Russia & CIS

Russia's Sakhalin 2 May Double LNG Revenue as Top Buyers Stay Despite Ukraine Crisis

Russia's Sakhalin 2 LNG project could generate twice the revenue this year that it did before the Ukraine conflict thanks to long-term deals with Asian buyers and higher prices, according to analysts and Reuters calculations.

Pakistan Could Start Importing Russian Oil After March

Russia could start exporting oil to energy-starved Pakistan after March if terms are agreed and is discussing with Islamabad whether payment could be made in the currencies of "friendly" countries, Russia's energy minister said on Friday.

Russian Gas Exports to Europe Plunge 22% in January - Reuters

Daily pipeline gas exports by Kremlin-controlled energy giant Gazprom to Europe fell 22% in the first half of January compared with December amid milder than usual weather, Reuters calculations show.

Wintershall Dea to Leave Russia, Causing $8 Billion Loss at Parent BASF

Chemicals giant BASF on Tuesday unveiled a $7.9 billion non-cash impairment on Wintershall Dea, after the oil and gas exploration joint venture decided to exit Russia following its invasion of Ukraine.

Bulgaria Looking to Revive 186-Mile Trans-Balkan Pipeline Project

Sofia, the capital of Bulgaria, is holding talks with neighboring Greece to build the 300-km (186-mile) trans-Balkan pipeline to transport crude oil from the Greek port of Alexandroupolis on the Aegean Sea to Bulgaria's Black Sea port of Burgas in an effort to secure non-Russian oil.

Former Gazprom Unit Sefe Has Secured Regasification Capacity at Dunkirk

German gas importer Sefe has secured 3.5 Bcm of regasification capacity in Dunkirk and is closing in on new LNG import deals, its boss said, mapping out the former Gazprom division's future strategy.

Russia Suggests Sweden Has 'Something to Hide' in Nord Stream Blast Probe

Russia questioned on Thursday whether Sweden had "something to hide" over explosions that damaged the Nord Stream gas pipelines last year, as it slammed Stockholm for not sharing information in the ongoing investigations into the blasts.

Rosneft Wants to Supply Gas to Power-of-Siberia 2 Pipeline

Russia's Gazprom is aiming to start delivering gas via the 2,600-km Power-of-Siberia 2 pipeline by 2030. The pipeline could carry 50 billion cubic meters of natural gas per year.

Global Pipeline Construction Outlook 2023

(P&GJ) — Seldom has a new year arrived with the degree of supply and demand uncertainty facing global energy markets at the start of 2023. Pipeline & Gas Journal's annual survey of global construction activity reflects a renewed emphasis on energy security after Russia's invasion of Ukraine.

Kazakhstan to Raise Supply of Oil to Germany Via Druzhba Pipeline in 2023

Russian oil pipeline operator Transneft said Kazakhstan's KazTransOil had requested 1.2 million tonnes of capacity on the Druzhba pipeline for 2023 to facilitate extra oil shipments to Germany, the RIA Novosti news agency reported.

Putin Says Russia Now One of China's Leading Oil and Gas Suppliers

Russian President Vladimir Putin said on Friday that Russia had become one of China's leading suppliers of oil and gas, with 13.8 billion cubic meters of gas shipped to China via the Power of Siberia pipeline in the first 11 months of 2022.

Poland Ready for Russian Oil Ban, Seeks Pipeline Sanctions

Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate minister said on Thursday, with the country having cut its intake of Russian crude and secured alternative supplies from producers such as Saudi Arabia.

Russia Ready to Resume Gas Supplies to Europe Via Yamal-Europe Pipeline

Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.

Russian Pipeline Gas Exports to Europe Fall to Post-Soviet Low

Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due the invasion of Ukraine and the Nord Stream pipeline was damaged by mysterious blasts

Putin Oversees Launch of Siberian Gas Field Feeding Pipeline to China

The Kovykta gas field will feed into the Power of Siberia pipeline carrying Russian gas to China. With recoverable reserves of 1.8 trillion cubic meters, it is the largest in eastern Russia.

