As an efficient and the conventional fuel with the lowest carbon content, natural gas is an important component in the context of energy supply.
The Dutch stance on the construction of the Nord Stream 2 gas pipeline was influenced by Shell, the investigative journalism platform “Follow the Money”.
Gazprom is gradually strengthening its position as a key gas exporter to south-eastern Europe.
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.
According to EU documents, the cut-off date for the use of Russian gas in the Community is 2046.
The US Department of Defense has banned US troops stationed in Europe from buying Russian any energy resources, effective as of now.
“Hungary is ready to enter into a new long-term contract with Russia’s Gazprom,” Foreign Affairs and Economic Relations Minister Péter Szijjártó said.
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.