2022-02-24 12:25:00
RUSSIAN GAS TO EUROPE UP
PLATTS - 24 Feb 2022 - Russian gas exporter Gazprom said Feb. 24 that its shipments of Russian gas via Ukraine to Europe are continuing as normal, hours after officials in Kyiv said Moscow had launched an invasion.
"Gazprom is supplying Russian gas for transit via Ukraine as normal, in line with requests from European consumers," the company said in a statement.
It added that deliveries on Feb. 24 are set at 83 million cubic meters, a 31.4% increase on Feb. 23.
Europe's TTF gas price made huge gains in early trade Feb. 24 after Ukraine said Russia had launched a full-scale invasion of the country. The TTF March price rose by as much as 35% in early trading, reaching Eur120/MWh, according to ICE data. The March contract was 28% higher at Eur114/MWh as of 0730 GMT.
Russia's military attacks in Ukraine are raising risks to flows of Russian gas to Europe. Western countries are also considering introducing new sanctions against Russia, which may impact the ability of Russian gas companies to trade with foreign customers.
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Earlier:
2022, February, 23, 13:10:00
NORD STREAM 2 PAUSE
Halting the certification process means the 55 Bcm/year pipeline -- which was completed in September -- will be unable to begin commercial operations.
2022, February, 22, 13:05:00
RUSSIA SANCTIONS: CONTINUATION
"To be clear: these measures are separate from and would be in addition to the swift and severe economic measures we have been preparing in coordination with Allies and partners should Russia further invade Ukraine," Psaki said.
2022, February, 21, 11:45:00
RUSSIAN GAS DELIVERIES: THE LOWEST
"What we've seen over the last six months is that Gazprom has delivered always at the lowest level," she told the Munich Security Conference.
2022, February, 18, 11:25:00
RUSSIAN GAS TO ITALY
"With regards to gas, Russia is respecting its contractual obligations and is ready to provide additional quantities if they are required,"
2022, February, 17, 13:55:00
EUROPEAN ENERGY TRANSITION & CRISIS
Russia sees the decision of the European Commission to classify nuclear energy and gas as clean energy sources as "important" and expects it to come into force in the next six months, Novak said.
2022, February, 16, 11:40:00
NORD STREAM 2 FOR EUROPE
The $11-billion pipeline, which has faced stiff opposition from the United States and some European states, was built last September across the Baltic Sea from Russia to Germany, but has been idle pending German and EU regulatory clearance.
2022, February, 16, 11:30:00
EUROPEAN GREENHOUSE GAS UP
Estimates by Eurostat showed emissions by business activity amounted to 881 million tonnes of CO2 equivalents, up 6% from the third quarter of 2020 when COVID-19 related restrictions had induced a sharp economic contraction.
