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WARSAW, Poland (AFP) – A Polish court on Monday overturned a decision by Poland’s anti-monopoly watchdog to impose a 6.2 billion euro ($6.3 billion) fine against Russian gas giant Gazprom, the watchdog said. The fine imposed in 2020 against Gazprom and five other companies, including British-Dutch giant Shell, was over construction of the Nord Stream 2 pipeline. Supplies through the gas pipeline linking Russia and Germany have since been halted because of Russia’s invasion of Ukraine. […]
PARIS, France (AFP) — French energy firm Engie said Tuesday that Russian energy giant Gazprom was slashing its natural gas deliveries “due to a disagreement between both sides over the execution of contracts”. Engie added in a statement that Russian gas supplies had already been reduced drastically after Russia invaded Ukraine in February. “Engie had already secured the necessary volumes to guarantee supplies for its clients and for its own needs,” it said. Russia […]
by Frankie Taggart Agence France-Presse KYIV, Ukraine (AFP) — Russia’s state-owned gas company on Monday announced an unexpected, drastic cut in supply to Europe, leading Ukraine to call the West to action over the “gas war”. The gas cuts came amid guarded hope of resuming exports this week of another key commodity — Ukraine’s grain — under a breakthrough deal that was called into question by a strike by Moscow on the key port of […]
Assurance made during discussion with President-elect Marcos Jr. (Eagle News) – The Russian government will help the Philippines in its oil and energy needs, the Russian ambassador to the Philippines assured on Monday, June 13. In his remarks after his courtesy call on President-elect Ferdinand Marcos Jr., Russian ambassador Marat Pavlov said that his government would help the Philippines during this time of energy crisis. Russia is one of the top oil producers in […]
MOSCOW, Russia (AFP) — Russia’s Gazprom said Wednesday its gas exports to countries outside of the former Soviet Union dropped by more than a quarter year-on-year between January and May after losing several European clients. Exports to countries outside the region totalled 61 billion cubic metres, a 27.6 percent fall from the same period last year, the energy giant said in a statement. Gazprom added that gas deliveries to China via the “Power of Siberia” […]
MOSCOW, Russia (AFP) — Russia’s Gazprom said Tuesday it had halted gas supplies to the Netherlands after Dutch energy firm GasTerra refused to pay in rubles following the Russian military offensive in Ukraine. “Gazprom has completely stopped gas supplies to GasTerra due to non-payment in rubles,” the Russian gas giant said in a statement. Moscow has demanded that clients from “unfriendly countries” — including EU member states — pay for its gas in rubles, a […]
HELSINKI, Finland (AFP) — Russia on Saturday stopped providing natural gas to neighbouring Finland, which has angered Moscow by applying for NATO membership, after the Nordic country refused to pay supplier Gazprom in rubles. Following Russia’s February 24 invasion of Ukraine, Moscow has asked clients from “unfriendly countries” — including EU member states — to pay for gas in rubles, a way to sidestep Western financial sanctions against its central bank. Gazprom said in […]
by Dave CLARK Agence France Presse The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow’s demand that imports be paid for in rubles. The European Commission will on Tuesday propose to member states a new package of sanctions to punish President Vladimir Putin’s Kremlin for its invasion of Ukraine, including an embargo on Russian oil, officials said. But […]
MOSCOW, Russia (AFP) — Russia’s energy giant Gazprom said Wednesday it had stopped all gas supplies to Poland and highly dependent Bulgaria after not receiving payment in rubles from the two EU members. President Vladimir Putin last month said Russia will only accept payment for deliveries in its national currency, with buyers required to set up ruble accounts or have their taps turned off. Gazprom said in a statement it notified Bulgaria’s state-owned gas […]
PARIS, France (AFP) — Russia has been expelled from the World Cup after being suspended from all international competitions “until further notice”, FIFA and UEFA announced in a joint statement on Monday, while European football’s governing body also ended its partnership with Russian energy giant Gazprom. The men’s team had been due to play in qualifying play-offs in March for the World Cup in Qatar later this year, while its women’s side had qualified […]
MOSCOW, Russia (AFP) — Russia will start supplying gas to China through a new pipeline by the end of 2019, state gas giant Gazprom said Tuesday, as part of a mammoth $400-billion deal. “Today a deal was signed…about the date of the start of gas deliveries through the ‘Power of Siberia’ pipeline. It is December 20, 2019,” Gazprom boss Alexei Miller told journalists. After a decade of negotiations, Russia inked a mammoth 30-year deal in […]
VIENNA, Austria (AFP) — Austria arrested one of Ukraine’s richest men on Tuesday, a fresh twist for the one-time ally of ousted pro-Russian president Viktor Yanukovych. Gas magnate Dmytro Firtash was taken into custody over alleged links to organized crime in Spain, moments after a Vienna court ruled he could be extradited to the United States on corruption charges. Firtash, 51, made money through connections with Russian gas giant Gazprom, and was at one time linked […]
