Head of the Office of the President of Ukraine Andriy Yermak said that Russia had started to use the just completed NS 2 gas pipeline as a weapon against Ukraine.
Gazprom is gradually strengthening its position as a key gas exporter to south-eastern Europe.
The Arkticheskoye and Neytinskoye fields have combined estimated hydrocarbon reserves of 2.9 billion barrels of oil equivalent (boe), including 413 billion cubic meters (bcm) of natural gas and 28 million tons of liquids.
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.
It seemed that the construction of Gazprom’s gas pipeline was a foregone conclusion, but now the White House is appointing its own special representative for Nord Stream 2 just as the Russians are announcing that they are “a few weeks away” from completing the project.
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.