Fuel and energy

According to Vladimir Putin, high gas prices in Europe are explained by the policy of the previous European Commission.

Consultations on the extension of gas transit through Ukraine after the expiration of the current contract have begun in Moscow.

This is reported by the Bloomberg agency, citing it's sources.

Rainer Seele, the former head of the Austrian oil company OMV, also spoke about the imminent completion of the construction.

Ukraine is preparing a legal position for consultations with the United States and Germany on guarantees to Kiev after the launch of the Nord Stream 2 gas pipeline and possible compensation under an association agreement with the EU.

A group of US congressmen submitted a resolution to the House of Representatives condemning a number of decisions by President Joe Biden in the field of energy policy, including the refusal to impose sanctions on the Nord Stream 2 pipeline.

According to the available data, the reserves of combustible matter in underground gas storage facilities in Europe are at the lowest level for many years.

According to the head of «Naftogaz», US President Joe Biden should restore sanctions against «Nord Stream-2».

This was announced by the EU High Representative for Foreign Affairs and Security Policy Josep Borrel.

Under the new agreement, Hungary will receive 4.5 billion cubic meters of gas from Russia annually.

The company plans to start producing Ukrainian gas in the second half of 2022.

The closer the completion of the Nord Stream 2 gas pipeline, the more vague its fate, and it is completely unclear what will happen after September, when the construction is completed.

The head of Rosneft and executive secretary of the presidential commission on the fuel and energy complex Igor Sechin asked Russian President Vladimir Putin to allow the company to export 10 billion cubic meters of gas to Europe a year against the backdrop of record high gas prices in Europe.

The emphasis was placed on the need to prevent Russia from using gas pipeline as a weapon.

The gas pipeline project has been implemented by 99%.