Latest news

Russia's Power of Siberia pipeline closed for maintenance

Russian gas producer Gazprom said on Monday the Power of Siberia gas pipeline had been closed for routine maintenance until April 1.

read more... 16/03/2020


Russia's Power of Siberia gas pipeline to stop for maintenance in March

The Power of Siberia gas pipeline will stop for a routine maintenance checkup in the second half of March, Interfax news agency reported on Tuesday, citing Russian gas giant Gazprom.

read more... 11/03/2020


Bulgaria agrees 40% price cut of Russian gas imports

Bulgaria has agreed 40% cut in the price of natural gas it imports under its long-term import contract with Russia, its dominant gas supplier, Prime Minister Boyko Borissov said on Tuesday.

read more... 03/03/2020


TurkStream delivers over 500 mcm of gas to Europe via Turkey

Russia transferred over 500 million cubic meters (mcm) of natural gas to Europe from Turkey via the TurkStream natural gas pipeline during its first month of operations in January 2020, industry sources said Wednesday.

read more... 20/02/2020


European gas prices set to slump

Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.

read more... 19/02/2020