to bypass its ex-Soviet neighbor.

Bill Imposing Sanctions on Companies Building Nord Stream 2 Heads to White House

The U.S. Senate on Tuesday passed legislation to slap sanctions on companies building a pipeline to bring Russian natural gas to Germany, but it was uncertain whether the measures would slow completion of the project.

U.S. Sanctions Could Hit Nord Stream 2 Construction in Danish waters

Germany believes a new U.S. law imposing sanctions on companies building Russia's contested seabed Nord Stream 2 pipeline could affect ongoing construction works off the coast of Denmark, Bild newspaper said, citing a government document.