tldrdaily.news logo
Tag

Gas Imports

All articles tagged with #gas imports

world4 months ago

Slovakia Boosts Gas Imports and Seeks Closer Ties with Russia

Slovakia, led by Prime Minister Robert Fico, is seeking to normalize and increase its energy relations with Russia, including boosting gas imports via the TurkStream pipeline, despite EU plans to phase out Russian fossil fuels. Fico opposes EU sanctions and plans to vote against the phaseout, emphasizing Slovakia's interest in maintaining energy cooperation with Russia. The move has drawn criticism from other European countries concerned about increased reliance on Russian energy and the implications for EU unity and policy.

via The Kyiv Independent|
#fico#gas-imports#moscow
energy1 year ago

Germany Blocks Russian LNG Shipments at Ports

Germany has instructed its state-operated gas import terminals to reject Russian liquefied natural gas (LNG) shipments to protect national interests and maintain independence from Russian gas. This move aligns with Germany's efforts to diversify energy sources following Russia's invasion of Ukraine and the subsequent reduction of pipeline gas supplies. While the EU continues to import Russian LNG, Germany has not directly imported it since the invasion, and the new directive ensures this policy remains in place.

via Financial Times|
#energy#energy-policy#eu
energy2 years ago

EU Empowers Member States to Cut Off Russian Gas Imports

The European Council and parliament have reached a provisional agreement on new rules that would allow EU member states to ban Russian energy companies from their pipelines and terminals, potentially enabling them to end all gas imports from Russia. The proposed legislation aims to protect the security interests of EU member states while diversifying energy sources. If approved, it would allow owners of EU gas import infrastructure to sever ties with companies importing Russian gas without facing financial penalties. Europe's gas supply crisis has stabilized, with high storage levels and the expectation of new LNG sources in the global market. HSBC predicts falling wholesale gas prices in Europe by 2026 due to increased supply from new LNG projects.

via The Guardian|
#energy#energy-security#eu
energy2 years ago

EU Empowers Member States to Halt Russian Gas Imports

The European Union is set to grant member states the authority to block gas imports from Russia and Belarus, allowing them to restrict access to infrastructure for gas operators from these countries in order to protect their security interests. The draft legal text proposed by Brussels is expected to be endorsed by negotiators from member nations and the European Parliament. This move comes as the EU aims to avoid energy price spikes and supply deficits, following last year's record-high prices and concerns over Russia's reduction of gas supplies. Discussions are also underway regarding further economic sanctions on Russia in response to its invasion of Ukraine.

via Reuters|
#energy#eu#gas-imports
energy2 years ago

Russia's Gazprom to Increase Gas Supply to Hungary and China for Winter

Hungary plans to increase its purchases of Russian gas for the upcoming winter, according to Gazprom, despite criticism from the West that the arrangement supports the war in Ukraine. Gazprom CEO Alexey Miller stated that significant additional volumes have already been delivered to Hungary this year, and more will be supplied in the autumn-winter period. Hungarian Prime Minister Viktor Orbán recently held talks with Russian President Vladimir Putin, focusing on gas and oil shipments, as well as nuclear fuel supply. The deepening relationship between Hungary and Russia has raised concerns among Western diplomats, while Hungary's Ministry of Foreign Affairs and Trade declined to comment on Gazprom's statement.

via POLITICO Europe|
#energy#gas-imports#gazprom
energy2 years ago

EU's Increasing Reliance on Russian LNG Despite Sanctions

Despite the European Union's pledge to reduce gas imports from Russia due to the invasion of Ukraine, a study by Global Witness reveals that EU purchases of Russian liquefied natural gas (LNG) have increased by 40% compared to pre-war levels. The EU bought 21.6 million cubic meters (mcm) of Russian LNG between January and July 2023, with China, Spain, Belgium, Japan, and France being the top buyers. The EU's market share of Russian LNG exports reached 52% during this period. The findings raise questions about the bloc's efforts to weaken the Kremlin's war chest, as buying Russian gas indirectly supports the ongoing conflict in Ukraine.

via Euronews|
#energy#eu#gas-imports