“Of course we will finish building (the pipeline)... Gazprom has alternative options for how to lay it. It will take a little more time, but that’s no big deal,” Medvedev told journalists, adding that it could take a couple more months.

Gazprom is showing that the strategy chosen for 2020 -- and potentially over the longer term -- is to defend its market share in Europe by flooding the Continent with cheap gas, send alternative sources of supply, in particular LNG, out of the money, traders told

Russian gas producer Gazprom said on Tuesday it has raised 9 billion euros ($10 billion) and 171 billion rubles ($2.8 billion) from a pool of international and Russian banks to finance its Amur gas processing plant.

Spending an estimated Eur66 billion on the three projects, Gazprom clearly saw money as being no object to achieving its goals -- be they economic, geopolitical or both.

It was highlighted that the ongoing global growth in natural gas consumption is one of the chief trends of 2019.

This was supposed to be a breakout year for US LNG export projects getting commercially sanctioned. But with 2019 wrapping up, just two new export terminals and an additional train at an existing facility made it over the line to construction.

Ukraine is a key transit route for Russian piped gas exports to Europe and the existing deal between the two post-Soviet countries expires at the end of 2019.

Saudi Arabia and Kuwait signed an agreement Tuesday to resume pumping at two major oilfields in a shared neutral zone shut for five years due to a bilateral disagreement, officials said.

Artificial Intelligence, AI, will be a key enabling technology in achieving renewable energy and sustainability targets, according to a report, "Artificial Intelligence: Transforming the Future of Energy and Sustainability," released today, ahead of January’s 2020 World Future Energy Summit.

The macroeconomic outlook is more subdued and uncertain than in recent years. India's economy growth is projected at 6.1 percent in FY2019/20. Investment and private consumption are expected to firm in the second half of the fiscal year.