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Tag Archives: supply

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How EU halt of Ukrainian grain imports could impact global food supply

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Nord Stream gas supply to EU stopped indefinitely – Gazprom

Russian energy giant Gazprom announced on Friday the suspension of natural gas supplies to the EU via the Nord Stream 1 pipeline, for an indefinite period, due to technical malfunctions. The pipeline was supposed to restart on September 3 following repairs to its sole operating turbine. According to the company, …

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Russia cuts off gas supply to French energy giant

Russian state-owned energy giant Gazprom confirmed on Tuesday it had cut off off gas supplies to French utilities company Engie. The Paris-based firm has failed to pay for July gas deliveries in full, the Saint Petersburg major explained. Gazprom informed Engie that it would cease the gas deliveries starting September …

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India negotiates resumption of LNG supply from Russia

India is currently in talks with Russia to resume gas supplies under the long-term import deal between Russian state energy giant Gazprom and India’s state-controlled GAIL, according to GAIL chairman Manoj Jain, as cited by Reuters. GAIL, the largest gas distributor and operator of pipelines in the country, couldn’t receive …

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EU country offers solution to resume Russian oil supply

The Hungarian oil and gas company MOL confirmed on Tuesday that Russian crude supplies via the southern branch of the Druzhba pipeline stopped a few days ago, and said it had initiated negotiations to assume obligations to pay for transit. The company responsible for Russian oil supplies to the EU, …

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Gazprom halts gas supply to Baltic nation

Russian gas giant Gazprom said on Saturday that it has stopped deliveries to Latvia due to “violations of the terms of gas extraction.” This week, Aigars Kalvitis, chairman of gas company Latvijas Gaze, told the media that his country continued to buy Russian natural gas even after refusing to comply …

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US power companies brace for supply crisis – Reuters

American power providers are facing supply shortages that stem from increased pressure on the grid due to record-high temperatures, as people boost the use of air conditioning, Reuters reported on Wednesday. According to Refinitiv data, the weather in the US has already been some 21% warmer than the 30-year average. …

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Russia to supply neighbor with Iskander-M missile systems

Moscow is going to provide Minsk with Iskander-M mobile short-range missile systems, Russia’s President Vladimir Putin said during a meeting with his Belarusian counterpart Alexander Lukashenko on Saturday. “The decision has been made. Within the next few months, we’ll transfer to Belarus the Iskander-M tactical missile systems, which can use …

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Another EU buyer says Russia reduced gas supply

France’s multinational utility corporation Engie said on Thursday that Russia has reduced gas shipments, Bloomberg reports, citing a company statement. Similar announcements have been issued by several European utilities, including Germany’s Uniper, Italy’s Eni and Austria’s OMV. The reduction of supplies to Europe to less than half of the usual …

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