Russia took the second place in the ranking of countries on the cheapness of gas for the population. Kazakhstan occupied the first place and Belarus took the third, according to the RIA Novosti study. To assess the cost of gas for the population, the RIA Rating experts analyzed its prices in rubles. In addition, the
Bulgaria Admits Haste of Decision to Refuse Russian Gas Payments in Rubles
Bulgaria’s decision to refuse to pay for Russian gas in rubles was hasty, as stated on Sunday, May 22, by the country’s Energy Minister Alexander Nikolov. In an interview for BTV, he said that this issue will be put up for discussion with the European Commission (EC). According to Nikolov, the EC made it clear
French Newspaper: EU Failed to Find Replacements for Russian Gas
Some EU countries are pushing forward the idea of refusing Russian hydrocarbon supplies due to Russia’s special military operation in Ukraine. Now the EU countries are facing troubles finding replacements for Russian hydrocarbons, especially gas, French newspaper Le Monde diplomatique states. The article explains that in their effort to stop purchases of Russian hydrocarbons, the
Russia to Stop Gas Supplies to Finland Tomorrow Morning
Gas supplies from Russia to Finland will stop at 7 am this Saturday, as reported by the ‘Gasum’ Finnish company. “In the afternoon on Friday, May 20, Gazprom Export informed Gasum that natural gas supplies to Finland under the agreement will be terminated on Saturday, May 21, 2022, at 07.00,” the message reads. Gasum Oy
Almost Half Russian Gas Importers Opened State Bank Accounts for Ruble Payments
About half of the importers of Russian gas have already opened accounts with Gazprombank (GPB) to pay under the new scheme, as said by the Russian Deputy Prime Minister, Alexander Novak, at the “New Horizons” forum of the “Knowledge” Russian society. “This is a forced measure, it was aimed at ensuring the safety of our
Gazprom Subsidiaries in Germany Stopped Receiving Russian Gas
German Economy Minister, Robert Habeck, reported that the German subsidiaries of Gazprom have stopped receiving gas from Russia since May 11, 2022. “Yesterday [on May 11] in the evening, at about 10.30 pm, Putin published a decree according to which European enterprises are subject to sanctions. In Germany, Gazprom and its subsidiaries no longer receive
Austria Can’t Stop Payments for Russian Gas
Austria cannot simply stop paying for Russian gas, this requires an appropriate legal basis, and now there is none, according to the Head of the OMV Austrian oil company that is the largest one in Central Europe, Alfred Stern. He added that industrial enterprises and energy producers consume more than 70 per cent of the
Gazprom Found Way to Use Nord Stream 2 Capacities in Favor of Russia
The Russian energy company Gazprom has decided to use the capacity of the onshore part of the Nord Stream 2 for gas supply to the North-West of Russia, as reported in the official Telegram channel of the company. As RIA Novosti reminds, the Nord Stream 2 stretches from the coast of Russia through the Baltic
Hungary Opposed Ban on Russian Energy Carriers Import to Europe
Hungary opposes the introduction of a ban on the supply of Russian oil and gas to the EU. As the Origo.hu Hungarian information portal reported on Monday, May 2, this was stated by the Head of the Office of the Prime Minister of the country, Gergely Gulyas. “We should not impose sanctions, from which we
Europe Tries to Survive Without Russian Gas, But Fails
Several dozen Polish districts were left without gas after Poland imposed sanctions on firms associated with Russia. As the Deputy Minister of Internal Affairs of the Republic, Pavel Shefernaker, stated today, on April 28, the authorities are trying to do everything possible to restore gas supply to these areas. We are talking about Novatek Green
Hungary Agreed to Pay for Russian Gas and Oil in Rubles
Hungarian Foreign Minister, Peter Szijjarto, confirmed to CNN that his country will use the payment scheme introduced by Russia for Russian oil and gas. “85 per cent of our gas and 65 per cent of our oil come from Russia. Why? Because it is determined by the infrastructure. This is not for entertainment, we did
France and Germany Warn Europe About Consequences of Russian Gas Embargo
European countries have been calling for an embargo on Russian gas and oil as they continue to condemn Moscow’s ongoing military operation in Ukraine. French President, Emmanuel Macron, has warned that Europe might face consequences next winter if it agrees to go this way. “We will not see the consequences of this in the spring
Russian Oligarchs Connected to Gas Giants Found Dead in Own Homes
Spanish officials are investigating the mysterious deaths of a Russian gas executive and his wife and daughter. The case evokes questions also because it’s not the first tragedy happened with the Russian official in gas sphere. Investigators are said to be working on the assumption that the former top manager of the Russia’s gas giant