Latest news
Russia: Gazprom anticipates lowest gas output ever in 2014
Russia's major natural gas producer Gazprom declared on Wednesday it anticipated to produce 444.4 billion cubic metres (bcm) of natural gas this year, an unprecedented low, a drop from 487.4 bcm last year.
read more... 26/12/2014
Ukraine: Naftogaz has paid $1.65 billion tranche to Gazprom
Ukrainian state energy company Naftogaz declared on Tuesday it had paid $1.65 billion to Russia's Gazprom - the second tranche of a debt reimbursement settled under an agreement that saw Moscow restart gas supplies to Ukraine at the beginning of this month.
read more... 24/12/2014
Russia expects Ukraine power supply agreement by end-2014
Russian Energy Minister Alexander Novak declared on Tuesday he expected to settle an agreement on electricity supply from Russia to Ukraine by the end of 2014.
read more... 24/12/2014
Russia: Yamal LNG will obtain state support of 150 billion roubles in first quarter
A project to produce liquefied natural gas, Yamal LNG, may obtain state support of 150 billion roubles ($2.5 billion) from Russia's National Wealth Fund in the first quarter, as stated by Interfax news agency citing an economy ministry representative on Thursday.
read more... 19/12/2014
Baltic electricity grids to harmonize with European system by 2025
The Baltic states of Lithuania, Latvia and Estonia have decided a roadmap to connect their electricity systems with those of other European Union members by 2025 since they aim to cut their reliance on Russia.
read more... 15/12/2014