The first 90 million barrels will be released between May and July, through two notices of sale totaling 70 million barrels, and 20 million barrels already scheduled to be released in May 2022.

Russian President Vladimir Putin signed an order March 31 prohibiting supply of Russian gas to countries that have imposed sanctions against Moscow if they refuse to pay for imports in rubles.

We imported from Russia just 0.419 million mt in the April-December period of the current fiscal year 2021-22 (April-March). That is just 0.2% of the total requirement.

"The change in the procedure for settlements is introduced due to the fact that, in violation of international law, the foreign exchange reserves of the Bank of Russia were frozen by the EU member states," the Kremlin said.

CNOOC has a 10% stake in the 19.8 million mt/year Arctic LNG 2 project, which is also its solo asset in Russia.

"Japan has a stake in Sakhalin 2, which is contributing to securing long-term, stable and low-priced supply of LNG. It is an extremely important project for Japan's energy security," Kishida told parliament.

U.S. commercial crude oil inventories decreased by 3.4 million barrels from the previous week to 409.9 million barrels.

Russian gas deliveries to Europe on three key pipeline routes were broadly steady on Wednesday morning

Crude oil exported from countries including Kazakhstan, Azerbaijan, and Turkmenistan moves through Russia’s energy export infrastructure.

Croatia and Slovenia have decided to strengthen their energy cooperation, especially in the field of gas and nuclear power.

Russian gas deliveries to Europe on three main pipeline routes were stable on Monday morning, with the Yamal-Europe pipeline continuing to flow eastwards from Germany into Poland.

Following a meeting with European Commission President Ursula von der Leyen in Brussels, President Joe Biden announced a new task force between the US and EU with a "joint game plan" to quickly reduce Europe's dependence on Russian gas

Japan's Sakhalin Oil and Gas Development (SODECO) owns a 30% stake in the Sakhalin-1 project from which Exxon has said it would exit. Japex owns 15.285% in SODECO.

U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week to 413.4 million barrels.

«Ключевым проектом сотрудничества двух стран в сфере энергетики является «Пакистанский поток». Российская сторона рассчитывает на подписание соглашения об оказании содействия проекту Правительством Пакистана и акционерного соглашения в ближайшее время», - сказал Николай Шульгинов.