Russia & CIS

BP Says Trans Adriatic Pipeline to be Ready by End of 2020

BP said it expects to begin shipping natural gas on the Trans Adriatic Pipeline by the end of 2020.

New Gas Pipeline Could Heat up Azeri-Russian Rivalry

Strained Azeri-Russian ties are facing further pressure from the launch of a major gas pipeline this year that could squeeze Moscow's gas sales to Europe.

Top Shipping Insurance Group Will Not Cover Ships Linked to Nord Stream 2

The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.

Germany Offered to Build LNG Terminals to Avert U.S. Pipeline Sanctions - Die Zeit

A new report from a German newspaper says that the country told the U.S. it would spend $1.2 billion to build two LNG terminals in exchange for not imposing sanctions on the Nord Stream 2 pipeline project.

German State Leader Says Nord Stream 2 Should not be Used to Punish Russia

The leader of the German state where the Nord Stream 2 pipeline is to come onshore has said the pipeline should not be used as punishment against the Kremlin for the poisoning of a ciritc of Russian President Vladimir Putin.

Part 2: Background of the Ukraine’s Mega-Challenges

Since 2014, Ukraine has undertaken considerable reforms to reinforce macroeconomic stability and bolster the foundations of growth. After a significant contraction in 2014-2015, economic growth has picked up (2.4% in 2016-2017, 3.5% in 2018-2019). However, higher sustained economic growth is needed to deliver a durable improvement in living standards.

German Chancellor Dampens Talk of Halting Nord Stream 2 — Party Sources

German Chancellor Angela Merkel downplayed the possibility of halting Russia's Nord Stream 2 pipeline in response to the poisoning of a top Kremlin critic Alexei Navalny.

Merkel Doesn't Rule Out Sanctions on Nord Stream 2

Chancellor Angela Merkel does not rule out imposing sanctions on a pipeline set to bring Russian gas to Germany in response to the suspected poisoning of a Kremlin critic with a Soviet-style nerve agent, her chief spokesman said on Monday.

Hungary Signs Gas Deal with Shell, its First in the West

Hungary has signed a six-year deal to purchase 250 million cubic meters of LNG from Shell, its first gas deal with a western company.

Germany Pressed to Rethink Nord Stream 2 Pipeline After Navalny Poisoning

The German government is feeling pressure to dampen its support for the Kremlin's Russia-Germany Nord Stream 2 gas pipeline after a major political opponent to Russian President Vladimir Putin was confirmed to have been poisoned with a Soviet-era nerve agent.

Russia's Lukoil Suspends Uzbek Gas Exports to China Due to Weak Demand

An official from Russia's Lukoil said in a conference call on Friday the company has suspended gas deliveries to China from its projects in Uzbekistan due to weak demand amid the coronavirus pandemic.

Greece, Bulgaria Hail Deal Targeting Russia Gas Dominance

Greece and Bulgaria sought to reduce their reliance on Russian gas with the signing Monday of an agreement that will allow Bulgaria to participate in a planned LNG terminal in northeastern Greece.

Ukraine Says no Plans to Resume Gas Purchases from Russia

Ukraine has said it would not resume buying natural gas supplies from Russia until Moscow offers competitive terms and pricing.

U.S. Keen to Ensure Russian Pipeline Does not Threaten Europe — Pompeo

The U.S. Secretary of State Mike Pompeo told lawmakers on Thursday that the U.S. will do everything it can to ensure Russia's Nord Stream 2 natural gas pipeline does not pose a security threat to Europe.

U.S. Extends Sanctions on Companies for Work on Russian Pipelines

U.S. Secretary of State Mike Pompeo announced on Wednesday that the country will be extending sanctions against companies working on two major Russian pipelines if the firms do not halt their work.

Fighting on Azerbaijan-Armenia Border Raises Pipeline Concerns

Several Azeri soldiers have been killed and Armenian soldiers and police wounded in border clashes, both countries said on Monday, in an area near several pipeline crossings.

Russia's Blue Stream Gas Pipeline to Turkey Idle Since May — Sources

Russia's Blue Stream gas pipeline, which transports gas to Turkey, remains shut after scheduled maintenance was completed at the end of May.

Bulgartransgaz Offered Over $600 Million to Complete TurkStream Expansion

Bulgaria's state-owned Bulgartransgaz said it has received offers totaling more than $600 million to help complete an expansion of the TurkStream gas pipeline.

Hungary, Gazprom Agree to Long-Term Gas Supply Deal

Hungary and Russian gas giant Gazprom have agreed to a flexible, 15-year gas supply deal that gives the central European country the ability to renegotiate or cancel the deal if alternative supply methods become available.

Nord Stream 2 Says Departing Top Manager Has Been Replaced

Nord Stream 2 has announced that a top manager who left the project on Friday has already been replaced by someone with heavy involvement in both the current project and its predecessor, Nord Stream 1, but said the name could not be revealed at this time for procedural reasons.

Russia's Gazprom Seeks to Retroactively Raise Price of Gas Sold to Poland

Russia's Gazprom is looking to retroactively raise the price of natural gas sold to Polish gas company PGNiG since 2017.

Croatia's Floating LNG Terminal to Start Operations in January Fully Booked

Croatia's energy minister said the country's floating LNG terminal will begin operations on Jan. 1 2021 and is fully booked through Q3 2023.

Nord Stream 2 Seeks Updated Permit to Complete Pipeline in Danish Waters

The Nord Stream 2 pipeline has applied for a new permit from Danish authorities in order to complete the remaining 75 miles of subsea pipeline in Danish waters.

Ukraine’s Big Bet: Upgrading, Expanding Gas Transmission Networks

The World Bank will spend $250 million to improve the efficiency of Ukraine’s Gas Transmission System Operator (GTSO). One key goal of this ambitious project is “to strengthen its technical and institutional capacity.”

U.S. Oil for Belarus Reaches Europe as Country Seeks to Reduce Reliance on Russia

The first shipment of U.S. oil bound for Belarus reached Europe late on Friday as the Eastern European country looks to reduce its reliance on neighboring Russia.

Trans Adriatic Pipeline Enters Initial Testing Phase

The Trans Adriatic Pipeline has begun testing flows of natural gas on 2.5-mile section at the Greek-Albanian border as it moves toward European deliveries later this year, but the bidding phase was postponed due to the global market downturn.

Bulgaria's State Gas Firm Seeks Loans for Pipeline Construction

Bulgaria's state gas firm Bulgartransgaz is seeking up to 400 million euros ($453 million) to finance an extension of the TurkStream gas pipeline and other gas projects.

Kazakh Firm Plans to Spin Off Gas Shipping and Trading Unit

Kazakh state oil and gas firm KazMunayGaz said it plans to spin off its natural gas shipping and trading subsidiary Kaztransgas and will seek creditors' consent for the move.

U.S. Senators Propose Tighter Sanctions on Nord Stream 2

Several U.S. senators introduced a bill on Thursday that would expand sanctions on Russia's Nord Stream 2 gas pipeline which Washington says will increase Moscow's influence in Europe.

BP Turns Over Rights to Operate South Caucasus Pipeline

BP has turned over rights to operate the South Caucasus Pipeline (SCP), part of the network that is due to start carrying gas from Azerbaijan to Europe this year, to a unit of Azeri state energy firm SOCAR.