Russia & CIS

Short-Term Energy Outlook Heavily Influenced by Russia’s Invasion

EIA’s March Short-Term Energy Outlook (STEO) addresses heightened levels of uncertainty resulting from a variety of factors, including Russia’s further invasion of Ukraine.

Germany Weighs Leasing Additional Floating LNG Terminal

Germany has signed contracts to lease three floating LNG gas terminals and is considering getting a fourth to more quickly reduce dependence on Russia for gas supplies, a government source said.

BASF Reports Q1 Profit Slump Due to Nord Stream 2 Impairments

Germany halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

Greece, Cyprus, Israel Continue Work on Natgas Pipeline Projects Amid Ukraine War

Greece, Cyprus and Israel will continue working together on natural gas pipeline projects with European energy dependency a new focus because of the war in Ukraine.

Russian Gas Flows on Key Pipelines to Europe Remain Steady

Russian gas deliveries via three key pipelines into Europe were little changed on Tuesday morning, with physical flows on the Yamal-Europe pipeline at the German border point of Mallnow at zero for a third day.

Exxon Mobil Suspends Russian Far East LNG Project

Exxon Mobil has suspended its LNG project in Russia's Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions.

Gas Flows Via Yamal-Europe Pipeline Resume Eastwards; Other Flows Steady

Russian gas via the Yamal-Europe pipeline has resumed eastward flows from Germany to Poland, while flows via other major Russian supply routes were steady despite President Vladimir Putin's vow to cut off flows unless customers pay in rubles.

Greece Will Review Plans on Additional LNG Cargoes If Russian Gas Flows Stop

The Greek gas grid operator will review its plans on additional cargoes of LNG that Greece might need if Russia stops gas supplies to the country, the energy ministry said.

Russian Gas Supplies to Europe Ease as Westward Yamal Flows Stop Again

Russian gas deliveries to Europe on three key pipeline routes eased slightly as flows on the Yamal-Europe pipeline to Germany stopped after a brief resumption on Wednesday.

Gas Flows Via Yamal-Europe Pipeline Fall to Zero, Other Flows Steady

Physical gas flows through the Yamal-Europe pipeline at Germany's Mallnow point fell to zero on Tuesday, while Russian gas deliveries to Europe on the other two key pipeline routes were broadly steady.

Israel-Turkey Gas Pipeline an Option for Russia-Wary Europe — Sources

A Turkey-Israel gas pipeline is being discussed behind the scenes as one of Europe's alternatives to Russian energy supplies, but it will take complicated maneuvering to reach any deal.

US, German Officials to Meet This Week on LNG, Hydrogen Supplies

U.S. and German government officials will meet with energy executives in Berlin to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.

US Oil Exports Surge, Drawing Crude Away from Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the Gulf Coast.

Russian Gas Flows to Europe Remain Stable

Russian gas deliveries to Europe on three main pipeline routes were stable on Monday, with the Yamal-Europe pipeline continuing to flow eastwards from Germany into Poland.

Sanctions on Russian Oil, Gas Will Hammer Global Market, Novak Says

Germany halted the Nord Stream 2 gas pipeline project, which was designed to double the flow of Russian gas heading direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

Shell Signs Deal to Receive LNG at Future German Brunsbuettel Terminal

Shell has committed to booking a substantial part of a yet-to-be built landing terminal for LNG at the North Sea port of Brunsbuettel, as companies strive to lower their dependency on Russian pipeline gas.

Russia Warns of Sharp Caspian Pipeline Oil Export Drop After Storm

A storm in Russia's section of the Black Sea has damaged loading equipment of CPC, one of the world's biggest oil pipelines which ships crude from Kazakhstan to global markets.

Gazprom Books 22.1 MMcm/d in Gas Export Capacity at Slovakia-Ukraine Border for April

Russian state gas pipeline monopoly Gazprom booked around 22.1 million cubic meters per day (MMcm/d) of gas transit capacity for exports to Europe.

Russian Gas Flows to Europe Broadly Steady

Russian gas deliveries to Europe on three key pipeline routes were steady overall on Monday, rising via the Nord Stream 1 and easing via Ukraine, while reverse flows on the Yamal-Europe pipeline rose.

Eni Pledges More Gas for Europe to Help Cut Reliance on Russia

Italian energy group Eni said on Friday it could provide extra gas to Europe to help reduce reliance on Russian supplies after Moscow's invasion of Ukraine.

Russian Gas Flows Via Nord Stream 1 Dip in Line with Requests

Russian gas deliveries to Europe via the Nord Stream 1 pipeline declined from normal levels, but were in line with requests for gas, while the Yamal-Europe pipeline remained in reverse mode for a third consecutive day.

Norway's Equinor Confirms Trading Halt in Russian Oil

Equinor said that it had contractual commitments which it struck prior to Russia's invasion of Ukraine, under which it was to receive four oil cargoes in March.

Russian Gas Will Continue to Flow Through Ukraine to Europe, Ukrainian Official Says

Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the head of Ukraine's state energy firm Naftogaz said.

Denmark Resumes Construction of Norway-Poland Gas Link

Construction of the Danish part of Baltic Pipe, which will connect Poland to Norwegian gas fields, is resuming following a nine-month hiatus

CERAWeek: No Short-Term Solution for European Gas Crisis, Says Tellurian CEO

Europeans are very lucky that it was a warm winter, panelists said at a CERAWeek session on Wednesday, referring to an ongoing natural gas crisis that start long before Russia invaded Ukraine.

Russian Piped Gas Deliveries to Europe Remain Stable

The Yamal-Europe pipeline usually accounts for about 15% of Russia's supply of gas to Europe and Turkey but from December 21 until recently had been operating in reverse, which helped drive up European gas prices.

Shell Faces $400 Million Writedown on Russian Downstream Assets

In February, the oil major quit its ventures in Russia with Gazprom and related entities including the flagship Sakhalin 2 LNG plant and the Nord Stream 2 pipeline project.

US Push to Export LNG Amid Ukraine Crisis Slowed by Climate Concerns

White House efforts to boost U.S. LNG exports and cut Europe's reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the impact on climate change.

Gas Security a Growing Worry Due to Russia's Export Dominance

Energy industry leaders said the burgeoning energy crisis is more dire for Europe's natural gas market than its crude oil imports, due to the continent's dependency on Russia.

Eni Suspends the Purchase of Oil from Russia

Italian energy group Eni has suspended the purchase of oil from Russia following its invasion of Ukraine and is watching developments closely with regards to gas procurement.