BSOG and GSP launch MGD project, US ambassador criticizes harshly Russia’s position in the region
Bogdan Tudorache The American company BSOG and Grup Servicii Petroliere launched the MGD project, the first Romanian offshore natural gas…
Ukrainian operator GTSO wants to sign new interconnection agreements with Transgaz
The operator of the Ukrainian gas transmission system, GTSO, intends, for the second half of this year, to sign interconnection…
Vadim Ceban, Moldovagaz: There are requests from some Romanian suppliers, but Gazprom gas is cheaper
Moldovagaz is already receiving requests for cooperation from Romanian natural gas suppliers, but it is currently more convenient for gas…
Moldova pushes Gazprom to lower the gas price
Moldova expects Russian energy giant Gazprom to drop the price for gas to 100 US dollars per thousand cubic metres.…
Gazprom expects gas exports to Europe in 2020 at 170 bln cubic meters
Gazprom expects “with cautious optimism” gas exports to Europe in 2020 to reach 170 bln cubic meters, department head at…
Platts: Ungheni-Chisinau gas pipeline will not be an alternative to Russian gas
According to an analysis by S&P Global Platts, the new Ungheni-Chisinau gas pipeline will strengthen the negotiating position of the…
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…