Russia & CIS
Global News
OPEC Predicts Oil Demand to Plateau in Late 2030s World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits. ..
Nord Stream 2 Sanctions Included in U.S. Defense Bill
Sanctions that could hinder one of Moscow's most important projects in Europe, the Nord Stream 2 natural gas pipeline, have been included in the annual U.S. defense policy bill, two congressional aides said on Wednesday.
Russia's Gazprom Proposes Gas Price Rise for Poland
Poland's dominant gas company PGNiG said its biggest supplier, Russia's Gazprom , had proposed increasing prices for its gas in an existing long-term delivery deal, at a time of heightened tensions between Moscow and Warsaw.
Energy Leaders Leave Door Open to More Cuts as Virus Spikes
Saudi Arabia's energy minister said Monday that global energy producers have the ability to tweak an agreement on production cuts that could be extended through the end of 2022, signaling the anticipation of continued weakened demand for oil as the coronavirus pandemic peaks again in Europe and the United States
Oil Pipeline Catches Fire in Western Siberia
A pipeline at an oilfield operated by a subsidiary of Gazpromneft, the oil arm of Russian gas producer Gazprom, burst and caught fire early on Saturday.
Azerbaijan to Proceed with Gas Pipeline Extension, Despite War
Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.
Gazprom Files Appeal in Poland Against Hefty Nord Stream 2 Fine
Gazprom filed an appeal in a court in Poland on Wednesday to challenge a hefty fine imposed on it for its part in the Nord Stream 2 pipeline, the Russian gas producer said.
Russia's Gazprom Seeks More Capacity to Transport Gas Through Ukraine — Naftogaz
The head of Ukraine's state natural gas firm Naftogaz said Russia's Gazprom has approached them seeking to book more transport capacity on its natural gas pipelines to Europe.
Nord Stream 2 Pipe-Laying Vessel Nears Project Hub
A Russian pipe-laying vessel, expected to help complete the $11 billion Nord Stream 2 pipeline, is heading towards a pipeline storage yard for the project in Germany, according to ship-tracking data.
Belarus Resumes Pipeline Transit of Russian Oil to Poland
Belarus resumed transit of Russian oil to Poland, after pipeline operator PERN said it had to temporarily suspend flows due to local power-supply issues.
BP Says Trans Adriatic Pipeline to be Ready by End of 2020
BP said it expects to begin shipping natural gas on the Trans Adriatic Pipeline by the end of 2020.
New Gas Pipeline Could Heat up Azeri-Russian Rivalry
Strained Azeri-Russian ties are facing further pressure from the launch of a major gas pipeline this year that could squeeze Moscow's gas sales to Europe.
Top Shipping Insurance Group Will Not Cover Ships Linked to Nord Stream 2
The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.
Germany Offered to Build LNG Terminals to Avert U.S. Pipeline Sanctions - Die Zeit
A new report from a German newspaper says that the country told the U.S. it would spend $1.2 billion to build two LNG terminals in exchange for not imposing sanctions on the Nord Stream 2 pipeline project.
German State Leader Says Nord Stream 2 Should not be Used to Punish Russia
The leader of the German state where the Nord Stream 2 pipeline is to come onshore has said the pipeline should not be used as punishment against the Kremlin for the poisoning of a ciritc of Russian President Vladimir Putin.
Part 2: Background of the Ukraine’s Mega-Challenges
Since 2014, Ukraine has undertaken considerable reforms to reinforce macroeconomic stability and bolster the foundations of growth. After a significant contraction in 2014-2015, economic growth has picked up (2.4% in 2016-2017, 3.5% in 2018-2019). However, higher sustained economic growth is needed to deliver a durable improvement in living standards.
German Chancellor Dampens Talk of Halting Nord Stream 2 — Party Sources
German Chancellor Angela Merkel downplayed the possibility of halting Russia's Nord Stream 2 pipeline in response to the poisoning of a top Kremlin critic Alexei Navalny.
Merkel Doesn't Rule Out Sanctions on Nord Stream 2
Chancellor Angela Merkel does not rule out imposing sanctions on a pipeline set to bring Russian gas to Germany in response to the suspected poisoning of a Kremlin critic with a Soviet-style nerve agent, her chief spokesman said on Monday.
Merkel Doesn't Rule Out Sanctions on Nord Stream 2
Chancellor Angela Merkel does not rule out imposing sanctions on a pipeline set to bring Russian gas to Germany in response to the suspected poisoning of a Kremlin critic with a Soviet-style nerve agent, her chief spokesman said on Monday.
Hungary Signs Gas Deal with Shell, its First in the West
Hungary has signed a six-year deal to purchase 250 million cubic meters of LNG from Shell, its first gas deal with a western company.
Germany Pressed to Rethink Nord Stream 2 Pipeline After Navalny Poisoning
The German government is feeling pressure to dampen its support for the Kremlin's Russia-Germany Nord Stream 2 gas pipeline after a major political opponent to Russian President Vladimir Putin was confirmed to have been poisoned with a Soviet-era nerve agent.
Russia's Lukoil Suspends Uzbek Gas Exports to China Due to Weak Demand
An official from Russia's Lukoil said in a conference call on Friday the company has suspended gas deliveries to China from its projects in Uzbekistan due to weak demand amid the coronavirus pandemic.
Greece, Bulgaria Hail Deal Targeting Russia Gas Dominance
Greece and Bulgaria sought to reduce their reliance on Russian gas with the signing Monday of an agreement that will allow Bulgaria to participate in a planned LNG terminal in northeastern Greece.
Ukraine Says no Plans to Resume Gas Purchases from Russia
Ukraine has said it would not resume buying natural gas supplies from Russia until Moscow offers competitive terms and pricing.
U.S. Keen to Ensure Russian Pipeline Does not Threaten Europe — Pompeo
The U.S. Secretary of State Mike Pompeo told lawmakers on Thursday that the U.S. will do everything it can to ensure Russia's Nord Stream 2 natural gas pipeline does not pose a security threat to Europe.
U.S. Extends Sanctions on Companies for Work on Russian Pipelines
U.S. Secretary of State Mike Pompeo announced on Wednesday that the country will be extending sanctions against companies working on two major Russian pipelines if the firms do not halt their work.
Fighting on Azerbaijan-Armenia Border Raises Pipeline Concerns
Several Azeri soldiers have been killed and Armenian soldiers and police wounded in border clashes, both countries said on Monday, in an area near several pipeline crossings.
Russia's Blue Stream Gas Pipeline to Turkey Idle Since May — Sources
Russia's Blue Stream gas pipeline, which transports gas to Turkey, remains shut after scheduled maintenance was completed at the end of May.
Bulgartransgaz Offered Over $600 Million to Complete TurkStream Expansion
Bulgaria's state-owned Bulgartransgaz said it has received offers totaling more than $600 million to help complete an expansion of the TurkStream gas pipeline.
Hungary, Gazprom Agree to Long-Term Gas Supply Deal
Hungary and Russian gas giant Gazprom have agreed to a flexible, 15-year gas supply deal that gives the central European country the ability to renegotiate or cancel the deal if alternative supply methods become available.
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