Fuel and energy

New US Department of Justice sanctions against the Nord Stream 2 gas pipeline will demonstrate a reluctance to forge a constructive relationship with Russia.

The company implements more than a hundred projects.

The Americans do not intend to ease their pressure and will seek to halt the construction of the Nord Stream 2 gas pipeline.

The head of Gazprom, Alexei Miller, in a letter to Prime Minister Mikhail Mishustin, estimated the costs of the company when switching to Russian software at an amount starting from "180 billion rubles."

Since the beginning of 2021, the cost of delivering Russian gas to China via the Power of Siberia gas pipeline has dropped to a minimum - below $ 120 per thousand cubic meters.

The Kremlin proceeds from the assumption that the government keeps the situation with fuel prices under control and will not allow a sharp rise.

Ukrainian security forces fired at the outskirts of Donetsk, as a result of which the gas pipeline was damaged.

For the first time, Gazprom has supplied a shipment of carbon neutral liquefied natural gas (LNG) to Europe

Traders are trying to make money on low prices after a prolonged sell-off.

Russia exported 32.83 million tons of oil to distant foreign countries, which is 21.6% less, than in the same period in 2020.

The deal is valued at more than $1 billion and has the potential to grow by another $300 million.

Analysts believe, that the reason is uncertainty about the recovery of fuel production in the United States.

The agreement was reached at a meeting in Jerusalem between Israeli Energy Minister Yuval Steinitz and Egyptian Minister of Oil and Mineral Resources Tariq al-Mulla.

Colds are depleting gas reserves in Europe, where 55.5 billion cubic meters have already been taken from underground storage facilities, which is 27.6% more than in the entire last winter.

The US will not include German companies in the list of sanctions against Nord Stream 2. Bloomberg reports this with reference to informed sources.