Russian energy company Gazprom today "temporarily" suspended gas supplies through the pipeline connecting Russia to Europe, as it had previously announced. Russia's state-owned energy company communicated earlier in August that it would cut off the flow of gas through the Nord Stream 1 pipeline for work...
Tag: Gazprom
Oxford Economics says EU and Russia would gain from gas war truce
Dependence on Russian natural gas continues to be used by Moscow to put political pressure on the European Union. Exports have fallen to less than a quarter and Gazprom may even turn off the tap, increasing the likelihood of winter rationing and a recession in the bloc. Oxford Economics considers, however, that there is...
Russia today reduced gas supplies to Germany
The Russian gas company Gazprom reduced this Wednesday "for technical reasons" the supply to Germany corresponding to the fifth part of the capacity of the Nord Stream pipeline, indicate the data published on the company's official website. The reduction of Russian fuel flow began at 09:00 in Moscow (07:00 in Maputo) and according to information that...
Russia interrupts gas supplies to Europe
Russian state-owned energy company and the world's largest exporter of natural gas, Gazprom, explained last week to its European customers that due to "force majeure" circumstances it will not be able to continue supplying gas through the Nordstream 1 pipeline. The indication was reportedly sent to at least one major customer last week, the...
Shell abandons joint ventures with Russia's Gazprom
Shell will disassociate its joint ventures with Russian state energy company Gazprom, a day after BP announced it would sell its 20% stake in Kremlin-owned oil company Rosneft as British companies distance themselves from Vladimir Putin. The oil company said it will...