BERLIN—Russia’s sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay for replacement gas, the Welt am Sonntag weekly reported, citing industry representatives. In May, Russia decided to stop supplying Gazprom Germania, which had been the German subsidiary of Gazprom,…
Germany Faces 5 Billion Euros a Year Hit From Russian Gas Sanctions: Newspaper
June 6, 2022
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Gazprom Cuts Gas Supply to Orsted and Shell Energy
June 1, 2022
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Russian gas producer Gazprom has cut off gas supplies to Denmark’s Orsted and to Shell Energy for its contract to supply gas to Germany, it said on Wednesday, citing the companies’ failure to make payments in rubles. Gazprom has already halted supplies to Dutch gas trader GasTerra, as well as to Bulgaria, Poland, and Finland…
Russia’s Gazprom Halts Gas Deliveries to Dutch Trader GasTerra, Effective Immediately
May 31, 2022
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Russia’s Gazprom has cut off gas supplies to Dutch gas trader GasTerra after it had failed to comply with requirements to pay for deliveries in Russian rubles. GasTerra said in a statement on May 30 that it has “decided not to comply with Gazprom’s one-sided payment requirements.” Russian President Vladimir Putin issues a decree in March stating that from…
Serbia Agrees to New 3-year Gas Supply Contract With Russia
May 29, 2022
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Aleksandar VucicBusiness & Economyeconomic policieseconomyEuropeGazpromMarketsRussia-Ukraine WarRussian President Vladimir PutinWorld
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BELGRADE—Serbian President Aleksandar Vucic said on Sunday he had agreed a new three-year gas supply contract in a phone call with Russian President Vladimir Putin. “I can not speak about the price now, all details will be agreed with Gazprom,” Vucic told reporters. Vucic said that he had agreed with Putin that the price of…
Gazprom Cuts Nominations for Gas Transit via Ukraine on May 13
KYIV,Ukraine—Russia’s Gazprom has reduced the booked capacity for gas transit through Ukraine via the Sudzha entry point on May 13 to 60.8 million cubic metres (mcm) from the previously announced 65.7 mcm, Ukraine pipeline operator data showed on Friday. The state-run operator said earlier that Gazprom had booked capacity of 53.45 mcm via Sudzha for…
Russia Halting Gas to Poland and Bulgaria; Pending Home Sales Fall for Fifth Month | NTD Business
Russian energy giant Gazprom is cutting off gas supplies to Poland and Bulgaria, doubling down on Russia’s pay-in-rubles policy. Pending home sales fall again in the United States for the fifth month in a row. Why are they dropping? New York is one step closer to banning new bitcoin mines that don’t use renewable energy….
Russia’s Gazprom Cuts Gas Exports to Poland, Bulgaria After They ‘Failed to Pay in Roubles’
Poland and Bulgaria have had their gas supplies cut off by Russia’s energy giant Gazprom after the two E.U. countries did not pay in roubles, the state-owned company announced on Wednesday. “As of the end of the working day on 26 April, Gazprom Export had not received rouble payments for gas deliveries in April from the companies ‘Bulgargaz’…
German Government to Take Control of Gazprom’s German Subsidiary
The German government will take control of Gazprom Germania—the energy trading, storage, and transmission German subsidiary of Russia’s Gazprom—after being abandoned by its parent company on April 1. Gazprom left Germany without warning on April 1, after the German business daily Handelsblatt reported on March 31 that Berlin was considering expropriating all Gazprom and Rosneft assets…
Russia’s Gazprom Says Gas Shipments via Ukraine to Europe Continue: Interfax
Russian state-owned energy giant Gazprom said on Sunday that it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers, the news agency Interfax reported. The agency reported that requests stood at 109.6 million cubic meters (mcm) for March 27, slightly up from 109.5 mcm a day earlier.
Gazprom Says Gas Exports Outside Ex-Soviet Union Down 28.5 Percent Year on Year so Far in 2022
Russian energy giant Gazprom said on Tuesday that natural gas exports outside former Soviet Union countries fell by 28.5 percent year on year to 30.7 billion cubic meters (bcm) in the period from Jan. 1 to March 15. It also said that its gas output for that period stood at 111.5 bcm, broadly unchanged from…
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