Russia & CIS

Bulgaria and Greece Plan Joint Gas Purchases for Southeast Europe

Bulgaria and Greece have agreed to seek joint gas deliveries for southeastern Europe and decrease its reliance on Russian gas amid the war in Ukraine, Bulgarian Energy Minister Alexander Nikolov said.

Greece, Bulgaria to Build New LNG Terminal to Help Cut Reliance on Russia

A new LNG facility to be built off the northern Greek port of Alexandroupolis and carry gas to the shore via a 28-km long pipeline is expected to help create a new gas route for Europe and cut reliance on Russian gas.

Nigeria Oil Minister Says Russia Interested in Gas Pipeline to Morocco

Russia has expressed interest in investing in the Nigeria-Morocco gas pipeline project that has been on the cards since 2016/ Besides linking the two countries, the 5,660 km (3,517 miles) pipeline is also expected to connect some other African countries to Europe.

Gazprom Has Not Booked Capacity Via Yamal Pipeline for Q3

Russian gas giant Gazprom has not booked any gas transit capacity via the Yamal-Europe pipeline for the third quarter, Interfax news agency reported on Monday, citing the latest auction results on the GSA Platform.

Uniper Sees Russian Gas Imports as Safe Despite Supply Stop to Poland, Bulgaria

Uniper sees Russian gas flows into Germany as secure for now despite a halt in supplies to Poland and Bulgaria as transit volumes headed elsewhere would be unaffected, Germany's top importer of Russian gas said on Wednesday.

Russia Cuts Natural Gas to Poland, Bulgaria, Taking Aim at European Economies

Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand for payment in rubles, taking direct aim at European economies in its toughest retaliation so far against international sanctions over the war in Ukraine.

Poland: Russia Threatened to Halt Yamal Pipeline Gas Wednesday

Gazprom said it will halt natural gas supplies along the Yamal pipeline from Wednesday morning, Poland's PGNiG said, although the Polish government said it had sufficient reserves.

Gazprom May Lose a Third of Its Gas Exports to Europe in 2022 — Analysts

Gazprom's gas exports to Europe could fall by around a third this year due to the crisis in Ukraine, rivalry with LNG, and plans to switch to ruble payments, analysts said.

Shell in Talks with Chinese Firms to Sell Stake in Russian Gas Project

Energy giant Shell is in talks with some Chinese companies to sell its stake in a major Russian gas project amid sanctions imposed on Moscow over its invasion of Ukraine.

Slovakia Says Gas Pipeline to Poland Almost Finished, Will Help Diversification

A pipeline connecting Slovakia to Poland which will allow landlocked Slovakia to tap LNG supplies is nearly complete and functional tests will start in July.

Moldova Pays Russia's Gazprom in Full for April Gas Supplies

Moldova has paid Russian gas producer Gazprom in full for its gas consumption in April, the head of state energy firm Moldovagaz Vadim Ceban said.

Rising Calls for US LNG to Revive Stalled Export Projects, But at Higher Costs

Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track.

Exxon Mobil May Completely Withdraw from Russia by June 24 — Sources

Exxon Mobil is considering a complete withdrawal from Russia by June 24, following the U.S. group's decision back in March to exit from its oil and gas operations in the country.

Gas Interconnection Poland-Lithuania Pipeline Project Completed

The construction of the 508-km (315 mile) Gas Interconnection Poland-Lithuania (GIPL) pipeline has been completed, and partial capacity will be available beginning May 1, according to operator Amber Grid Corp.

Short-Term Energy Outlook Heavily Influenced by Russia’s Invasion

EIA’s March Short-Term Energy Outlook (STEO) addresses heightened levels of uncertainty resulting from a variety of factors, including Russia’s further invasion of Ukraine.

Germany Weighs Leasing Additional Floating LNG Terminal

Germany has signed contracts to lease three floating LNG gas terminals and is considering getting a fourth to more quickly reduce dependence on Russia for gas supplies, a government source said.

BASF Reports Q1 Profit Slump Due to Nord Stream 2 Impairments

Germany halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

Greece, Cyprus, Israel Continue Work on Natgas Pipeline Projects Amid Ukraine War

Greece, Cyprus and Israel will continue working together on natural gas pipeline projects with European energy dependency a new focus because of the war in Ukraine.

Russian Gas Flows on Key Pipelines to Europe Remain Steady

Russian gas deliveries via three key pipelines into Europe were little changed on Tuesday morning, with physical flows on the Yamal-Europe pipeline at the German border point of Mallnow at zero for a third day.

Exxon Mobil Suspends Russian Far East LNG Project

Exxon Mobil has suspended its LNG project in Russia's Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions.

Gas Flows Via Yamal-Europe Pipeline Resume Eastwards; Other Flows Steady

Russian gas via the Yamal-Europe pipeline has resumed eastward flows from Germany to Poland, while flows via other major Russian supply routes were steady despite President Vladimir Putin's vow to cut off flows unless customers pay in rubles.

Greece Will Review Plans on Additional LNG Cargoes If Russian Gas Flows Stop

The Greek gas grid operator will review its plans on additional cargoes of LNG that Greece might need if Russia stops gas supplies to the country, the energy ministry said.

Russian Gas Supplies to Europe Ease as Westward Yamal Flows Stop Again

Russian gas deliveries to Europe on three key pipeline routes eased slightly as flows on the Yamal-Europe pipeline to Germany stopped after a brief resumption on Wednesday.

Gas Flows Via Yamal-Europe Pipeline Fall to Zero, Other Flows Steady

Physical gas flows through the Yamal-Europe pipeline at Germany's Mallnow point fell to zero on Tuesday, while Russian gas deliveries to Europe on the other two key pipeline routes were broadly steady.

Israel-Turkey Gas Pipeline an Option for Russia-Wary Europe — Sources

A Turkey-Israel gas pipeline is being discussed behind the scenes as one of Europe's alternatives to Russian energy supplies, but it will take complicated maneuvering to reach any deal.

US, German Officials to Meet This Week on LNG, Hydrogen Supplies

U.S. and German government officials will meet with energy executives in Berlin to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.

US Oil Exports Surge, Drawing Crude Away from Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the Gulf Coast.

Russian Gas Flows to Europe Remain Stable

Russian gas deliveries to Europe on three main pipeline routes were stable on Monday, with the Yamal-Europe pipeline continuing to flow eastwards from Germany into Poland.

Sanctions on Russian Oil, Gas Will Hammer Global Market, Novak Says

Germany halted the Nord Stream 2 gas pipeline project, which was designed to double the flow of Russian gas heading direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

Shell Signs Deal to Receive LNG at Future German Brunsbuettel Terminal

Shell has committed to booking a substantial part of a yet-to-be built landing terminal for LNG at the North Sea port of Brunsbuettel, as companies strive to lower their dependency on Russian pipeline gas.