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Keyword: gazprom

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  • Gazprom Promises China a Supply of Natural Gas it Cannot Deliver

    10/18/2018 4:14:30 PM PDT · by DUMBGRUNT · 9 replies
    polygraph ^ | 17 Oct 2018 | Alexei Miller
    The deliveries promised in the deal depend on supplies from two natural gas deposits located in Siberia – the Chayanda oil and gas condensate field in Yakutia and the Kovykta gas condensate field in the Irkutsk Region. The two together have natural gas reserves of 4.1 trillion cubic meters, but neither has yet been developed. ...“a propaganda spin to justify the $70 billion price tag the state has splurged on” for construction of a pipeline to China. “Usually, the costs for similar state funded projects always overstretch the initial price tag,” ... Industry insiders say Gazprom doesn’t have the technology...
  • Court convicts Ukraine's former prime minister

    10/11/2011 4:54:34 AM PDT · by AnAmericanAbroad · 4 replies
    CNN International ^ | October 11, 2011 | Staff
    A Ukraine court has found former Prime Minister Yulia Tymoshenko guilty of abuse of authority for signing gas contracts with Russia and sentenced her Tuesday to seven years in prison. Authorities deployed hundreds of police officers around the court to keep order, state media reported. Dozens of angry Tymoshenko supporters took to the streets of Kiev in August when she was taken into custody. "Dear friends, I just want to say that I disagree with this verdict and I am saying that the year 1937 is back again," Tymoshenko said in the courtroom on Tuesday, making a reference to Josef...
  • Turkey’s Lira Currency Crumbles as Trump Turns the Screws After Erdogan Double-Cross

    08/13/2018 6:16:56 AM PDT · by Hojczyk · 34 replies
    Breitbart ^ | August 12,2018 | John J. Xenakis
    Trump met Erdogan at a Nato meeting early in June. Their discussions were very friendly, and after they ended, Trump thought they had made a deal: Trump would ask Israel’s prime minister Benjamin Netanyahu to release a Turkish citizen, Ebru Ozkan, arrested because of alleged terrorist links to Hamas, and then Turkey would release pastor Andrew Brunson, who was arrested in Turkey on October 2016 on charges of espionage, which the US considers are bogus charges. So on July 14, Trump called Netanyahu and requested that Ozkan be released, and she was released the next day. But Brunson was not...
  • Flashback: Europe plunged into energy crisis as Russia cuts off gas supply via Ukraine

    07/11/2018 10:55:31 AM PDT · by BradtotheBone · 11 replies
    Daily Mail ^ | 01:57 EDT, 7 January 2009 | Robert Lea
    Russia cut gas exports to Europe by 60 per cent today, plunging the continent into an energy crisis 'within hours' as a dispute with Ukraine escalated. This morning, gas companies in Ukraine said that Russia had completely cut off their supply. Six countries reported a complete shut-off of Russian gas shipped via Ukraine today, in a sharp escalation of a struggle over energy that threatens Europe as winter sets in. Bulgaria, Greece, Macedonia, Romania, Croatia and Turkey all reported a halt in gas shipments from Russia through Ukraine. Croatia said it was temporarily reducing supplies to industrial customers while Bulgaria...
  • He used to rule Germany. Now, he oversees Russian energy companies and lashes out at the U.S.

    07/11/2018 7:51:02 AM PDT · by CondoleezzaProtege · 12 replies
    Washington Post ^ | 2017 | Rick Noack
    For seven years, Gerhard Schröder was the leader of the most populous democracy in Western Europe. Schröder could have easily spent the rest of his career as an elder statesman, attending summits and writing books. Instead, Schröder — a friend of Vladimir Putin who has defended Moscow's top man as a “flawless democrat” — opted for a career in the Russian business world. His astonishing career in the Russian energy industry reached new heights when the former chancellor was nominated for a position as an independent director on the board of Rosneft, Russia's largest oil company — and one in...
  • Russia, South Korea Revive Talks To Build Gas Pipeline Via North Korea

    06/17/2018 10:41:10 PM PDT · by CondoleezzaProtege · 10 replies
    Oilprice.com ^ | June 2018 | Tsvetana Paraskova
    Russian gas giant Gazprom has resumed talks with South Korea over a decade-old idea to build a gas pipeline from Russia’s Far East to South Korea through North Korea, Vitaly Markelov, Deputy Chairman of Gazprom’s Management Committee, said on Friday. “To date, the political situation has been somewhat different, and the South Korean side has asked Gazprom to resume the project, and a series of talks has been held on this issue, and these talks are continuing." “The ideas behind the pipeline look very difficult to implement, especially given the complex political-military context continuing on the Korean peninsula, and the...
  • US about to slap disobedient European firms with sanctions over Russian gas project

