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OPEC Deal Could Prompt Oil Price Rise to $45 Per Barrel By Year’s End – Gazprom Neft CEO

The OPEC+ deal will not prompt an immediate sharp rise in oil prices, but should the international community manage to curb the COVID-19 outbreak, it is possible that prices could rise to between $40 and $45 a barrel, Russia’s Gazprom Neft CEO Alexander Dyukov said.

read more... 14/04/2020

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Arctic gas finds new way from Yamal to China

Gazprom leader Aleksey Miller in last Friday’s meeting with President Vladimir Putin confirmed that the building of new east-bound natural gas infrastructure now is high on the company’s agenda.

read more... 02/04/2020

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Poland State Gas Distributor Says It Wins $1.5 Billion From Russia's Gazprom In Price Dispute

Poland’s largest distributor of natural gas has announced it won a years-long energy-supply price dispute with Russia’s state-run Gazprom worth $1.5 billion at an international arbitration court in Sweden.

read more... 31/03/2020

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Russia Moves In On European Gas Markets As Oil Prices Crash

Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe. Russia’s gas giant Gazprom, the single largest supplier of natural gas to Europe, has watched with apprehension the growing volumes of liquefied natural gas (LNG) from the United States that have arrived on European shores over the past two years.

read more... 24/03/2020

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Russia's Power of Siberia pipeline closed for maintenance

Russian gas producer Gazprom said on Monday the Power of Siberia gas pipeline had been closed for routine maintenance until April 1.

read more... 16/03/2020

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