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Surprise: Gazprom “Completely Halts” Nord Stream Gas Supplies Due To “Unexpected” Leak
Surprise: Gazprom “Completely Halts” Nord Stream Gas Supplies Due To “Unexpected” Leak After a 3-day halt, Russian energy giant Gazprom was expected to resume critical supplies of nat gas to Europe via Nord Stream 1 tomorrow, but it appears that Putin is enjoying the game of cat and mouse a little too much, and gas […]
Gas Levy Could Triple Household Heating Bills In Germany
Gas Levy Could Triple Household Heating Bills In Germany Germany plans to introduce a levy for all its gas consumers beginning in October as the government looks to avoid a wave of collapsing gas-importing and gas-trading companies amid record-high natural gas prices, a new bill seen by Reuters showed on Thursday. Russia is further reducing flows via […]
EU Natural Gas Prices Soar As Gazprom Readies Nord Stream Cuts, US NatGas Hits 14-Year High
EU Natural Gas Prices Soar As Gazprom Readies Nord Stream Cuts, US NatGas Hits 14-Year High European natural gas futures extended gains by 12% after Russian state-owned energy producer Gazprom PJSC unexpectedly announced it would halt a Nord Stream 1 turbine at its Portovaya compressor station from Wednesday. Simultaneously, US NatGas futures have spiked to 14-year highs. […]
US Targets Russian Nord Stream-2 Gas Project: Déjà Vu Story
US Targets Russian Nord Stream-2 Gas Project: Déjà Vu Story The US Countering Iran’s Destabilizing Activities Act of 2017 contains a separate section called the Countering Russian Influence in Europe and Eurasia Act (“CRIEEA”). CRIEEA authorizes – and at times requires – the President to impose significant new sanctions on the Russian energy, financial, and […]
Impacts of Turkey’s Aggression against Russia. The “Turkish Stream” is Dead. Disruption of Gas Pipeline Routes to the EU. Russia’s Economy in Crisis?
Impacts of Turkey’s Aggression against Russia. The “Turkish Stream” is Dead. Disruption of Gas Pipeline Routes to the EU. Russia’s Economy in Crisis? “Regime change” in Ukraine engineered by the US State Department was largely responsible for the collapse of the “South Stream” gas pipeline project. Washington’s intent was to establish a de facto blockade […]
Nord Stream Two: Implications for Europe
Nord Stream Two: Implications for Europe Russia, Germany, and a consortium of Western European companies have re-activated the Gazprom-led Nord Stream Two gas pipeline project. Parallel to the existing Nord Stream One pipeline on the Baltic seabed, Nord Stream Two would double the system’s total capacity to 110 billion cubic meters (bcm) annually, all earmarked […]
‘Sanction Spiral’: Russian Natural Gas Exports to Europe Soar
‘Sanction Spiral’: Russian Natural Gas Exports to Europe Soar The infamous “sanction spiral” imposed on Russia by the US and Europe with such fanfare last year in the wake of the Ukrainian fiasco has receded from Western headlines. In Russia, it coagulated with the oil price plunge, and during the first two quarters this year, the economy […]
Reshuffling Eurasia’s Energy Deck — Iran, China and Pipelineistan
Reshuffling Eurasia’s Energy Deck — Iran, China and Pipelineistan Pipelineistan – the prime Eurasian energy chessboard — never sleeps. Recently, it’s Russia that has scored big on all fronts; two monster gas deals sealed with China last year; the launch of Turk Stream replacing South Stream; and the doubling of Nord Stream to Germany. Now, with […]
