Russia & CIS

Putin Says Nord Stream 2 Link Ready to Calm Gas Prices

Russian President Vladimir Putin said the Nord Stream 2 undersea gas pipeline would help to calm a surge in European gas prices and was ready to start exports.

Gazprom Plans Third Line at Ust-Luga LNG Plant

Gazprom said its board has approved signing a memorandum with Linde and RusKhimAlyans to build a third line at an LNG plant at the Baltic Sea port of Ust-Luga.

Russian Gas Flows via Yamal-Europe Pipeline Reversed for 6th Day

The Yamal-Europe pipeline that usually delivers Russian gas to Western Europe was sending the fuel back to Poland for a sixth straight day on Sunday, according to data from German network operator Gascade.

Russia's Putin Lays Europe Gas Price Crisis Blame on Germany

President Vladimir Putin said on Thursday that Germany was reselling Russian gas to Poland and Ukraine rather than relieving an overheated market.

Russian Gas Flows via Yamal-Europe Pipeline Reversed for 3rd Day

The Yamal-Europe pipeline that sends Russian gas to Western Europe was operating in reverse for a third straight day on Thursday.

Ukraine's Naftogaz Calls for EU Anti-Monopoly Action Against Gazprom

EU competition chief Margrethe Vestager said the bloc asked questions of major energy companies "to understand if there is foul play in the energy market," but it was too early to reach any conclusions.

Russia Says it Hopes Nord Stream 2 Gas Pipeline Will be Certified

Russia hopes the Baltic Sea Nord Stream 2 gas pipeline, which was completed in September but remains idle, will eventually be certified.

Russian Gas Flows via Yamal Pipeline Reversed for Second Day

Russian gas flows via the Yamal-Europe pipeline to Germany continued to flow in reverse mode for a second day on Wednesday, keeping European gas prices high.

Gazprom Expects Dividend on 2021 Results at More Than 45 Roubles/Share

Russian energy giant Gazprom expects to pay dividend on 2021 results of more than 45 roubles ($0.6087) per share thanks to high oil and gas prices.

European Gas Prices Hit Record as Russian Flows via Yamal Reverse

Westward gas flows through the Yamal-Europe pipeline, one of the major routes for Russian gas to Europe, had been falling since Saturday and, after stopping early on Tuesday, reversed direction.

Gas Prices Surge in Europe as Russian Yamal Pipeline Exports Fall

European natural gas prices jumped more than 8% on Monday, nearing an all-time high, with Russian deliveries to Germany through the Yamal-Europe pipeline at very low levels.

Russian Gas Exports to Europe Via Yamal Pipeline Fall Again

Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have fell again on Sunday after rising briefly from Saturday levels, data showed.

Nord Stream 2 Starts Filling Second Pipe with Natural Gas

Nord Stream 2 AG started filling its second pipe with natural gas, stepping up preparations to launch a project that has sparked global political tensions and is yet to get the green light from Germany.

British, EU Gas Prices Soar as Less Russian Gas Expected on Friday

British and European wholesale gas prices closed at record highs after data indicated Russian gas exports to Germany through the Yamal pipeline were not expected on Friday.

Nord Stream 2 Won't Go Live in First Half of 2022, German Regulator Warns

The German energy regulator's eagerly-awaited decision on fully certifying the Nord Stream 2 gas pipeline won't come in the first half of next year, it said on Thursday.

Russian Gas Exports to Europe via Yamal Pipeline on the Rise

Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have increased in the early hours of Wednesday.

Gazprom's European Gas Export Growth Slows to 4.8%

The pace of Gazprom's natural gas exports' growth to Europe has been gradually slowing in recent months to just under 5% from double digits seen earlier in the year.

Nord Stream 2 Gas Unlikely to Flow if Russia Renews Ukraine Aggression, US Says

Gas is unlikely to flow through the Nord Stream 2 pipeline if Russia renews its aggression against Ukraine, U.S. Secretary of State Antony Blinken said.

EU Tells Russia Aggression Against Ukraine Would "Come at a Price"

The head of the European Commission declined to say outright if such a move by Moscow would trigger EU sanctions against the Russian gas pipeline Nord Stream 2.

Polish PM Tells Germany's Scholz Not to 'Give in' Over Nord Stream 2

Poland's prime minister said he would call on Germany's newly appointed Chancellor Olaf Scholz to oppose the start-up of Nord Stream 2.

US Has 'Understanding' With Germany to Shut Nord Stream 2 Pipeline if Russia Invades Ukraine

United States officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.

Global News December 2021

German Regulator Stalls Nord Stream 2, Ida Reduced Gas Production More Than Any Hurricane in Past Decade, Israeli Energy Minister Proposes Ending UAE Pipeline Deal and more are included in this month's global headlines.

Kremlin Hopes Belarus Won't Stop Gas Transit to EU Amid Migrant Crisis

Russia hopes Belarus will not suspend gas transit to Europe, the Kremlin said on Wednesday, after Belarusian President Alexander Lukashenko threatened to block shipments as part of a crisis over migrants at the border.

Ukraine's Naftogaz Says Russia-EU Gas Transit Deal May Not be Renewed

Ukraine's state energy firm Naftogaz has no power to halt the Nord Stream 2 pipeline being built between Russia and Germany, despite its role in the certification process, while its own transit deal with Russia may not be renewed.

Gazprom Reports Record Quarter Profits on Surging Gas Prices

Russia's Gazprom reported a record quarterly net profit of 581.8 billion roubles ($7.8 billion) for the third quarter reflecting high natural gas prices and said it expected even higher earnings in the last three months of the year.

Germany Said to be Working with US on Nord Stream 2 Deal

Germany's foreign ministry said it continued to coordinate closely with the U.S. administration on implementing a joint declaration on the $11 billion pipeline.

Moldova Settles Debt for Gas to Russia, Averts Energy Crisis

Moldova has paid for Russian natural gas it received in October and the first half of November, Moldovagaz said in a statement, averting a possible crisis over a payment dispute.

Gazprom Nearly Doubles Planned Investments to $24 Billion in 2022

Russian gas giant Gazprom said its management has approved investments worth 1.76 trillion roubles ($24 billion) for 2022, up from initial plans of 902 billion roubles for 2021, to fund new production and refining hubs.

Delay to Nord Stream 2 Pipeline May Be Short - Analyst

The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said after meeting officials of Russian state gas giant Gazprom.