More record gas prices on the EU market. On Monday, the price exceeded USD 650. There is a shortage of gas, and the storage facilities in many countries are not ready for winter.
On September 6, 2021, specialists on the laybarge Fortuna welded the last pipe of the two strings of the Nord Stream 2 Pipeline.
According to EU documents, the cut-off date for the use of Russian gas in the Community is 2046.
Gazprom has reported that in the first eight months of the year, exports of “blue fuel” to non-CIS countries increased by 21.5%.
The decline in supplies through Yamal-Europe is the direct cause of another price increase, Kommiersant writes. Supplies via this pipeline dropped by 44 percent to 0.84 million cubic metres per hour due to a fault caused by a fire at the Urengoy plant.
In H1 2021, natural gas became Germany’s main source of energy for the first time ever, according to AGEB energy industry think tank.
In January-July, 2021, Gazprom’s gas exports to the Far Abroad countries reached 115.3 bcm.
Russia is consistently implementing its strategic goal of dominating Europe’s gas market. After winning the Nord Stream 2 case, Gazprom will launch a major new gas investment.
Gazprom CEO Alexey Miller does not rule out the possibility of increasing the volume of gas transit through the territory of Ukraine above its current obligations after the expiration of the contract for pumping gas in 2024.
In January-June 2021, Gazprom produced 260.8 bcm, which is 18%, or 39.8 bcm, more than in the first half of 2020.