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Gazprom

Especially Cold Winter Predicted as Fuel Crunch Intensifies

Energy traders -- and all the consumers who are looking at their wallets as the energy crunch intensifies in Europe -- are apprehensive about the oncoming winter months; unfortunately, an especially cold winter is predicted this year by meteorologists. Disturbances...

As Prices Rise, Russia’s Gazprom Cuts Gas Supplies to EU by 70%

The Russian firm Gazprom, which is majority owned by the Russian state, is continuing to reduce gas supplies to Europe via Belarus, potentially aggravating tense market conditions. The price of gas has all but doubled in the last few...

Interconnector Gas Pipeline Between Greece, Bulgaria Delayed

The Interconnector, or IGB, the proposed gas pipeline between Bulgaria and Greece, has been delayed until June of 2022.

Greece Could Benefit From Putin-Erdogan Gas Pipeline Deal

Russia and Turkey have concluded a deal to resume construction of the Turkish Stream natural gas pipeline, according to TASS news agency. Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan signed the deal in Istanbul on Monday. In...

Athens Proposes Russia's Gazprom to Invest Up to €800Mln in Greece's Coal Industry

According to sputniknews.com, Athens has put a proposal on the table for Russia's Gazprom to consider making a considerable investment of 800 million euros in Greece's coal industry. On Tuesday, reports from the Russian newspaper, Kommersant say that the Vevi...

Russia’s Gazprom Expresses Interest in Additional Energy Projects in Greece

While speaking at the Russian-Greek business forum in Thessaloniki Saturday, Russian's Energy Minister Alexander Novak stated that Russia's Gazprom is negotiating projects that may begin in Greece via affiliated companies, including coal mining. Gazprom's presence is already felt in Greece...

Greece Freezes Poseidon Pipeline Talks After Turkey-Russia Spat

Athens is not planning to advance talks with Russia on the Poseidon pipeline, during the upcoming visit of Russian President Vladimir Putin to Greece, a EurActiv report says. On May 17, Greece launched construction on a 550-kilometer section of the...

Gazprom, Edison, DEPA Sign Memorandum for ITGI Project‏

Gazprom, Edison and DEPA on Wednesday signed a memorandum of understanding in Rome for the development of a natural gas pipeline project linking Greece and Italy, which will bring closer to completion a south corridor for the supply of...

Turkish Stream Gas Pipeline Does not Become 'Victim' of Russia-Turkey Tension

Russia currently has no plan to freeze the overall construction of the Turkish Stream gas pipeline as tension between Russia and Turkey continues over the shooting of a Russian jet fighter by the Turkish Air Force. Although, according to Newsweek, the...

Gazprom Cancels Pipeline in Turkey

Russian gas company Gazprom decided to cancel the agreement signed with Italian company Saipem for the construction of the first part of a gas pipeline in Turkey, according to statements made by Russian Energy Minister Alexander Novak. The South Stream Natural Gas...