Russia’s Gazprom has notified Finland that gas supplies will be cut off on Saturday morning (tomorrow), Finnish state company Gasum said today. Gasum refused to pay Gazprom Export in rubles, as Russia demanded from European countries. “It is very sad that gas supplies under our supply contract are now being terminated,” Gasum CEO Mika Vilgianen […]
Tag: gas supplies
European UGS facilities are rapidly filling up
Gas reserves in UGS facilities in Europe exceeded 40%; in the first half of May, the injection rate was 43% higher than the five-year average. An increase in natural gas reserves in European underground storage facilities is reported by Interfax, referring to data from Gas Infrastructure Europe today, 20 May. Over the past day, the […]
Austria intends to pay Russia for gas in rubles
Austrian energy group OMV, one of the largest importers of Russian gas, is preparing to open ruble accounts with Gazprombank in Switzerland, the Financial Times reported today, citing sources. Russian energy giant Gazprom announced on Wednesday 27.04 Poland and Bulgaria, which will stop gas supplies to them after they failed to respond to Moscow’s request […]
Greek PM holds energy meeting today
Greek Prime Minister Kyriakos Mitsotakis, following Russia’s decision to cut off gas supplies to Bulgaria and Poland, is convening an energy meeting today. In a telephone conversation with the Prime Minister of Bulgaria, writes GreekReporter, Mitsotakis promised to help him cope with the new situation, the press office said: This morning, Mitsotakis had a telephone […]
"Gazprom" made Bulgaria and Poland freeze
Gazprom has completely cut off gas supplies to Poland and Bulgaria. The reason is the refusal of these countries to pay for blue fuel in rubles. The Russian company said in a statement: “As of the end of the business day on April 26, Gazprom Export has not received payments for gas supplies in April […]
Mitsotakis: If the EU does not help us, we will use the recovery fund to help the population
If the EU does not take any measures to resolve the energy crisis, Greece will spend funds from the economic recovery fund to support the population and businesses, Greek Prime Minister Kyriakos Mitsotakis said on April 9 at the 7th Delphi International Economic Forum. Mitsotakis suggested EU take measures at the forthcoming extraordinary summit to […]
Sanctions and gas supplies – Russia may respond harshly
Deputy of the State Duma of Russia Mikhail Sheremet proposed to stop supplying the EU countries with gas, at least temporarily. A deputy from the Crimean region yesterday proposed to “respond with tough sanctions” EU and temporarily stop gas supplies to European countries. Sheremet believes, reports the publication “News”that such actions will be a worthy […]
Natural Gas: Greek Ministry of Energy Crisis Management Group Meeting
Minister of Ecology and Energy Kostas Skrekas convened an extraordinary meeting of the anti-crisis grouptoday, Wednesday, because tomorrow, March 31, expires Russian ultimatum for payment of supply contracts gas in rubles. The purpose of the meeting is to assess alternative scenarios for the adequacy of the country’s gas supply in the event of a shutdown […]
Gazprom is ready to reduce gas prices for European countries
The high cost of natural gas not only shocks the consumer, it is not profitable for the supplier either. Against the backdrop of rising prices, Gazprom fears a significant drop in demand, so it intends to offer Europe an adequate cost of supplies, writes Bloomberg, citing sources. One of them told the agency that the […]