According to Alexei Miller, chairman of Russian state-owned energy giant Gazprom, the construction work on the Turkish Stream project will start in 2018, in accordance with the latest intergovernmental agreement which has been signed on Monday.
read more... 12/10/2016
Lithuania initiated a fresh try on Thursday to obtain 1.4 billion euros ($1.57 billion) in damages from Russia's Gazprom in a gas pricing row, requesting a court based in Sweden to upturn an earlier regulation that went against it.
read more... 26/09/2016
Gazprom declared on Thursday it had found a new gas deposit during exploration at the Kirinskoye field in the Sea of Okhotsk close to Russia's Sakhalin island.
read more... 23/09/2016
Russia’s energy gyant Gazprom and Italy’s Edison have held talks over the organization of the southern route of Russian natural gas deliveries to Europe via the ITGI Poseidon gas pipeline route (Turkey-Greece-Italy interconnector pipeline project) related to the resumption of the Turkish Stream project.
read more... 01/09/2016
Russian giant Gazprom boosted gas volume to Europe by 49 percent to 58.1bn m³, an increase of 19bn m³ on 39.1bn m³ in January-March 2015. Revenues from those sales rose only 22%, as the average price declined.
read more... 11/08/2016