Fuel and energy

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.

Raw materials are getting cheaper due to fears of falling demand amid a lockdown in Shanghai and a possible increase in the key rate in the United States.

According to the politician, at the moment they are talking only about blocking oil and fuel.

The price of fuel in March this year in Germany reached a record for half a century.

Shipments of Russian oil by sea over the past week decreased by 25%. This is reported by Bloomberg, citing ship tracking data.

The Cabinet of Ministers of Latvia has announced an energy crisis in the country until December 31 in the supply of petroleum products.

Pavel Zavalny, head of the State Duma Energy Committee, announced that by the end of 2021, Gazprom shareholders will be able to count on dividends.

Pavel Zavalny, head of the Russian State Duma Committee on Energy, said that foreign banks have lately been delaying payments for oil and gas to the Russian side, fearing sanctions.

Belarus and Russia have fixed the price of gas in rubles until the end of the year. Belarusian Deputy Prime Minister Yury Nazarov told about it.

Germany will not refuse cooperation with Gazprom, said candidate of technical sciences Alexander Vlasov FBA "Economy Today".

Europe's goal to reduce dependence on Russian gas is beneficial for US LNG exporters.

Failures are observed in payment for deliveries of Russian energy resources abroad.