President Vladimir Putin said that Russia intends to continue pumping natural gas to the European Union via Ukraine, but added that Moscow cannot force Kiev to comply with a transit agreement that expires at the end of this year, reports Reuters, taken by Agerpres. Practically, Putin “throws the dead cat” in the garden of Kiev, […]
Ukraine does not intend to extend in any way the Russian gas transit agreement to Europe, which expires at the end of 2024, according to the latest statements of President Volodymyr Zelensky, but if Europe asks, it can make its infrastructure available for gas from other sources “No one will renew the agreement with Russia, […]
In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU. The proportion of solar energy in the EU’s total electricity production was 210 249 GWh compared with 205 693 GWh for hard coal. Poland and Czechia are the only two remaining producers of hard coal in the EU, […]
Despite efforts to reduce Russian gas imports, the EU has made little progress since shutting down Nord Stream pipeline deliveries, but analysts say that a complete shutdown of Russian gas is a matter of political will rather than technical feasibility. The EU could survive the winter without Russian gas, but it would have to significantly […]
In July 2024, Europe imported 1.5 million tons of liquefied natural gas (LNG) from the United States and 1.3 million tons from Russia, according to Bloomberg data. As of July 2024, Russia was close to surpassing the United States as Europe’s largest LNG supplier, despite efforts by politicians in the region to block supplies of […]
The Russian government is analyzing the possibility of banning diesel exports, due to the increase in prices on the domestic market, informs an article published on Wednesday in the Kommersant financial daily, which cites several official sources, reports Reuters. Russia is the world’s largest exporter of diesel by means of ships, followed closely by the […]
Significant challenges still need to be addressed if the EU is to be fully prepared for a new gas crisis, warns a report published by the European Court of Auditors. Although the EU did adopt a number of emergency measures to counteract Russia’s weaponisation of gas, the benefits of EU action have not always been […]
The ambassadors of the 27 EU member countries approved on Thursday a new “substantial” package of sanctions against Russia in connection with the war in Ukraine, the Belgian Presidency of the Council of the European Union announced, reports AFP and Reuters, informs Agerpres. The package “provides new targeted measures and strengthens the impact of existing […]
The European Union and Ukraine have asked Azerbaijan to get involved in the talks with Russia regarding a transit agreement on gas, which is due to expire at the end of this year, Hikmat Hajiyev, the adviser to Azerbaijani President Ilham Aliyev, told Reuters, reports Agerpres. “Yes, we were approached by the EU and Ukraine […]
Dependence on energy imports in Europe has not changed significantly in recent years, with Europe remaining heavily dependent on energy imports. An incident at a gas pipeline in Norway caused significant price changes on the stock market, just as it happened before the crisis in the situation of gas interruptions in Russia. The analysis of […]
Indian refiner Reliance Industries, operator of the world’s largest refinery, has signed a one-year deal with Russia’s Rosneft to buy at least 3 million barrels of oil a month, with payment in rubles, four sources told Reuters. The move to pay in rubles for oil sales under the annual agreement underscores efforts by Moscow and […]
Since the beginning of Russia’s aggression against Ukraine, Europe and its allies have sought ways to reduce Moscow’s fossil fuel revenues without causing higher energy costs for its own citizens. The latest plan: to ban the use of European Union ports for the re-export of liquefied natural gas (LNG), Bloomberg reports in an analysis that […]
The European Union is preparing to address the issue of gas imports from Russia to Europe, amid discussions about a new package of sanctions against Russia, according to the specialized media. “We will be careful to include both a ban on liquefied natural gas imports and measures to limit the Russian ghost fleet. The adoption […]
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