The changes to the CAATSA guidance is the latest move by the US to put pressure on companies involved in building both Nord Stream 2 and the TurkStream extension in Bulgaria and Serbia into Hungary.

OPEC+ sources have said no recommendations have been made to prolong record cuts into August

In April and May, Russian companies sold abroad 65.4 tons of gold for $3.55 billion while energy corporation Gazprom, holding a monopoly for delivery of natural gas to foreign countries, earned $2.4 billion over the same period.

Gazprom's expectations for its realized European gas price for the year were also unchanged.

Since the Arctic oil exports began, Gazprom Neft has delivered over 40 million tons of ARCO (Prirazlomnoye field) and Novy Port (Novoportovskoye field) to European countries.

The $20bn Akkuyu nuclear plant will comprise four 1200MWe VVER-1200 reactors

The key Joint Ministerial Monitoring Committee, co-chaired by Saudi Arabia and Russia, the two largest members of the coalition, will convene online July 15 and make a final recommendation.

Ukraine's total gas import capacity has expanded to 170 million cu m/d in 2020, up from the maximum capacity of 66 million cu m/d in 2019,

Rusatom Service is a subsidiary of Russian state nuclear corporation Rosatom, while MVM Group is Hungary's biggest power producer, which owns several power plants including the Paks Nuclear Power Plant subsidiary.

"Russia and Germany should take advantage of years of their successful partnership in the oil and gas industry to closely cooperate in the development of hydrogen, climate-friendly technologies for the future," the proposal sent to relevant ministries of both countries said.