Russia & CIS
Russia's Novatek to Launch Construction on Arctic LNG 2 Project in 2023
Leonid Mikhelson, the chief executive of Russian gas producer Novatek, said on Friday that the company aimed to start the first line of its Arctic LNG 2 project in 2023.
Lebanon, Egypt to Finalize Gas Import Deal on June 21
Lebanon will sign a "final" agreement to import gas from Egypt on June 21, its energy ministry told Reuters, after months of delays to a plan viewed as critical to boosting power supplies for Lebanon's stricken economy.
Gazprom CEO Sees No Solution to Nord Stream 1 Repair Delays Caused by Sanctions
Gazprom sees no solution to an ongoing equipment issue at the Portovaya compressor station, part of the Nord Stream 1 pipeline that carries Russian gas to Germany, its CEO said on Thursday.
Italgas Plans to Invest $4.7 Billion to Upgrade Gas Pipeline Network in Italy
Italgas plans to invest $4.7 billion to 2028 to complete the upgrade of its domestic Italian network, which includes 74,000 km (46,000 miles) of regulated gas pipelines, the company said on Wednesday.
Gazprom Cuts Gas Exports to Italy by 15% Following Nord Stream Pipeline Disruptions
Russia's Gazprom cut its gas exports to Italy by around 15% on Wednesday, Italian energy firm Eni said, a move that comes as the Russian group is also curbing its gas supplies via the Nord Stream 1 pipeline, blaming Western sanctions for disrupting repair works it needs to do on the network.
EU, Israel and Egypt Ink Framework Deal to Boost East Med Gas Exports to Europe
Israel and Egypt will aim to boost natural gas exports to Europe under a memorandum of understanding (MoU) signed on Wednesday as the continent looks to replace Russian energy imports.
Nord Stream Gas Capacity to Europe Constrained by Repair Delays
The capacity of Gazprom's Nord Stream 1 pipeline to supply gas to Europe is partly constrained as sanctions make it impossible for equipment supplier Siemens Energy to return a turbine being maintained in Canada, the companies said.
ONGC Expects Sanctions to Further Delay Russia's Sakhalin 1 Oil Project
Operations at Russia's Sakhalin 1 oil project will continue to face disruptions for 'a couple of months' as Western sanctions have hit insurance cover for ships to transport crude, according to India's ONGC Videsh, a stakeholder.
Dutch Government Reluctant to Boost Production from Groningen Gas Field
Tapping the Groningen gas field, which is being wound down due to a series of earthquakes, should be a "last resort", a Dutch minister said on Tuesday, after a government advisory body suggested using the field to help fill gas stores.
Sources: US to let Eni, Repsol Ship Venezuela Oil to Europe for Debt
Eni and Spain's Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, resuming oil-for-debt swaps halted two years ago when Washington stepped up sanctions on Venezuela.
Bosnian Region Extends Gazprom Gas Deal Until End-2022
Bosnia's major gas importer Energoinvest has extended a deal on gas supplies with Russia's Gazprom until the end of the year under unchanged conditions.
Poland Could Build Second Unit to Receive LNG amid Czech, Slovak Interest
Poland could build a second floating storage and regasification unit next to an already planned installation because the Czech Republic and Slovakia are interested in buying more LNG, the Polish climate minister said.
RTUs Working in the Field for Oil and Gas Pipelines
The second line of the China-Russia crude oil pipeline began commercial operation in January 2018 and doubled China’s annual imports of Russian crude oil from 15 million to 30 million tons.
Snam Buys Regasification Vessel as Italy Diversifies Energy Supplies
Italy's state-controlled Snam has agreed to buy a floating regasification terminal with capacity of 5 billion cubic meters a year from Golar LNG, as Rome works to cut its reliance on Russian gas.
