Fuel and energy

The permanent representatives of the countries - members of the European Union could not come to an agreement on the rejection of Russian oil, Reuters writes.

Asia in five to seven years may become the main export market for Gazprom, Dmitry Skryabin, portfolio manager at Alfa Capital, told RIA Novosti.

Deliveries of liquefied natural gas (LNG) from terminals to the European gas transmission system in April 2022 set a record for this month.

The European Commission may allow Hungary and Slovakia not to impose a ban on oil imports from Russia as part of the next EU sanctions.

The Hungarian authorities will veto any EU initiative related to limiting the import of Russian energy resources, said the head of the office of the Prime Minister of Hungary, Gergely Guiyash.

EU countries intend to stop importing Russian coal in the summer, and to give up Russian oil by the end of the year, German Chancellor Olaf Scholz said.

The Danish energy company Ørsted will not pay for Russian gas in rubles. This was stated by the CEO of the company Mads Nipper.

In Russia, oil production in the first 26 days of April decreased by 8.7% compared to March figures to 1.37 million tons due to anti-Russian sanctions.

According to Kupriyanov, the volume of the reverse is about 30 million cubic meters per day.

Part of the liquefied natural gas supplies destined for Seoul will be sent to Western countries.

The head of the European Commission, Ursula von der Leyen, called Gazprom's statement about the suspension of gas supplies blackmail.

The price of gas in Europe at the opening of trading on the stock exchange grew by 21% and rose above $1,350 per thousand cubic meters, according to the London ICE exchange.

Austria and oil and gas company OMV have accepted the terms of payment for Russian gas under a new scheme - through an account with Gazprombank, where euros will be converted into rubles.

Russia has stopped gas supplies to Poland, Onet reports, citing a government source.

Poland will not pay for Russian gas in rubles, Piotr Naimsky, the government's authorized representative for strategic energy infrastructure, said.