RBC: Blast Hits Russia-Ukraine Gas Export Pipeline

A blast has ripped through the Urengoi-Pomary-Uzhhorod gas exporting pipeline, which leads from Russia through Ukraine, the RBC news outlet cited local officials as stating on Tuesday.

Gazprom: Gas Supply Continues in Full, Bypassing Damaged Pipeline

A local unit of the Russian energy giant Gazprom said on Tuesday that gas was being supplied to customers in full via parallel pipelines following damage to a section of the Urengoi-Pomary-Uzhhorod pipeline.

Putin Plans to Increase Gas Sales to China

President Vladimir Putin said on Thursday that Russia would increase gas supplies to "the East", particularly China, and set prices for sales to Europe using an electronic platform.

Hungary to Start Talks with Qatar About Buying LNG

Hungary and Qatar have agreed that their state-owned energy companies will start talks about Hungary buying LNG from the Gulf Arab state, Foreign Minister Peter Szijjarto said in a Facebook video on Wednesday.

Russia’s NG Pipeline Exports to Europe Near 40-Year Lows

(P&GJ) — Russia’s natural gas exports by pipeline to the European Union and the United Kingdom declined by almost 40% during the first seven months of 2022 compared with the same period in 2021, and by almost 50% compared with the previous five-year (2017–21) average, according to data from Refinitiv Eikon.

Trafigura Enters $3 Billion Loan to Supply Germany's Sefe with Gas

Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to supply gas to German gas trader Sefe, formerly known as Gazprom Germania, and help Europe's largest economy secure volumes long-term.

Moldovagaz to Buy Gas from Energocom, Russia’s Gazprom

Moldova's natural gas company Moldovagaz will start buying gas from domestic supplier Energocom while continuing to buy it from Russia's Gazprom, the head of Moldovagaz said late on Saturday.

TAL Approves Pipeline Upgrade to Help Czechs Ditch Russian Crude

Owners of the Transalpine Pipeline (TAL) shipping crude from the Mediterranean to central Europe approved a plan on Wednesday to upgrade the link, which is key for the Czech Republic to wean itself off Russian oil, the Czech Finance Ministry said.

Gazprom Rejects Uniper's Claims for Billions in Compensation Over Undelivered Gas

The export arm of Russia's Gazprom on Wednesday denied it was in breach of contract regarding gas supplies to Germany's Uniper, after Uniper launched arbitration proceedings in a bid to claim back billions of extra costs over undelivered gas supplies.

Russia Says It Foiled Sabotage at 'South Stream' Gas Pipeline

Russia's Federal Security Service said on Thursday that it had prevented Ukrainian special services from carrying out what it said was sabotage on the "South Stream" gas pipeline.

Poland Seeking German Support to Sanction Russian Druzhba Oil Pipeline

Poland is seeking German support to slap EU sanctions on the Polish-German section of the Druzhba crude pipeline so Warsaw can abandon a deal to buy Russian oil next year without paying penalties, two sources familiar with the talks said.

Russia's Transneft Says Part of Druzhba Oil Pipeline in Ukraine Suspended

A section of the Druzhba oil pipeline in Ukraine has been partially suspended, Russia's TASS news agency reported on Wednesday, citing the state-owned pipeline operator Transneft.

Nord Stream Leaks Confirmed as Sabotage, Sweden Says

Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken place, a Swedish prosecutor said on Friday.

Putin Discussed Idea of Turkish 'Gas Hub' with Erdogan, Kremlin Says

Russian President Vladimir Putin discussed the idea of creating a Turkish "gas hub" with Turkish President Tayyip Erdogan during a phone call, the Kremlin said on Friday.

Oil Prices Settle Higher on Druzhba Oil Pipeline Disruption

Oil prices rose on Tuesday and settled higher after news that oil supply to Hungary via the Druzhba oil pipeline has been temporarily suspended due to a fall in pressure. Russia's state-owned pipeline monopoly Transneft has been notified by Ukraine of the pipeline disruption, the RIA news agency quoted Transneft as saying on Tuesday.