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Fire at Russia Gas Terminal Caused by 'External Factor' – Novatek

The operator said there were no victims and the fire was "currently localized," at the site 110 kilometers (70 miles) west of St Petersburg near the Estonian...

belt-tightening

Russia's Gazprom Plans Investment Cut as Exports Drop

Gazprom's investment program for next year, spent on energy projects and infrastructure, will drop about 20% year-on-year to 1.57 trillion rubles ($17...

deepening dependence

Putin Arrives in Beijing Seeking Diplomatic, Economic Support from ‘Dear Friend’ Xi

The Kremlin hopes to secure commodity contracts, agreements to share cutting-edge technologies and a declaration of Beijing’s backing of Moscow.

Putin Launches Russian Gas Shipments to Uzbekistan

Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia's industry hit by a flurry of Western...

'kind of pause'

Turkey Casts Doubt on Need for New Russian Gas Hub

Putin first raised the idea of creating "a gas hub in Turkey for supplies to other countries" during talks with Erdogan in Kazakhstan last October.

power of siberia 2

Russia to Finalize Route for Gas Pipeline to China

Moscow plans to start building the pipeline next year, but the schedule for its completion remains unclear.

Russia To Suspend LPG Exports From Southern Port Over Drone Attacks

"Taman is suspending LPG transshipment as it is dangerous after all those attacks — the gases are most explosive," a source told Reuters.

Russian Energy Giant Gazprom Posts Big Drop in Profit

The company reported a profit of 1.2 trillion rubles ($15 billion) for 2022, down 41% from the previous year.

Russian Gas Production Down 10% in 2023

Rerouted supplies to China have so far proved unable to compete with pre-war exports to the European Union.

Russia Forecasts $1.5Bln Shortage in Excess Oil and Gas Revenue

The Finance Ministry said it will sell 74.6 billion rubles ($940 million) worth of foreign currency to cover the expected shortage.

Gazprom Invited to Recover Object Found Near Nord Stream Pipeline

Experts believe the object could be a signal antenna used to activate explosives in one part of the pipeline.

Second Russian Pipeline Delay Sign That China Holds 'Upper Hand' — Analysts

Analysts say that China has emerged as a winner from the war in Ukraine as Russia desperately seeks to shift its gas exports from traditional markets in...

Pivot to Beijing

Russia Reports Record Gas Supplies to China via Siberian Pipeline

Russian energy giant Gazprom announced a record level of daily gas volume supplied to China through the Power of Siberia pipeline on Tuesday.

Putin Warns of Efforts to 'Hinder' Gazprom's Work

President Vladimir Putin lashed out Friday against "direct attempts" to hinder the work of Russian gas giant Gazprom, at the center of deteriorating ties...

Russian Gas Exports Sink by 25% Despite Rise in Oil Sales

The European Union, once the largest buyer of Russian gas, drastically reduced its imports last year.

declining volumes

Russian Gas Exports Outside Ex-Soviet States Fell 45.5% in 2022

Russian gas exports to countries outside a group of former Soviet republics plunged by 45.5% in 2022, figures from gas giant Gazprom showed Monday. Gazprom...

Putin Inaugurates Siberian Gas Field as Russia Eyes Chinese Market

Russian President Vladimir Putin on Wednesday inaugurated the Kovykta natural gas field in eastern Siberia, which will allow Russia to increase its gas...

'state of shock'

Gas Pipeline Fire in Russia's Republic of Chuvashia Kills 3: Governor

Three people died on Tuesday when a key gas pipeline in the Republic of Chuvashia in western Russia caught fire, the regional governor told Russian television...

'welcomed decision'

TotalEnergies Exits Russian Gas Firm's Board, Takes $3.7Bln Hit

French energy group TotalEnergies said Friday it was withdrawing from the board of Russian gas giant Novatek and taking a $3.7 billion hit in the wake...

Erdogan Announces Deal With Moscow to Create Gas Hub in Turkey

Turkish President Recep Tayyip Erdogan announced on Wednesday that he had agreed with his Russian counterpart Vladimir Putin to create a "gas hub" in Turkey...

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