Gas

    • Russia, Ukraine sign gas transit deal for the next five years

      Russia, Ukraine sign gas transit deal for the next five years

      Russia and Ukraine reached on Monday a deal to ensure the flow of Russian natural gas through Ukraine to Europe for the next five years. Ukraine is set to get more than $7 billion in gas transit fees by 2024 under the new deal with Gazprom, Ukrainian President Volodymyr Zelenskiy said. It is also a positive signal for the EU nusinesses dependent on the reliable delivery of natural gas from Russia. "Europe knows that we will not fail when it comes to energy security," Zelenskiy pointed out.

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    • Greece, Israel, Cyprus sign deal on gas pipeline in January

      Greece, Israel, Cyprus sign deal on gas pipeline in January

      Greece, Cyprus and Israel will press ahead with the development of a pipeline channeling natural gas from the eastern Mediterranean to Europe, Greek Prime Minister Kyriakos Mitsotakis’ office said on Sunday. Mitsotakis, Israeli Prime Minister Benjamin Netanyahu and Nicos Anastasiades, the president of Cyprus, are now expected to sign an agreement on the so-called EastMed pipeline in Athens on 2 January.

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    • EU's top court hits at Gazprom

      EU's top court hits at Gazprom

      Europe's top court overruled last Tuesday an EU decision allowing Russia's Gazprom to ship more gas via the Opal gas pipeline, which links its Nord Stream pipeline to Germany, news wires reported. The ruling is politically charged as Poland and other eastern European nations fight Gazprom's plans to double the capacity of Nord Stream and bypass legacy gas routes via Poland and Ukraine, Reuters commented.

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    • Seeking gas, Zelensky slams Nord Stream 2

      Seeking gas, Zelensky slams Nord Stream 2

      Ukraine's president Volodymyr Zelensky on Saturday slammed the controversial Nord Stream 2 pipeline as a "threat" to Europe and welcomed moves by Kiev to tap into US gas supplies, news wires reported. He made the comments beside Poland's President Andrzej Duda in Warsaw, where he was due to attend Sunday ceremonies marking 80 years since the outbreak of World War II.

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    • Portuguese petrol stations run dry ahead of strike

      Portuguese petrol stations run dry ahead of strike

      "Empty" signs hung on pumps in Lisbon and elsewhere across Portugal a few hours before a strike by fuel-tanker drivers kicks off at the height of the summer holidays. According to an internet site that compiles reports from drivers, https://janaodaparaabastecer.vost.pt, almost 15% of the country's 3,000-plus stations were partially or fully sold out before the beginning of the strike at midnight.

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    • PMs of Bulgaria and Greece break ground on intersystem gas pipeline

      PMs of Bulgaria and Greece break ground on intersystem gas pipeline

      In a ceremony marking the start of construction works on an intersystem gas connection between Bulgaria and Greece, the two countries' prime ministers - Boyko Borissov and Alexis Tsipras, respectively - broke ground on the project and signed a section of the pipeline. “Over the years, we heard a lot of talk about interconnectors and diversification. Well, we quietly did some actual work and today we are launching the project,” said Borissov during the official ceremony. He added that the pipeline allows for real and complete diversification of natural gas supplies.

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    • Weber vows to stop Nord Stream 2

      Weber vows to stop Nord Stream 2

      The lead candidate for Europe’s conservative bloc in next month’s EU elections Manfred Weber said he would try to stop the Nord Stream 2 gas pipeline if he becomes European Commission president, according to an interview published Tuesday..

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    • Baltic Pipe to link Poland, Denmark

      Baltic Pipe to link Poland, Denmark

      New gas pipeline will soon link Poland with Denmark and Norway after last Monday the European Commission signed a multimillion-euro grant that will allow the project to go ahead. The Baltic Pipe is seen as Warsaw's answer to the Russian-German Nord Stream 2. The project will get a €215m EU grant, which was agreed by the Member States in January. The value of the entire investment in the pipeline, to be completed in 2022, is €1.6bn, around half of which is to be supplied by the Polish side.

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