Gas

Denmark suddenly needs Nord Stream 2

Denmark has suspended gas production at the country's largest Tyra field.

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China has bought record 1.6 million tons of oil from Russia

Low prices for Russian Urals oil (its price is tied to Brent at a discount) allowed China to buy record volumes from Russia - 1.6 million tons from

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Gazprom to hit European competitors with prices

Gazprom continues to increase spot gas sales, even ignoring rapid fall in price of natural gas.

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n 2023, Gazprom plans to produce 5 billion cubic meters of gas in Kovykta

In December 2022, Gazprom Dobycha Irkutsk LLC (part of PJSC Gazprom) plans to supply the first gas from the Kovykta field to the Power of Siberia trunk pipeline.

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Gazprom is forced to reduce gas supplies to Europe

In the current year, Gazprom will reduce deliveries of fuel to Europe.

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Gazprom Dobycha Krasnodar began construction of an exploratory well on Pribrezhno-Novotitorovsky subsoil site

Gazprom Dobycha Krasnodar has started construction of the West-Varavenskaya search well №1 on the Pribrezhno-Novotitorovs

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Record 60% of European underground gas storage facilities filled

Energy Information Administration (EIA) of the US Department of Energy has estimated the European gas storage capacity at the end of winter at 60%,

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Share of Arctic oil in Gazpromneft's total production portfolio exceeds 30%

Gazpromneft's assets located beyond the Arctic circle have provided about 30% of the company's total oil production in 2019.

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Gazprom will hit prices of European competitors

Gazprom continues to increase spot sales of gas without even paying attention to the rapid drop in natural gas prices

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Azerbaijan reduced oil exports by 5.9% in January 2020, but increased gas supplies by 3.8%

In January 2020, Azerbaijan exported 2.6 million tons of oil, which is by 5.9% less than in the same period of 2019.

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