Next year, the EU has committed to finance projects worth 168.7 billion euros ($186.8 billion), of which 21% will go to measures to fight climate change.

Norway's preliminary production figures for October 2019 show an average daily production of 1 828 000 barrels of oil, NGL and condensate, ,which is an increase of 264 000 barrels per day compared to September.

Putin said Ukraine still had work to do to align its gas regulatory landscape with that of Europe, questioning whether Kiev would be able to achieve this in time. "That is not up to us," he said. "Therefore, the risk of termination of transit exists."

Brent was down 43 cents at $61.85 a barrel , WTI slipped 22 cents to $56.55 a barrel.

"The law implements a European compromise, in which we, together with France and the Commission and other member states played a major role," Altmaier said.

The timeline for work to lay the section of pipeline in Danish waters will be key to when Nord Stream 2 is able to begin flowing gas, with wider implications for the European gas market -- including whether Russia's Gazprom agrees a new transit deal with Ukraine's Naftogaz.

EDF said total output since the start of the year stood at 317.3 TWh, down 1.3% compared with the same period a year ago.

Poland's antitrust authority, the Office of Competition and Consumer Protection (UOKiK), said Friday it had imposed a fine on France's Engie of Zloty 172 million ($44.5 million) for its failure to provide the watchdog with documents regarding its agreements with Gazprom aboutfinancing the Nord Stream 2 gas pipeline.

Alexey Miller pointed out that a number of strategic issues need to be resolved prior to the signing of a new transit contract.

Poland sees Nord Stream 2, which would double Russia’s gas export capacity via the Baltic Sea, as a threat to Europe’s energy security and argues it will strengthen Gazprom’s already dominant position on the market.

China and France today reaffirmed their commitment to the Paris Agreement and called for worldwide action on combating climate change and halting the loss of biodiversity.

Gazprom has offered to Naftogaz the chance to start over with a clean slate provided all legal disputes were dropped. "There are known cases in international practice when disputes between companies were settled out of court, and we are offering a zero option whereby all court proceedings would cease, all lawsuits would be withdrawn, and we would draw a line under this whole affair," Miller said last month.

Россия является многолетним и стабильным партнером Венгрии в энергетической сфере, традиционно надежно выполняет принятые на себя контрактные обязательства перед венгерскими партнерами в части поставок энергетических ресурсов, подчеркнул Александр Новак по итогам встречи.

In 2019, Gazprom exported an estimated 9.3 billion cubic meters of gas to Hungary from the year’s beginning through October 29, and that is already a 22 per cent increase compared with the total gas supplies to Hungary recorded in 2018.

The Government Pension Fund Global returned 1.6 percent, or 236 billion kroner, in the third quarter of 2019.