The ongoing European energy crisis and its impact on economies across the region has seen unprecedented diplomacy efforts to secure a more stable energy supply, and Qatar has repeatedly said it stands ready to help its partners.

EU Member States consumed approximatively 400 bcm of gas in 2020 (25% of the EU's primary energy consumption), and they possess a combined gas storage capacity of about 105 bcm (as of 2020).

Egypt has an electricity capacity of 62 GW (at the end of 2021), 80% of which is from gas and 10% from oil.

REPowerEU is about rapidly reducing our dependence on Russian fossil fuels by fast forwarding the clean transition and joining forces to achieve a more resilient energy system and a true Energy Union.

The new pact, inked during a Qatari state visit to Germany, comes as Berlin looks to fast-track a number of new LNG import terminals to reduce its dependence on Russian gas imports.

The invasion of Ukraine by Russia has made it clear for all actors in Germany: diversification of gas imports is urgently needed.

Preliminary production figures for April 2022 show an average daily production of 1 871 000 barrels of oil, NGL and condensate.

В перспективе отказ ЕС от российской нефти приведёт лишь к перераспределению на рынке, а Россия направит свою нефть туда, откуда уйдёт сырьё для Европы.

German industry is particularly anxious about energy-intensive factories, such as glass, steel, food or drug manufacturing, as well as the chemicals sector, that provide many of the building blocks for industry.

Saying no to Russian energy means that Europe will systemically and for the long term become the world’s most costly region for energy resources.

Правительства стран полностью удовлетворены темпами развития совместных крупных проектов – как уже реализованных газопроводов «Голубой поток» и «Турецкий поток», так и строящейся первой турецкой АЭС «Аккую».

Gazprom produced 193.8 billion cubic meters of gas from January 1 through May 15, 2022. This is a decrease of 3.7 per cent (or 7.5 billion cubic meters) versus the same period of 2021.

Engie and Gazprom have agreed on a solution in line with both companies' expectations in terms of currencies and with European sanctions.

Due to the ongoing geopolitical crisis, the EU member states have set up a purchasing platform for gas, LNG and hydrogen. In this way, one wants to become more independent of Russian energy imports and react against the strong price fluctuations of natural gas.

The energy package due this week may include measures to address the increasing household costs and energy poverty.