Browsing: Gas market

Hungary no longer needs Ukrainian infrastructure for the supply of Russian natural gas thanks to the TurkStream pipeline, Foreign Minister Peter Szijjarto said on Monday.

The coal-to-gas pivot by industrial consumers across Asia is gathering pace, according to the energy giant

Russian pipeline gas supply to the EU jumped by 41% last month on an annual basis, amounting to 2.52 billion cubic meters (bcm), the newspaper Vedomosti reported on Wednesday. 

The fuel is seen as a vital lifeline for Western Europe, which has cut itself off from cheaper Russian gas imports

Gazprom supplies gas for Europe through Ukraine in the volume of 42.4 mln cubic meters (mcm) per day via the Sudzha gas pumping station in Russia’s Kursk Region, a Gazprom representative told reporters, adding that the request for pumping through Sokhranovka had been rejected by the Ukrainian side.

Russia’s gas exports to China were nearly 50% higher in 2023 than they were the previous year, energy giant Gazprom has revealed.

Natural gas prices in Western Europe rose more than 8% on Wednesday, according to data from the London Intercontinental Exchange (ICE).

Belgium’s imports of Russian liquified natural gas (LNG) grew sixfold in October, after five months of reduced purchases, RIA Novosti reports, citing EU statistical data.