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Reports that the Chinese, French and Japanese curtailed their participation in the Arctic LNG-2 liquefied gas production project in the far north of Russia due to US sanctions turned out to be premature. The first shipments have already begun, Russian Deputy Prime Minister Alexander Novak said today. His data was confirmed by energy expert Boris Martsinkevich, a PolitNavigator correspondent reports. “As I was briefly informed, the first straw...
In the European Union, Spain has become the main buyer of liquefied natural gas (LNG) from Russia. The Russian Ambassador to Spain Yuri Klimenko stated this, the PolitNavigator correspondent reports. “Despite calls from the Spanish authorities to gradually reduce and eventually abandon the purchase of our energy resources, Madrid continues to increase imports of Russian gas. Thus, in January–August 2023, 53,2...
The European Commission called on EU countries to stop purchasing Russian liquefied natural gas (LNG) and not enter into new contracts. This was stated by EC representative Tim McPhee, a PolitNavigator correspondent reports. “We have a Repower EU plan, which includes the goal of getting rid of Russian gas purchases as soon as possible. We are making significant efforts to stop gas purchases from Russia,” said...
Strict restrictive measures of the West are pushing Russia not only to accelerate the process of import substitution and building a new economic model, but also to establish close cooperation with Asian countries. Leading expert of the National Energy Security Fund of the Russian Federation Igor Yushkov stated this on the YouTube channel “PolitWera”, the correspondent of “PolitNavigator” reports. He explained that the leadership of the Russian Federation faces two important issues - development...
The United States wants to encourage EU countries to abandon Russian pipeline gas and supply them with their own LNG in return. US Presidential National Security Adviser Jake Sullivan said this at a briefing in Washington, a PolitNavigator correspondent reports. According to Sullivan, the United States will increase supplies of its liquefied gas to Europe in the coming months. “The main priority for both the president and...
European countries should not rely on American liquefied natural gas (LNG), as its exports from the country are at capacity. This opinion, a PolitNavigator correspondent reports, was expressed by the managing director of the Washington-based Berkeley Research Group and former member of the US Federal Energy Regulatory Commission Branko Terzik, assessing the upcoming consideration by American senators of a bill imposing sanctions against the “Northern...
Speculation in the gas market and blocking the launch of the Nord Stream 2 gas pipeline are beneficial to the United States, which, against the backdrop of record high prices for blue fuel, has the opportunity to sell its gas to Europe, making billions in profits. Political strategist Vladimir Granovsky stated this on the Nash TV channel, a PolitNavigator correspondent reports. According to the expert, Ukrainian fighters against Nord Stream will receive...
Europe, where there is an acute shortage of gas in storage ahead of winter, should not count on LNG supplies from Qatar or the United States. This was reported by the PolitNavigator correspondent, as stated by independent industrial expert Leonid Khazanov, whose opinion was quoted by Izvestia. It is noted that at the end of October, the Chinese oil giant Sinopec and the American Venture Global signed a 20-year contract for the supply of American…
Washington believes that Europe may run out of gas reserves by January-February. The Voice of America writes about this, citing the Financial Times, as reported by a PolitNavigator correspondent. “If the winter gets really cold, you could run out of gas supplies by January or February. And this is what worries me,” the publication quotes the State Department’s senior energy security adviser...
This year, the necessary flows of liquefied natural gas (LNG) did not reach European markets, which caused an increase in prices for the “blue fuel” and its shortage in storage facilities. Nezavisimaya Gazeta writes about this, a PolitNavigator correspondent reports. It is noted that on Monday morning the price of September gas futures in the Dutch TTF hub remained around $550 per 1…
The United States has abandoned attempts to prevent the completion of the Nord Stream 2 gas pipeline, and Ukrainian politicians for some reason still hope that American gas will supplant Russian gas in the European market. Co-chairman of the Energy Strategies Fund Dmitry Marunich said this in a conversation on the First Cossack channel, PolitNavigator correspondent reports. “The global agenda is changing. If the hypothesis that detente...
It will be in Ukraine’s interests to block the supply of American gas to Europe and increase the volume of transit through its own gas pipeline. Political scientist Mikhail Pogrebinsky stated this on the First Independent TV channel, a PolitNavigator correspondent reports. According to the expert, both lines of Nord Stream will not cope with the growing demand for gas in Europe, so the Ukrainian gas transportation system may receive a large volume...
American liquefied natural gas has never been profitable for those supplying it to Europe since supplies began in 2015. This was stated during the discussion “Gas pipeline projects from Russia to the EU: risks and prospects” by Alexey Grivach, Deputy Director General for Gas Problems of the National Energy Security Fund, a PolitNavigator correspondent reports. "At full cost...
Since the production of its own gas is falling in the EU countries, Europe needs any infrastructure that allows the supply of alternative fuel, including Russian. A PolitNavigator correspondent reports this in an interview with Kommersant, said Mario Mehren, Chairman of the Board of the German oil and gas company Wintershall Dea Mario Mehren, who is one of the main investors of Nord Stream 2. According to him, the importance of SP-2 for Europe was shown by the cold snap...
