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2018-06-22 13:15:00

GAZPROM FOR GERMANY: +13%

ГАЗПРОМ ДЛЯ ГЕРМАНИИ: +13%

GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ruediger von Fritsch, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Russian Federation, took place in Moscow.

The parties discussed the state and prospects of cooperation in the gas sector. Emphasis was placed on the strategic aspects of the collaborative Russian-German efforts along the entire value chain, including field development and gas transmission system expansion with the purpose of supplying gas to European consumers.

The meeting highlighted that Germany continued to ramp up its imports of Russian gas. According to preliminary data, from January 1 through June 19, 2018, Gazprom supplied Germany with 28.2 billion cubic meters of gas, an increase of 13.1 per cent from the same period of 2017.

The parties paid special attention to the Nord Stream 2 project aimed at bolstering Europe's energy security. Alexey Miller informed Ruediger von Fritsch that a full set of permits for the gas pipeline's construction and operation had been received from Germany, Finland and Sweden and that preparatory works were already underway in Germany and Finland.

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Background

Germany is the largest foreign consumer of Russian gas.

In 2017, Gazprom's gas supplies to Germany hit a record high of 53.4 billion cubic meters, showing a 3.6 billion cubic meters (7.2 per cent) increase against the 2016 record of 49.8 billion cubic meters.

Nord Stream 2 is the construction project for a gas pipeline with the annual capacity of 55 billion cubic meters from Russia to Germany across the Baltic Sea.

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Earlier:

 NORD STREAM TO GERMANY
2018, May, 18, 08:50:00

NORD STREAM TO GERMANY

REUTERS - A consortium of western companies and Russia’s Gazprom that is due to build the controversial subsea Nord Stream 2 gas pipeline to Germany said on Tuesday it was starting preparatory work in the Greifswald bay off Germany’s Baltic coast.

 IEA'S CLEAN ENERGY
2018, April, 20, 08:40:00

IEA'S CLEAN ENERGY

IEA - Dr Fatih Birol, the International Energy Agency’s Executive Director, met Monday with Peter Altmaier, Germany’s Minister of Economy and Energy. The bilateral meeting focused on the IEA’s role in the global clean energy transition thanks to its expertise across all fuels and energy technologies, as well as energy efficiency.

 RUSSIAN GAS UP TO 400 MCMD
2018, April, 11, 13:15:00

RUSSIAN GAS UP TO 400 MCMD

PLATTS - Russian flows of natural gas into Germany and Slovakia combined rose above 400 million cu m/d in each of the final three days of Week 14 for the first time on almost five months as Brotherhood flows increased, data from S&P Global Platts Analytics showed.

 U.S. WANT RUSSIA'S MARKET SHARE
2018, January, 29, 08:30:00

U.S. WANT RUSSIA'S MARKET SHARE

BLOOMBERG - The expansion of Russia’s gas pipeline to Germany under the Baltic Sea, which bypasses a number of east European nations, will allow the Kremlin to use energy as a “political tool,” U.S. Secretary of State Rex Tillerson said in Warsaw.

 GERMAN OIL & GAS: 58.3%
2017, December, 22, 22:20:00

GERMAN OIL & GAS: 58.3%

PLATTS - Germany's total primary energy consumption for 2017 is forecast to rise by 0.8%, mainly due to strong economic growth, with oil and gas further boosting their market share to 58.3% of the energy mix, German research group AG Energiebilanzen (AGEB) said Thursday.

 LETTERONE & WINTERSHALL MERGER
2017, December, 22, 22:00:00

LETTERONE & WINTERSHALL MERGER

FT - Mr Fridman would acquire an interest in the Wingate gas platform off the east coast of England as part of a proposed merger between DEA, an energy company he controls, and Wintershall of Germany, which operates the UK field.

 РУССКИЙ ГАЗ В ГЕРМАНИЮ: 200 МЛРД.
2017, December, 1, 12:45:00

RUSSIAN GAS TO GERMANY: 200 BLN

GAZPROM - the Nord Stream gas pipeline transmitted its 200 billionth cubic meter of gas from Russia to Germany via the Greifswald delivery point.

Tags: РОССИЯ, ГЕРМАНИЯ, ГАЗ, ГАЗПРОМ, RUSSIA, GERMANY, GAS, GAZPROM

Chronicle:

ГАЗПРОМ ДЛЯ ГЕРМАНИИ: +13%
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

ГАЗПРОМ ДЛЯ ГЕРМАНИИ: +13%
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

ГАЗПРОМ ДЛЯ ГЕРМАНИИ: +13%
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

ГАЗПРОМ ДЛЯ ГЕРМАНИИ: +13%
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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