The French state partly owns Engie, which used to be among the biggest buyers of Gazprom's gas. Holleaux said Russia could supply around 20-25% of EU needs, down from 40% before the war.

Current Russia-India bilateral trade is running at US$66 billion with a target to increase this to US$100 billion by 2030.

Japan will continue participating in Russian liquefied natural gas (LNG) projects on Sakhalin Island due to their strategic importance for the country’s energy security,

Hindustan Petroleum Corp. Ltd. is building an 80,000 mt underground LPG rock cavern in Mangalore, which is expected to be operational by mid-2025, company and government officials said.

Japan, South Korea and Taiwan have all said they are considering investments in a long-delayed $44 billion LNG export project in Alaska backed by Trump.

Despite a strong start to the solar season in Europe, and record amounts of cheap new renewable capacity in Germany since the energy crisis, it’s natural gas that will increasingly decide how much households and factories in Europe’s biggest economy pay for electricity.

The IEA projects power demand from data centers to double by 2030. While renewable energy capacity is also set to increase, especially in Europe, the intermittent supplies provided by wind and solar won’t be sufficient.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета прогнозируется в апреле 2025 года в размере 29,7 млрд руб.

The US, Japan and South Korea have committed to placing US LNG to bolster energy security and for mutual benefits, the countries said in a joint statement following a foreign ministerial trilateral meeting in Brussels on April 3.

Beijing slapped a 15% tariff on US LNG shipments from Feb. 10 in retaliation to American levies, which was further exacerbated last week by another set of Chinese levies on all imports from the US.

Gazprom began supplying gas to Slovakia again at the beginning of February, using volumes given up by Hungary on the TurkStream pipeline, SPP said last month. Volumes were due to double from April, but no amounts were given.

The Alaska energy project should be included in a trade package, Prime Minister Shigeru Ishiba told parliament Monday, as he seeks to put together a sweeping agreement with Washington.

Hungary has gone the other way, leveraging its ties to Moscow for economic gain. It carved out exemptions from under EU sanctions on Russian oil and doubled down on natural gas purchases from Russia. Hungary is also pressing on with the Russia-led expansion of its sole nuclear power plant.

Lower LNG demand from China is also providing near-term relief for European buyers competing for shipments. The Asian country’s purchases are forecast to fall this year for the first time since 2022,

LNG suppliers have invested billions in new export projects on the assumption that China, the world’s top buyer, will underpin demand growth for decades.