Andrey Kobolev becomes consultant to Moldova’s Ministry of Energy for audit of debt to Gazprom

Andrey Kobolev becomes consultant to Moldova’s Ministry of Energy for audit of debt to Gazprom

Andrey Kobolev (photo – Naftogaz press service) Former Chairman of the Board NJSC “Naftogaz of Ukraine” Andrey Kobolev became a consultant to the Ministry of Energy of Moldova regarding the audit of the republic’s debts to the Russian Gazprom. On October 6, at a meeting of the Supreme Anti-Corruption Court, which considered the continuation of … Read more

Workers at Kovyktinskoye Field Strike: Gazprom’s Financial Problems and Gas Supply Interruptions

Workers at Kovyktinskoye Field Strike: Gazprom’s Financial Problems and Gas Supply Interruptions

Workers at the Kovyktinskoye field, which holds the record for reserves in Eastern Siberia and supplies gas to the Power of Siberia pipeline laid to China, went on strike due to non-receipt of the promised money and working conditions, Novosibirsk Online reports. According to one of the workers, shift workers stopped going to work on … Read more

Russia-Turkey Gas Trade: Decreasing Supplies and Shifting Alliances | Expert Analysis and Outlook

Russia-Turkey Gas Trade: Decreasing Supplies and Shifting Alliances | Expert Analysis and Outlook

It should be argued here that the Russian dictator, for unknown reasons, did not mention the fact that in 2022, Russia supplied Turkey with 21.5 billion cubic meters of gas, Kommersant reports. Until now, the anti-record was achieved in 2019, when Turkey received 15.2 billion cubic meters of gas throughout the year. It cannot be … Read more

Russian Army Witnesses Surge in Soldier Recruitment as Military Assistance to Ukraine Expands

Russian Army Witnesses Surge in Soldier Recruitment as Military Assistance to Ukraine Expands

Dmitry Medvedev, deputy chairman of the Russian Security Council, said after the Russian army opened up to recruit new soldiers throughout the year. About 280,000 people have already signed up for professional military service with the Russian army. It is part of a new round of military assistance to Ukraine, making the United States the … Read more

Gazprom’s Declining Profits and Compensatory Growth in China: Impact of European Gas Exports

Gazprom’s Declining Profits and Compensatory Growth in China: Impact of European Gas Exports

Gazprom Reports Decrease in Net Profit for First Half of ​the Year Gazprom, the ‌Russian state-owned gas company, has ​announced a decline in its net profit for the first⁣ half of the year. The company reported a net profit of 296 billion ⁢rubles ($4 billion), down from ​2.5 trillion rubles ($34 billion) in the same … Read more

Turkmenistan’s Decision to Not Connect Russia to the Gas Pipeline

Turkmenistan’s Decision to Not Connect Russia to the Gas Pipeline

Turkmenistan, the largest supplier of pipeline gas to China, does not plan to connect Russia to the gas pipelinewhich supplies gas to Beijing. This was revealed by UNIAN. According to the Turkmen Foreign Ministry, the Kremlin’s statements on the expansion of the “gas union”, in which Russia has invited Kazakhstan and Uzbekistan, raise questions and … Read more

Net4Gas Owners Seek Sale Amid Financial Challenges and Decreasing Demand

Net4Gas Owners Seek Sale Amid Financial Challenges and Decreasing Demand

Net4Gas, ⁣a​ company that operates ⁣a gas pipeline ‍in the Czech Republic spanning nearly four thousand kilometers,⁢ is⁢ facing financial difficulties. The owners of the company, Allianz⁢ Infrastructure and Borealis Novus Parent, have‍ been looking⁣ to sell the company for several months. ⁤However, due to ⁤high levels of debt and a decline in demand,⁤ they … Read more

“Eni Aims to Replace Russian Gas by 2025 After Gazprom Export Cuts Supplies to Italy”

“Eni Aims to Replace Russian Gas by 2025 After Gazprom Export Cuts Supplies to Italy”

“The reductions applied by Gazprom Export are subject to confidential arbitration,” the statement said. The Italian energy giant added that previously signed contracts with Gazprom Export remain in force. “Flows of Russian gas to Italy have fallen to almost zero. The Russian company began to cut supplies in June last year,” said Eni CEO Claudio … Read more

Putin is losing the gas war. The price dropped below 50 euros

Putin is losing the gas war.  The price dropped below 50 euros

The price of natural gas on the European market broke the 50 euro mark. Against the highs of August last year, this is a drop of 80 percent, Bloomberg reported. This is very welcome news for Europe, because due to expensive energy, according to analysts’ estimates, states have already paid a trillion dollars more than … Read more

Europe’s poorest country awaits cold winter, ‘responsible Russia’

Europe’s poorest country awaits cold winter, ‘responsible Russia’

ANP extension ANNOUNCEMENTS•today, 21:00 David Jan Godfroid Balkan correspondent David Jan Godfroid Balkan correspondent Moldova faces a long winter, perhaps cold and dark. Russia has halved its gas supply, electricity is barely accessible and, moreover, its energy supply is vulnerable due to war in neighboring Ukraine. The EU has pledged a few hundred million euros … Read more