Gazprom Export has applied for international arbitration in its dispute with PGNiG over an upward revision of a gas contract price, a demand the Polish state-owned gas monopoly has said it would fight in court. “As business negotiations on the price revision in line with above requests did not lead …
Read More »Russia not delivering enough gas to Europe is ‘a pack of lies’ – Gazprom
“All the allegations against Russia and Gazprom relating to delivering an insufficient amount of gas to the European market are absolutely groundless, unacceptable and untrue. In other words, it is a pack of lies,” he said in an interview with the Russia-24 TV channel. Kupriyanov added that Gazprom is ready …
Read More »Claims Russia ‘choking’ European gas supply are ‘lies’ – Gazprom
“All accusations alleging that we undersupply gas to the European market are absolutely baseless, unacceptable and inconsistent with reality,” Gazprom’s spokesman, Sergey Kupriyanov, told journalists, adding that all such statements are nothing but “lies.” The heated statement came in response to accusations leveled against Moscow by some Western officials earlier …
Read More »Gazprom will halt gas supply to Moldova in 48 hours – spokesman
“Today is the scheduled date of payment. Yet, there is no payment,” Sergey Kupriyanov, Gazprom board chairman’s spokesman, said in a statement, adding that the energy giant is “extremely disappointed” with Moldova’s failure to fulfill its obligations under the recently extended contract. The deal was struck in late October following …
Read More »Gazprom strikes gas supply deal with Moldova on ‘mutually beneficial terms,’ averting emergency
Gazprom and Chisinau “have extended the contract on the Russian gas supplies to the Moldovan customers for five years, starting on November 1,” the company said late on Friday in a short statement. The deal was struck on “mutually beneficial terms,” it added. The deal comes after weeks of stalled …
Read More »European gas prices fall as Gazprom signals additional supplies in November
The price of gas futures for November delivery at the TTF hub in the Netherlands stood at $956 per thousand cubic meters – €79.8 per megawatt-hour in household terms – marking a sharp decline of 8%. Earlier this week, Gazprom CEO Alexey Miller said the company was ready to turn …
Read More »Amid gas supply shortages & surging prices, Putin directs Gazprom to fill EU storage units once Russian domestic demand satisfied
Russia’s own gas reserves have been under pressure this autumn, due to a perfect storm of negative conditions: an abnormally cold winter last year, and a frosty fall, combined with increased demand as the country’s economy recovered from the effects of the Covid-19 pandemic. “[Pumping more gas to Western Europe] …
Read More »Yappy: Russia’s Gazprom-Media launches domestic competitor to wildly popular Chinese video-sharing social network TikTok
Called ‘Yappy’, the social network has been described by its creators are an app where users can create vertical videos up to 60 seconds long, similar to TikTok. It is being aimed at Russians aged 14-34, with the company wishing to attract those who are “passionate about self-development and career.” …
Read More »Gazprom’s revenue surges 84% on booming gas exports
Statistics showed that the physical volume of gas exports during the reported period reached 123.8 billion cubic meters, marking a growth of almost 15%. In July, Gazprom exported $3.48 billion-worth of natural gas, a decrease of 2.1% on the previous month. According to data tracked by the customs service, the …
Read More »Nord Stream 2 gas pipeline has been completed, Russia’s Gazprom announces – US had tried to block vital infrastructure project
In a statement issued on Friday, Alexey Miller, Chairman of the Saint Petersburg-based energy giant, said that “at 8.45am this morning Moscow time, work on the Nord Stream 2 pipeline has been completed.” Earlier this week, Russian Foreign Minister Sergey Lavrov revealed that the laying of pipes under the Baltic …
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