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EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
Uniper alleges that its long-term Russian partner Gazprom has brought it to the brink of insolvency by withholding gas, prompting 19 billion euros ($18.97 billion) of support pledges from the ...
On 20 December 2022, an explosion occurred on the Russian Urengoy–Pomary–Uzhhorod gas pipeline, which supplies gas from Siberia to Europe through Ukraine. [1] [2] The explosion occurred in Chuvashia, in the area of the gas pipeline between the villages of Kalinino and Yambakhtino, Vurnarsky District.
Gasprom expects exports of gas in 2023 to be half of 2022. [5] Russian gas production in 2023 is expected to fall from 673bcm to 630Bcm with Gazprom production falling from 412.6Bcm to 390Bcm. [39] 2023 Exports to Europe total just 8.14Bcm in first 4 months of 2023, [40] with gas continuing to move through a Ukraine pipeline at 40-42mcm per day.
MOSCOW (Reuters) -Russian gas supplies to Europe via Ukraine are set to end on New Year's Day, bringing down the curtain on Moscow's long period of dominance of supply in the European gas market.
Most European countries no longer depend on Russian gas having diversified their supply — to the United States, Qatar and others — following Putin’s Feb. 2022 full-scale invasion of Ukraine.
Nord Stream gas flows [21] * Russia cut the flow of natural gas by more than half in June 2022 because they alleged they could not get a part for repair that was seized by the Canadian government because of sanctions. Siemens, the producer of the part, denied that this piece was critical for operations. [22]
The country has managed to shed most of its reliance on Russian gas. Germany cut its gas imports by 32.6% in 2023, the country’s energy regulator said, mostly as a result of cutting out Russian ...