Gazprom retains forecast for average gas price in EU at $133 in 2020
Gazprom still expects the average price of Russian gas in Europe this year to be around $133 per 1,000 cubic…
Russia’s Gazprom sees Q2 international gas sales slide 17%
Russia’s Gazprom saw its international gas sales in the second quarter slide by 17% year on year to 44.9 Bcm,…
Gazprom to pay 50 mln. euro fine to Poland
The Polish antitrust regulator announced that they are fining Gazprom for refusing to cooperate in a case related to the…
Russian gas giant Gazprom to start producing clean hydrogen
Russia’s gas giant Gazprom will start producing “clean”, that is, zero-emission, hydrogen beginning in 2024 under a new government plan…
Gazprom reports first quarterly post-2015 losses due to falling gas demand in Europe
Gazprom, the world’s largest natural gas producer, reported substantial losses for the first quarter of this year on Tuesday, as…
Hungary agrees new gas deal with Gazprom
Hungary has agreed to buy 6.2 billion cubic metres of natural gas from Gazprom and will begin talks on a…
PGNiG says it signed a $1.5 bln. refund deal with Gazprom
Poland’s energy company PGNiG said it will receive $1.5 billion from Gazprom as reimbursement for overpayment in gas supplies in…
Polish competition watchdog sues Gazprom
Poland’s competition regulator UOKiK said on Wednesday it has started proceedings against Gazprom and could fine the Russian company some…
Transgaz profit increased by 5% in Q1
Transgaz’s net profit increased by 5% in the first quarter (Q1) of this year, reaching 201.8 million lei, the reduction…
Bulgaria agrees deal to cut price of Russian gas imports by 40%
Bulgaria has agreed a 40% cut in the price of gas it imports under its long-term contract with Russia, its…
Bulgaria mulls re-opening Gazprom antitrust probe
According to sources in Sofia, Bulgarian state-owned gas supplier Bulgargaz is preparing to ask the Commission to resume antitrust proceedings…
Russian gas sales on Gazprom Export’s ESP hit record daily high
Russian gas sales on Gazprom Export’s Electronic Sales Platform (ESP) hit a new daily record high on Thursday, with a…
Competition: The reduction of excise duties was fully transmitted in the fuel price
Bogdan Tudorache The reduction of excise duties by 0.32 lei/ liter (including VAT), applied from January 1, 2020, for both…
Russia and Turkey officially inaugurate TurkStream
President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan met in Istanbul to inaugurate TurkStream pipeline in a ceremony…
Ukraine starts transmitting Russian gas to EU under new deal signed also by Romania
Gas TSO of Ukraine LLC, operator of the gas transmission system, has signed agreements with all neighboring operators, namely in…
Russia’s Gazprom to pay $2.9 billion in new Ukraine gas deal
The Russian energy giant has agreed to settle its longrunning dispute with Ukraine over transit fees. A new five-year Moscow-Kyiv…
Gazprom slashes investment budget for 2020
Russia’s Gazprom has approved a 16.5% cut in investments next year, marking the second annual reduction in a row, the…
Hungary says ready to talk to Gazprom about new gas supply deal
Hungary is ready to start talks with Russia’s Gazprom about a new long-term gas supply deal, Hungary’s Foreign Ministry said…
Gazprom profits slump 45% on lower gas prices
Russia’s gas giant Gazprom suffered a 45 per year-on-year drop in its net profit in the third quarter of 2019…
Naftogaz takes into account the Romanian gas
Naftogaz takes into account, in case it will not reach an agreement with Gazprom for the continuation from January 1,…
Gazprom’s year-to-date gas supplies to Hungary exceed 2018 overall volume
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and…
ANRE called in gas importers for talks
The Energy Regulatory Authority convened all gas importers on Tuesday, according to sources quoted by e-nergia.ro. The talks focused on…
Romania has broken the historical record of stored gas
The possibility that Ukraine and Gazprom will not reach an agreement to extend the transit contract, which expires at the…