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Poland to become independent from Russian gas by end-2022

Poland will become independent from Russian gas by the end of 2022, a government official said on February 5.

read more... 07/02/2019


Construction for Nord Stream 2 pipeline: 30% completed

The Nord Stream 2 natural gas pipeline, which will carry 55 billion cubic meters of Russian gas to Germany through the Baltic Sea, is around 30 percent completed, according to Nord Stream 2 AG's Financial Director Paul Corcoran on Tuesday.

read more... 30/01/2019


Russia aims to attract $28 billion investment in power plant upgrades

Russia’s government approved a 10-year modernization program for Russian power plants, expected to attract $28.8 billion (1.9 trillion Russian rubles) in private investments in the sector, Energy Minister Alexander Novak said.

read more... 28/01/2019


Serbia aims to complete building Turkish Stream gas pipeline section by December 15

Serbia aims to complete the construction of its section of TurkStream pipeline for transit of Russian natural gas to Europe by December 15, 2019, the head of state-owned monopoly Srbijagas, Dusan Bajatovic, said on Monday, Serbian Seenews reported.

read more... 22/01/2019


Russia plans to accelerate pace of oil cuts: Novak

Russian energy minister Alexander Novak said Moscow is seeking to accelerate the pace of its oil production cuts under the Opec+ agreement, but reiterated it faces operational challenges, Kallanish Energy reports.

read more... 21/01/2019