Fuel and energy

The Austrian authorities oppose the use of the Nord Stream 2 project as an instrument of pressure on Russia in the context of the situation in Ukraine.

No one in Europe has come across a violation of Gazprom's gas supply contracts. Hungarian Foreign Minister Peter Siyarto announced this.

Bundestag deputy from the Green party Omid Nuripur believes that political decisions will not lead to the shutdown of the Nord Stream 2 gas pipeline.

The representative of the Ministry of Economy of the Federal Republic of Germany, Suzanne Ungrad, refused to answer the question about the possible timing of the launch of the Nord Stream 2 gas pipeline.

The condition for the launch of the Nord Stream 2 gas pipeline should be the dismantling of military bases abroad by Russia. This was stated by the former adviser to the President of the United States.

Poland is losing its position as a transit country for Russian gas, says Andrzej Szczęsnyak, an expert in the field of the fuel market and energy security.

European countries that have concluded long-term contracts with the Russian Federation for the supply of gas now feel much calmer than those who focus on the spot market.

This is due to abnormally low temperatures in the gas supply areas of Russia.

He predicted a rapid rise in prices for natural gas due to depletion of underground gas storage.

At the first stage, the Ministry of Trade will sell 100 thousand kiloliters (629 thousand barrels) of oil.

Russian President Vladimir Putin on Friday, December 24, called it stupidity to prevent the launch of Nord Stream 2.

The price of electricity in Russia is now 20 times lower than in Europe. This was announced on Friday, December 24, by Russian Deputy Prime Minister Alexander Novak.

The European Commission has received a complaint from Ukraine's Naftohaz over "abuse of Russia's Gazprom's dominant position on the European market".

Gas futures prices in Europe fell by more than 8% by the close of trading on Wednesday, below $2,000 per thousand cubic metres.

The Ukrainian and Hungarian gas transport system operators have signed an agreement on guaranteed capacity to transport up to eight million cubic metres of gas per day from Hungary to Ukraine, which will increase the total capacity for imports to 35 million cubic metres per day.