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On 9 August 2004, the two companies signed an addendum to the contract, according to which the amount of gas given as a payment was calculated based on a tariff of US$1.09 for the transportation of 1,000 cubic meters of natural gas over a distance of 100 kilometres (62 mi); the addendum further stated the price of the natural gas supplied to ...
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 ...
Before Russia launched its full-scale invasion of Ukraine in 2022, Russia was the European Union’s biggest supplier of natural gas. The bloc has whittled Russia’s share of its pipeline gas ...
In 2018, Germany imported 50% to 75% of its natural gas from Russia. [28] Before 2022, the main export markets of Russian natural gas were the European Union and the CIS. Russia supplied a quarter of the EU gas consumption, mainly via transit through Ukraine (Soyuz, Urengoy–Pomary–Uzhhorod pipeline) and Belarus (Yamal-Europe pipeline).
Ukraine pumps Russian natural gas through its territory to several European countries including Slovakia, but it is expected to halt the flow when the existing transit deal - signed before Moscow ...
The move would allow the U.S. and allies to impose tariffs on Russian imports, increasing the isolation of the Russian economy in retaliation for the invasion of Ukraine US, allies to revoke 'most ...
The EU has steeply increased purchases of U.S. oil and gas following the block's decision to impose sanctions and cut reliance on Russian energy after Moscow invaded Ukraine in 2022.
Natural gas pipelines from Russia to Europe. The 2005–06 Russia–Ukraine gas dispute was between Ukrainian state-controlled oil and gas company Naftogaz Ukrainy and Russian national gas supplier Gazprom. The disagreements concerned natural gas supplies, prices and debts. The conflict started in March 2005, ended in January 2006 and, in ...