Ukrnafta, a state-owned oil and gas extraction company that is a subsidiary of Naftogaz, has bought a 51% stake in Shell's gas station network in Ukraine, the press service of Naftogaz reported on Nov. 19.
Slovensky plynarensky priemysel (SPP) may also consider a longer-term agreement, as it is also preparing to cut off Russian gas supplies through Ukraine.
No deal is currently on the table between Europe and Azerbaijan to keep gas flowing through Ukraine once a transit deal with Russia expires at the end of the year, despite reports a contract was nearing, CEO of Ukrainian state-owned oil and gas giant Naftogaz said.
According to EXPRO’s calculations, gross natural gas production rose by 2.3% in October 2024 compared to the same month last year, reaching 1.663 billion cubic meters, the highest level since January 2022.
"We regularly discuss the topic with our partners, but the information about the upcoming conclusion of a gas supply contract with the participation of SPP is not true," Slovakian state-run gas importer SPP said.
Budapest and Russia's state-owned gas company Gazprom are in talks on additional purchases of gas next year, Hungarian Foreign Minister Peter Szijjarto said in an interview with Kremlin-run RIA Novosti published on Oct. 15.
Dusan Bajatovic, CEO of the Serbian state-owned company Srbijagas, came to an agreement with Alexey Miller, CEO of Russian state-owned energy giant Gazprom, and expects Russian gas supplies to reach 400 million cubic meters this winter.
In the meantime, Gazprom's net cash flow from operating activities increased by 5% to $242 billion in 2023.
India will not purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which has been sanctioned by Western countries, Indian Oil Secretary Pankaj Jain said on Sept. 27, Reuters reported. Arctic LNG 2, owned by Russia’s Novatek, aims to produce nearly 20 million metric tons of LNG
The U.K. imposed sanctions on Sept. 25 against five vessels and two companies involved in the transportation of Russian liquefied natural gas (LNG) as it looks to exert more pressure on sources of revenue for the Kremlin, according to a statement. While LNG exports have been less heavily sanctioned
Germany's natural gas storage facilities are full, and all goals have been met, according to German Vice-Chancellor and Economy Minister Robert Habeck
While Russia's deadly war rages on Ukraine's soil, one unexpected aspect of the invasion is that natural gas continues to flow through Ukraine from Russia, with both sides profiting from the deal and – to an extent – financing each other's war machines. That is expected to change when their deal expires
Europe is "fully committed" to phasing out Russian gas and is "ready to live without this Russian gas coming from the Ukrainian transit route," EU Energy Commissioner Kadri Simson said on Sept. 11.
Negotiations are underway between Azerbaijan and the EU, Moscow, and Kyiv on supplying natural gas to Europe via Ukraine, Azerbaijani President Ilham Aliyev said on Sept. 6 at the Cernobbio Forum in Italy
Norway's energy sector is under threat of sabotage from Russia, Norwegian security chief Beate Gangaas told Reuters on Aug. 27, as European security services briefed Norwegian energy officials on potential Russian threats.
The Austrian Energy Ministry said as long as there is dependence on Russian gas supplies, "there is a massive risk of a corresponding supply failure with far-reaching consequences."
Kyiv and Moscow plan to continue transmitting gas to Europe despite Ukraine's incursion in Kursk Oblast near a key cross-border transit point for the fuel, Bloomberg reported on Aug. 12, citing its undisclosed sources.
USAID provided gas distribution network operators in the Kherson region with vehicles for emergency repairs, responding to frequent damage caused by ongoing Russian shelling.
Companies of Ukraine's state-owned Naftogaz Group produced 8.6 billion cubic meters (bcm) of commercial gas in the first seven months of 2024, representing a 7% increase compared to the same period last year, the company's press service said on Aug. 6.
Slovenia started to receive natural gas from Azerbaijan on Aug. 1, as European countries diversify away from Russian supplies of fossil fuels.
"The commissioning of the new well increased the daily production of natural gas at the deposit by 17%," Naftogaz Group CEO Oleksii Chernyshov said.
Naftogaz, Ukraine's state-owned oil and gas company, has accumulated 10 billion cubic meters (bcm) of gas reserves for the upcoming winter period, the company said on July 22.
A key goal of the investment is to help create strategic natural gas reserves at Naftogaz, Ukraine's state-owned energy company.
In the first half of 2024, Ukraine's largest gas producer, Ukrgasvydobuvannya, pumped 8.8% more gas than in the same period last year, the company announced on July 16.
In 2023, the Russian gas giant suspended Bulgargaz's long-term contract, which covered 90% of the quantities of natural gas delivered by Bulgargaz to customers.
The report attributes decreased U.S. exports to a one-time outage at a major LNG export facility, combined with Russia delivering more gas through Turkey ahead of planned maintenance in June.
Under the deal, DTEK, Ukraine's largest private energy company, will start purchasing an unspecified amount of LNG from Venture Global later in 2024 and throughout 2026.
An arbitration court awarded the German energy company Uniper the right to terminate a long-term contract with Russia's Gazprom and more than 13 billion euros ($14 billion) in damages for failed gas deliveries, Uniper said on June 12.
China has become a key lifeline for Russia's economy after the West sought to wean off Russian fossil fuels in the wake of the full-scale invasion of Ukraine. Beijing is now using Moscow's growing dependency to gain advantageous conditions on the Power of Siberia 2 pipeline, the FT wrote.
An overnight missile attack on occupied Luhansk Oblast has damaged a gas pipeline in Pervomaisk, occupation authorities reported on May 30.
Gazprom’s revenue fell by 30% last year with a net loss of $6.9 billion, the largest in 25 years. Russia’s full-scale invasion of Ukraine led to worsening relations with Europe, limiting the operations of the company.
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said on April 28.
