RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2020-12-03 11:50:00

RUSSIA'S GAS FOR GERMANY

RUSSIA'S GAS FOR GERMANY

PLATTS - 02 Dec 2020 - Gazprom Export has begun to supply gas to the trading arm of Austria's OMV for delivery into the German market under a new long-term contract, the Russian company said Dec. 2.

OMV already has a long-term Russian gas import contract with Gazprom for 6 Bcm/year for deliveries to Austria that is set to run until 2040.
The new agreement for Russian gas supply into Germany was signed at the end of October, Gazprom Export said in a short statement.

"On Dec. 1, Gazprom Export began gas deliveries to the German market for OMV Gas Marketing & Trading," it said.

"This new long-term contract proves that Russian pipeline gas will remain in demand in Europe for many years to come," Gazprom Export CEO Elena Burmistrova said.

"We are glad that OMV will work on Europe's largest gas market in Germany with gas from Gazprom," Burmistrova said.

It is unclear how much gas and for what duration OMV has agreed to buy gas from Gazprom Export for German delivery.

OMV, in response to a request for comment from S&P Global Platts, said: "We can confirm that there is a new supply contract in place, but we do not disclose any details."

A Gazprom Export spokeswoman also declined to give further details.

OMV is one of Gazprom's key European partners. It is active in the Russian upstream with Gazprom, and is a co-financier of the almost-complete 55 Bcm/year Nord Stream 2 gas pipeline to Germany.

Its move in 2018 to extend to 2040 its long-term contract with Gazprom was a sign of the companies' close relations.

The contract signed in 2006 with OMV subsidiary Econgas -- which was fully consolidated by OMV in 2015 -- was due to expire in 2028.

-----


Earlier:

RUSSIA'S GAS FOR GERMANY
2020, November, 30, 11:50:00
NORD STREAM 2 RESUMPTION
Construction work on the Nord Stream 2 gas pipeline in the Baltic Sea will resume this week, despite U.S. sanctions designed to end the pipeline that will bring Russian gas to Germany.
RUSSIA'S GAS FOR GERMANY
2020, November, 27, 11:45:00
NORD STREAM 2 SANCTIONS
The DNV GL spokesman said: "Under these new guidelines, we find DNV GL's verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable."
RUSSIA'S GAS FOR GERMANY
2020, November, 26, 12:15:00
RUSSIAN GAZPROM'S BENEFIT
"The macroeconomic situation has had a negative impact on the long-term development prospects of the LNG industry," Gazprom said, adding that so far in 2020 only one final investment decision had been made for a new LNG production project.
RUSSIA'S GAS FOR GERMANY
2020, November, 24, 12:35:00
NORD STREAM 2 WILL BE COMPLETED
Wintershall Dea is one of five European energy companies -- along with France's Engie, Austria 's OMV, Anglo-Dutch Shell and Germany's Uniper -- that have co-financed the project, each committing to invest Eur950 million.
RUSSIA'S GAS FOR GERMANY
2020, November, 12, 13:55:00
NORD STREAM 2 SANCTIONS ANEW
Gazprom and Germany say Nord Stream 2 is purely a commercial project. Gas demand in Germany is growing as it cuts dependence on nuclear and coal power.
RUSSIA'S GAS FOR GERMANY
2020, November, 10, 11:25:00
NORD STREAM 2 AGAINST PENALTY $7.7 BLN
UOKiK on Oct. 7 imposed a fine of more than Zloty 29 billion ($7.62 billion, Eur6.48 billion) on Russian gas giant Gazprom for building Nord Stream 2 without its approval, as well as a fine totaling Zloty 234 million on five European companies that helped finance the project.
RUSSIA'S GAS FOR GERMANY
2020, November, 10, 11:20:00
GERMANY WITHOUT NORD STREAM 2
The almost complete Nord Stream 2 was meant to come online at the end of 2019, but the threat of US sanctions against companies working on laying the pipeline saw main contractor Allseas halt work in December last year.
All Publications »
Tags: RUSSIA, GAS, GERMANY, GAZPROM, OMV
Chronicle:
RUSSIA'S GAS FOR GERMANY
2021, September, 22, 12:25:00
ENERGY TRANSITION TO CARBON NEUTRALITY AS A FACTOR OF UNPRECEDENTED ACCELERATION OF GLOBAL WARMING
The article reveals the reasons for the unprecedented acceleration of global warming, which was reported by the IPCC in the report "Climate Change 2021", offers proposals for their elimination, as well as for eliminating their consequences.
RUSSIA'S GAS FOR GERMANY
2021, September, 21, 13:10:00
OIL PRICE: NEAR $75
Brent gained 95 cents or 1.3% to $74.87 a barrel , WTI was up 91 cents or 1.3% at $71.20.
RUSSIA'S GAS FOR GERMANY
2021, September, 21, 13:05:00
ЭНЕРГЕТИЧЕСКОЕ ВЗАИМОДЕЙСТВИЕ РОССИИ, ТУРЦИИ
Энергетическое взаимодействие России и Турции поступательно развивается по всем направлениям энергетики, её опорным точками остаются вопросы развития поставок энергоресурсов - нефти и нефтепродуктов, а также природного газа по газопроводу “Турецкий поток”.
RUSSIA'S GAS FOR GERMANY
2021, September, 21, 13:00:00
ГЛОБАЛЬНЫЙ ЭНЕРГОПЕРЕХОД В РОССИИ
Правительство начинает подготовку плана адаптации российской экономики к глобальному энергопереходу – сокращению использования традиционных видов топлива на фоне активного развития альтернативной энергетики
RUSSIA'S GAS FOR GERMANY
2021, September, 21, 12:55:00
НОВАЯ ЭНЕРГЕТИКА РОССИИ
При актуализации генеральной схемы размещения объектов электроэнергетики Минэнерго руководствуется необходимостью сохранения баланса в структуре российской генерации, делает ставку на гидроэнергетику и атомные электростанции
RUSSIA'S GAS FOR GERMANY
2021, September, 21, 12:50:00
RUSSIAN GAS FOR TURKEY +153%
From January 1 through September 19, 2021, Gazprom delivered 20.3 billion cubic meters of gas to Turkey. This is an all-time high amount of gas for this period and an increase of 153 per cent (or 12.3 billion cubic meters) against 2020 (8 billion cubic meters).
RUSSIA'S GAS FOR GERMANY
2021, September, 21, 12:45:00
MORE RUSSIAN GAS
"Gazprom delivers natural gas to its customers in full accordance with existing contractual obligations, and does everything within its capabilities to meet additional requests,"
All Publications »