Gazprom
Der mehrheitlich staatliche russische Energiekonzern Gazprom ist zum wichtigsten Lieferanten von Pipelinegas für China aufgestiegen. Im Februar habe der Konzern 2,5 Milliarden Kubikmeter Gas über die Leitung «Kraft Sibiriens» exportiert, berichtete die russische Nachrichtenagentur Interfax unter Berufung auf den chinesischen Zoll. Der langjährige Rekordhalter Turkmenistan exportierte demnach im gleichen Zeitraum nur 2,4 Milliarden Kubikmeter. Die russische Führung hat auch wegen der zunehmenden Spannungen mit dem Westen bereits vor Jahren eine wirtschaftliche Wende des Landes gen Osten verkünd...
DPA (German)
European energy ministers have agreed to extend for a second year voluntary measures to keep natural gas demand across to at least 15% below where they stood when Russia supplied some two-fifths of the bloc’s needs, while the EU executive said the bloc is ready to stop ongoing imports through war-torn Ukraine. Belgian energy minister Tinne Van der Straeten – who chaired an EU Council summit in Brussels on Monday (4 March) that included a discussion of ensuring reserves are filled in time for the next winter – said the emergency measures had “clearly worked” with gas demand across the 27-member...
Euronews (English)
Germany is preparing for a possible complete cut-off of Russian gas after the Eurasian giant cut shipments through the Nord Stream pipeline by 60%. Robert Habeck, Vice-Chancellor and Minister for the Economy and Climate Change, has sent a clear message to residents: “We must save gas and energy. Every kilowatt hour counts in this situation.” ThreatQ1 2022 hedge fund letters, conferences and more This time, the justification was a problem with Siemens AG (ETR:SIE)’s turbines, which, according to Russia's Gazprom PAO (MCX:GAZP), needed to be repaired. But the company only has one plant capable o...
ValueWalk
Russian energy giant Gazprom PAO (MCX:GAZP) has announced it will stop doing business in Germany as economic tensions between the countries have reached boiling point. President Vladimir Putin signed a decree Thursday that forces Germany and other “unfriendly countries” to pay for gas in rubles. Hostile EnvironmentAs reported by Reuters, Gazprom did not reveal the reasons to end its participation in Gazprom Germania GmbH and all included assets, which comprises businesses in Britain, Switzerland, and the Czech Republic. Q4 2021 hedge fund letters, conferences and more European Union regulators...
ValueWalk
Sanctions imposed by the world’s leading economies on Russia amid the Ukraine invasion are triggering an exodus of some of the biggest energy companies. The latest name on the list is Shell PLC (LON:SHEL), which announced it would quit operations in the country, following the steps of BP plc (NYSE:BP). Q4 2021 hedge fund letters, conferences and more Shell’s ExitAs reported by Fox Business, the announcement means the energy giant is canceling its relationship with Russian colossus Gazprom PAO (MCX:GAZP), which owns 50% of the Sakhalin 2 LNG plant —in which Shell holds a 27.5% stake. Shell is a...
ValueWalk
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