Oil

The President of the Independent Fuel Union (NTS) Pavel Bazhenov sent a letter to the State Duma, in which he asked to soften control over the accuracy of fuel supply at gas stations.

The European Commission (EC) intends to introduce requirements for the minimum gas reserves that the EU countries must have by the beginning of the heating season.

In response to US sanctions, Russia may stop the supply of gas and oil.

The launch of Nord Stream 2 is already capable of stabilizing the gas market in Europe, said Russian Deputy Prime Minister Alexander Novak.

Russian President Vladimir Putin, during a press conference following a meeting with German Chancellor Olaf Scholz, stressed that Nord Stream 2 is a purely commercial project.

Russia will continue to supply gas through the territory of Ukraine even after 2024, if it is profitable and there is corresponding demand.

Anatoly Chubais, the Special Representative of the President of Russia for Relations with international organizations on sustainable development, called for the introduction of a fee for harmful emissions in the country as soon as possible.

The Polish company PGNiG has filed a counterclaim against Gazprom with a demand to reduce energy prices, the corporation reported.

Europeans will have to live with higher prices in 2022, as inflation broke out amid a jump in the cost of energy.

The Russian budget could receive more than $65 billion in additional revenue in 2022 thanks to rising oil prices, which will help to cope with possible sanctions from the US and Europe.

Republican minority leader in the Senate, Kentucky Senator Mitch McConnell said that German Chancellor Olaf Scholz agreed to stop Nord Stream 2.

Italian Foreign Minister Luigi Di Maio said that the launch of the Nord Stream 2 gas pipeline "objectively weakens the position" of Kiev in negotiations on gas supplies from Russia.

One of the most important points out of the crisis with Russia remains the launch of the Nord Stream 2 gas pipeline.

The introduction of economic sanctions against Russia and "Nord Stream-2" will bring significant losses to the EU countries, Valery Korneychuk told IA REGNUM.

Unemployed residents of the city of Zhanaozen, Mangystau region of Kazakhstan, took to the street and declared distrust of the country's authorities.