Russia & CIS

Putin Accuses West of Blowing Up Pipelines as Europe Steps Up Vigilance

Russian President Vladimir Putin on Friday blamed the United States and its allies for blowing up the undersea Nord Stream pipelines, raising the temperature in a crisis that has left Europe racing to secure its energy infrastructure and supplies.

Netherlands Withdraws Exporting License from TurkStream Gas Pipeline

The Russian-owned operator of the TurkStream gas pipeline said on Thursday that the Netherlands had withdrawn its export license, but it will continue gas transportation, adding that it had requested the resumption of the license.

TotalEnergies to Move Forward with Natural Gas Contracts with Russia

TotalEnergies will stick to existing natural gas contracts in Russia as long as gas is not specifically targeted by European sanctions, the company's CEO said on Wednesday, reiterating a previously stated position.

Kremlin Rejects Claims Russia Attacked Nord Stream Gas Pipelines

The Kremlin on Wednesday said claims that Russia was somehow behind a possible attack on the Nord Stream gas pipelines were stupid, adding that the United States had opposed the pipelines and its companies had made big profits supplying gas to Europe.

EU Vows to Protect Energy Network After 'Sabotage' of Russian Gas Pipeline

The European Union on Wednesday promised a "robust" response to any intentional disruption of its energy infrastructure after saying it suspected sabotage was behind gas leaks discovered this week on subsea Russian pipelines to Europe.

Mysterious Gas Leaks from Russian Pipelines to Europe Raise Sabotage Fears

Europe was investigating leaks in two Russian gas pipelines that churned up the Baltic Sea on Tuesday and raised concerns from Copenhagen to Moscow about sabotage on infrastructure at the heart of an energy standoff.

Pressure in Defunct Nord Stream 2 Pipeline Plunges Overnight, Cause Unknown

Authorities in Germany are trying to establish what caused a sudden drop in pressure in the defunct Nord Stream 2 gas pipeline, with a spokesperson for its operator telling Reuters on Monday it could have been caused by a leak.

Equinor Strikes 10-Year Deal to Sell Gas to Poland's PGNiG

Norway's Equinor said on Friday it had entered into a 10-year agreement to sell natural gas to Poland's PGNiG as the central European nation scrambles to replace flows from Russia before the winter heating season kicks in.

Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas

Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole LNG terminal near Athens, the country's gas grid operator said on Thursday.

Russia’s Gazprom Loads First Cargo from New Portovaya LNG Plant

Russia's energy giant Gazprom has loaded its first cargo from the Portovaya LNG plant close to the Russia-Finland border, which has a capacity of 1.5 million tonnes per annum.

Explainer: Does China Need More Russian Gas via the Power-of-Siberia 2 Pipeline?

Russian President Vladimir Putin held a meeting with his counterparts from China and Mongolia on Thursday, where they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.

Mongolian President Advocates for Russia-China Oil, Gas Pipelines via Mongolia

Russian energy giant Gazprom hopes to build the Power of Siberia 2 gas pipeline via Mongolia to China with a view to exporting 50 billion cubic meters of gas per year via the route by 2030.

Turkmenistan Pipe Dreams: Russia, China Both Make Overtures

(P&GJ) — Russia’s invasion of Ukraine has quickly transformed the West’s relationship with Russia. It’s forged Russia’s closer alignment with China. It seems that 2022 is becoming the year when everyone is rethinking the circles of power, especially in Eurasia.

Slovak’s SPP Inks LNG Supply Deal with Exxon

Slovakia's national gas importer SPP has signed an LNG supply deal with Exxon Mobil, SPP said on Thursday, as Europe races to secure alternatives to Russian gas.

EU Chief Intends to Cap Price of Russian Pipeline Gas

Upcoming European Commission proposals to tackle surging energy prices will aim to cap the price of gas Russia sends to Europe via pipelines and offer support to electricity producers facing a liquidity squeeze, the EU's chief said on Monday.

Tokyo Gas Inks Long-Term LNG Deal with New Sakhalin-2 Operator

Japan's biggest city gas supplier Tokyo Gas Co Ltd. has signed a long-term contract with a new Russian operator of Sakhalin-2 energy project to buy LNG, a spokesperson for the Japanese company said on Tuesday.

Wintershall Dea CEO: 'Insane' Prices Will Make People Abandon Gas

Wholesale gas prices have scaled "insane" levels that will ultimately hurt demand, although the lack of Russian gas means Europe's supply will be tight for several years, the CEO of German oil firm Wintershall Dea said on Tuesday.

US Contractors Exit Major Iraqi Gas Field Following String of Rocket Attacks

A series of rocket attacks on a gas field in northern Iraq has sent the U.S. contractors working on its expansion packing, dealing a blow to the Kurdish region's hopes of boosting its revenues and offering a small alternative to Russian gas.

TotalEnergies Sells 49% Stake in Russian Gas Field to Novatek

TotalEnergies agreed to sell to Novatek its 49% interest in Russia’s Termokarstovoye gas field back in July based on the company’s publicly shared principles of conduct for its Russian related business.

Pipeline Operator Gail Says India in Talks with Russia to Resume Gas Supply Deal

India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom and GAIL (India) Ltd., the state-run Indian company's chairman said at an annual shareholder meeting on Friday.

CPC Terminal Repairs to Delay Russian, Kazakh Crude Exports

Russian and Kazakh oil exports via the Caspian Pipeline Consortium's (CPC) Black Sea terminal face at least one month's disruption each once repairs begin on two of its three single mooring points, CPC confirmed on Tuesday.

France Pushes for Gas Terminals over Building $3 Billion Pipeline to Combat Crisis

A third gas pipeline between Spain and France would cost at least $3 billion and take years to complete, making it a less attractive option to address Europe's supply worries than new terminals to receive fuel by boat, France's energy transition ministry said.

Gazprom to Halt Natural Gas Deliveries on Nord Stream 1 Pipeline for Maintenance Work

The unscheduled maintenance on the Nord Stream 1 pipeline, which runs under the Baltic Sea to Germany, deepens an energy standoff between Moscow and Brussels which has already helped send inflation surging in the region and raised the risk of rationing and recession.

Midyear International Update: Midstream Steps Up as Europe Pivots from Russian Energy

(P&GJ) — Six months into Russia’s war on Ukraine, a global oil and gas supply squeeze has been further tightened by sanctions on the world’s largest energy exporter, sending power and fuel prices soaring.

Britain Set to Receive Rare LNG Shipment from Australia

Britain is set to receive a rare shipment of LNG from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.

Norway's July Natural Gas Exports Hit Record High as Demand, Prices Soar

Norwegian natural gas exports hit a record high of $13.26 billion in July as prices and demand in Europe surged amid disruption of Russian supplies, official data showed on Monday.

Gazprom Boosts Gas Flows to Hungary Via Turkstream Pipeline

Russia's Gazprom has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official said on Saturday.

Kazakhstan Plans to Sell Crude Oil Via Azeri Pipeline to Bypass Russia

Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to shut, three sources familiar with the matter said.

Oil Falls as Druzhba Pipeline Resumes Flows, US Stocks Build

Oil prices fell on Wednesday as flows on the Russia-to-Europe Druzhba pipeline resumed and after U.S. crude stocks rose far more than anticipated.

Saipem Enters Negotiations to End Arctic LNG 2 Project Contracts

Saipem is in talks to end two contracts related to Russia's $21-billion Arctic LNG 2 project led by Moscow-listed gas producer Novatek, the Italian energy services group said in its interim financial statement.