Engie says Gazprom to further reduce supplies from Tuesday; Moscow using gas as a 'weapon of war', says France
"There are some immediate issues which we are trying to tackle both at the company level and also at G2G (government to government) level," said GAIL Chairman Manoj Jain
Russia's state-owned energy company Gazprom said on Friday a key pipeline conveying natural gas to Europe will shut down for three days at the end of this month to undergo routine maintenance." In a statement posted online, Gazprom said that the only operational turbine at a key compressor station along the Nord Stream 1 pipeline, which links Western Russia and Germany, will shut down for routine maintenance from August 31 to September 2. A set of routine maintenance in accordance with the current maintenance contract will be carried out jointly with Siemens specialists, the company said, in a reference to its German partner, Siemens Energy. Gazprom said that once work is completed, the flow of gas through Nord Stream 1 will resume at its prior level of 33 million cubic meters, or just 20% of the pipeline's nominal capacity. Flows of natural gas through Nord Stream 1 have been contentious. The shutdown will come a month after Gazprom restored natural gas supply through the pipeline
A former Gazprom subsidiary reneges on its supply contract forcing the state-owned gas distributor to cut back supplies to key industries
Supply disruptions may be 'short-term', says GAIL
GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom
Russia's Gazprom on Wednesday halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It's the latest reduction to Nord Stream 1 that Russia has blamed on technical problems, but Germany calls a political move to sow uncertainty and push up prices amid the war in Ukraine. The Russian state-controlled energy giant announced Monday that it would carry out the reduction citing equipment repairs, further raising fears that Russia could cut off gas completely to try to gain political leverage over Europe as it tries to bolster its storage levels for winter. Data on the Nord Stream website and the head of Germany's network regulator, Klaus Mueller, confirmed the reduction. Gas is now a part of Russian foreign policy and possibly Russian war strategy, Mueller told Deutschlandfunk radio. Prices surged to the highest levels since early March for natural gas, which is used to power industry, generate electricity and heat homes in the ...
GMTS is willing to offer a penalty to the Indian company for missed cargoes. One of the sources said the penalty is miniscule compared to spot prices of LNG.
Gazprom has been delivering less gas than ordered by customers over the past month, with the company citing problems with turbines at its main pipeline to Europe that ends in Germany
"The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results," Deputy CEO Famil Sadygov said
Gazprom shares fell 27% to 218 roubles ($4.16) by 0941 GMT after the company said its shareholders had decided against distributing dividends on the 2021 results
A bailout for Gazprom Germania GmbH could come as early as this week, with state-owned bank KfW Group expected to issue a loan in the range of 5 billion euros ($5.2 billion) to 10 billion euros
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Russian energy giant Gazprom has said it would no longer supply gas to Denmark's largest energy company Orsted and will halt deliveries to Germany under the Shell Energy Europe contract
Russia's Gazprom Export has said it would suspend gas supplies to Dutch energy company GasTerra from Tuesday due to its refusal to pay in rubles
GAIL is considering buying gas from challenging local fields to address surging local demand for natural gas, including striking long-term liquefied natural gas import deals with global companies
Gazprom Export has demanded that European countries pay for Russian gas supplies in roubles because of sanctions imposed over Moscow's invasion of Ukraine, but Finland refuses to do so
Russia to halt gas flows to Finland on Saturday following the latter's intent and application to NATO membership which has ignited political rivalry between both countries
Moscow prohibited dealings with Gazprom Germania and its various subsidiaries now under the control of Germany's energy regulator
Gas reserves in the underground storage facilities in Europe were replenished by 6.9 billion cubic meters as of April 29, Russia's Gazprom said