Russian Gas

• EU could face gas shortage next year as Ukraine war continues, IEA warns

  Despite Russia slashing gas deliveries this year, Europe has averted a severe shortage and started the winter with brimming gas storage tanks.

  World

  Dec 12, 2022
  
• Seaborne Russian oil will be price capped at US$60 a barrel, EU nations say

  Europe needed to set the discounted price that other nations will pay by Monday, when an EU embargo on Russian oil shipped by sea and a ban on their insurance take effect.

  World

  Dec 2, 2022
  
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• China to cut winter gas purchases easing Europe’s supply pressures

  China should yield its top importer title back to Japan this year, easing pressure on the global market and offering much-needed relief to Europe.

  World

  Oct 12, 2022
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• Germany sticks to plan of shutting down nuclear power but leaves loophole

  Germany is scrambling to ensure the lights stay on and homes stay warm this winter despite the reduction in natural gas flows from Russia amid the war in Ukraine.

  World

  Sep 5, 2022
• Hungary turns to Russia’s Gazprom for increased gas supplies: foreign minister

  Gazprom started to increase gas supplies to Hungary this month, adding to previously agreed deliveries via the Turkstream pipeline.

  World

  Aug 29, 2022
• Russia burning gas into atmosphere as it scales back Europe supply

  Flaring is a common practice in oil and gas production, but the current level is unusually high and the timing is sensitive because of the Russian supply cuts.

  World

  Aug 26, 2022
• Canada’s turbine return at issue as Ukrainian ambassador appears before MPs

  Yulia Kovaliv is to appear before a committee of MPs looking into Ottawa's decision to allow a turbine to be released to Gazprom, which Canada has sanctioned.

  Canada

  Aug 4, 2022
• EU countries compromise on gas cuts amid further Russian reductions

  European Union countries approved a weakened emergency plan to curb their gas demand on Tuesday, after striking compromise deals to reduce the cuts for some countries.

  World

  Jul 26, 2022
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• Nord Stream 1 pipeline to Europe from Russia restarts after gas shutdown

  The Nord Stream 1 pipeline under the Baltic Sea to Germany had been closed since July 11 for annual maintenance work.

  World

  Jul 21, 2022
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• EU proposes reducing gas use by 15% as threat of Russian cutoff looms

  While the initial cuts would be voluntary cuts, the European Commission also asked for the power to impose mandatory reductions across the bloc in the event of an EU-wide alert.

  World

  Jul 20, 2022