Croatia Ready to Increase Adriatic Oil Pipeline Capacity, Hungary Says
Croatia is ready to increase the capacity of the Adriatic oil pipeline to supply Hungary and Slovakia with crude in case of any disruptions to imports from Russia via the Druzhba pipeline, Hungary's foreign minister said on Tuesday.
In Latin America, Peru Streaks Ahead in LNG Race to Europe as Trinidad Stumbles
As liquefied natural gas (LNG) producers try to take advantage of a global energy shift triggered by Europe's move to become independent from Russian gas, Latin America's only two LNG exporters are moving in opposite directions.
Denmark's Orsted Warns of Russian Gas Supply Halt After Spurning Ruble Payments
Orsted on Monday warned that Russia's Gazprom Export could stop supplying gas to the Danish energy company because it has refused to pay in rubles, but such a move would not immediately put Denmark's gas supplies at risk.
Eastward Yamal Flows Edge Lower, Other Flows Stable
Eastbound gas flows via the Yamal-Europe pipeline from Germany to Poland fell on Monday morning from their Friday levels, while flows via other routes were stable.
Ukraine Demands Germany Cut or Halt Nord Stream 1 Gas Flows
Ukraine's state gas company and gas infrastructure operator have issued a demand to the German government to either halt or severely curtail gas flows through the Nord Stream 1 pipeline, the head of the gas system operator said on Friday.
Slovakia Strikes Supply Deals for LNG, Piped Norwegian Gas
Slovakia's state gas firm SPP has struck deals to buy enough piped Norwegian gas and other shipments of LNG to cover around 65% of the country's demand until the end of next year, Economy Minister Richard Sulik said.
Poland Ends Deal to Receive Russian Gas after Ruble Dispute
Poland said on Monday it had terminated its agreement with Russia to receive Russian gas via the Yamal pipeline, after Warsaw rejected a demand to pay for the fuel in rubles and Moscow responded by cutting off supplies in April.
Russia Stops Gas Flows to Finland Over Payments Dispute
Russia's Gazprom on Saturday halted gas exports to neighboring Finland, in the latest escalation of an energy payments dispute with Western nations.
Germany, Qatar Sign Energy Partnership Agreement Focused on Gas
Germany and Qatar have signed a declaration to deepen their energy partnership, with a focus on trade in hydrogen and LNG, as Europe's biggest economy looks for alternative supplies amid Russia's invasion of Ukraine.
Finland Leases Floating LNG Terminal for 10 Years to Break Free from Russian Gas
Finland has agreed to a 10-year charter for a floating storage and regasification vessel with U.S. based Excelerate Energy to help replace Russian gas supply, finance minister Annika Saarikko said on Friday.
RWE: Germany Can Be Independent from Russian Gas by Spring 2025
Germany can wean itself off Russian gas within the next three years, the CEO of the country's largest power producer, RWE, told a newspaper.
Russia to Halt Gas Flows to Finland on Saturday
Russia's Gazprom has informed Finland it will halt flows of natural gas from Saturday morning, Gasum said on Friday, after the Finnish state-owned gas wholesaler refused to pay its Russian supplier in rubles.
Europe Will Need Nord Stream 2 Gas Pipeline One Day, Kremlin Says
Russia has no hope of starting up its undersea gas pipeline Nord Stream 2 anytime soon but is confident that Europe will need the pipeline someday regardless of what it says now, the Kremlin said on Thursday.
Israel Ramping Up Gas Output, Looks to Help Supply Europe
Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace Russian supply.
Eni Set to Open Rubles Account for Russia Gas Unless Told Otherwise by EU
Italian energy group Eni will begin the process of opening an account in rubles next week to pay for Russian gas unless it is told that would breach sanctions, three sources close to the matter said.
Ukraine Will Not Reopen Gas Route Until It Controls Pipeline System
Ukraine will not reopen the Sokhranovka gas transit route from Russia to Europe until Kyiv obtains full control over its pipeline system, the head of operator GTSOU said on Thursday.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