    06/11/2018 12:54:11 PM PDT · by CondoleezzaProtege · 18 replies
    RT ^ | June 2018 | Jonathan Ernst
    The White House is on the verge of introducing penalties against companies engaged in the construction of the Nord Stream 2 gas pipeline, which will deliver Russian natural gas to the EU across the Baltic Sea. Apart from Russian state-owned energy giant Gazprom, the project is being undertaken by German energy firms Wintershall and Uniper, French multinational Engie, British-Dutch oil and gas giant Royal Dutch Shell, and Austrian energy company OMV. Initially, Gazprom's European partners were planning to become stakeholders in the Nord Stream 2 AG, which is registered in Switzerland. However, the Office of Competition and Consumer Protection, Poland’s...
  • Russia Just Won Big in the European Gas War

    05/29/2018 9:28:50 AM PDT · by CondoleezzaProtege · 12 replies
    OilPrice.com ^ | May 2018 | Tim Daiss
    Amid President Donald Trump’s push for American energy independence and thrust to wean Europe off of geopolitically charged Russian gas -- several European states, particularly Germany, have accused the president of playing energy geopolitics, cloaking American concern for European energy security under the guise and to the benefit of U.S. producers. Now, Trump and U.S. LNG exporters will have an even harder time convincing key EU members to offset overreliance on Russian piped gas. Last week, Gazprom, the world’s largest gas producer, and the European Commission resolved a seven-year anti-trust dispute after the Russian state-controlled energy giant agreed to change...
  • German $10 Billion Gas Bill Shows Perks of Close Russia Ties

    04/27/2018 1:30:48 AM PDT · by Trump20162020 · 8 replies
    Quint ^ | April 25, 2018 | Elena Mazneva
    Are Berlin’s close energy ties with Moscow paying off? Data from Russia’s Federal Customs Service shows they might be after Germany paid less for natural gas from the world’s largest exporter than most other buyers. Only the U.K., which produces most of its own gas, had lower import costs among the biggest offtakers, according to the figures obtained by Bloomberg and detailed in the chart below. Chancellor Angela Merkel has worked to strengthen the energy relationship with Russia, bucking U.S. pressure to punish Vladimir Putin’s interference in Syria and elections across the west. Germany has backed projects such as Gazprom...
  • It's time to go after Vladimir Putin's money in the West

    03/30/2018 2:20:16 PM PDT · by GoldenState_Rose · 46 replies
    Washington Post ^ | Mar 2018 | Anders Aslund
    Putin controls the Russia's state institutions, its secret police and its big state companies. Together with a few old friends from St. Petersburg, the president is tapping the big state companies through overpriced no-bid procurement, transfer pricing, asset stripping and stock manipulation. They are also making money by extorting old oligarchs and taking loans from state banks, not to be returned. Overall assessments indicate a personal enrichment of Putin and his closest cronies of some $20 billion to $25 billion a year since 2006, a pilfering from Gazprom of $60 billion from 2004 to 2007...By now, this group would have...
  • US examines Abramovich ties to Kremlin

    12/10/2006 4:38:10 PM PST · by Tailgunner Joe · 3 replies · 324+ views
    ft.com ^ | December 10 2006 | Stephanie Kirchgaessner in Washington and Neil Buckley in Moscow
    US authorities are to examine Roman Abramovich’s ties to the Kremlin as part of a national security review of a $2.3bn (£1.18bn) bid for Oregon Steel by a company controlled by the Russian billionaire. Experts in Washington say the US government panel that reviews foreign deals will scrutinise the proposed takeover, announced last month, more closely if Mr Abramovich is found to be acting with the backing of the Russian government. Mr Abramovich is believed to be close to Vladimir Putin, Russian president. The Russian steel company, Evraz, is controlled by Mr Abramovich and Alexander Abramov, group director. Evraz and...
  • Ukraine began to nationalize Russia's Gazprom assets

    03/07/2018 7:45:53 PM PST · by NorseViking · 25 replies
    The Ukrainian authorities began to seize assets of the Russian holding company Gazprom for allegedly failing to comply with the Stockholm Arbitration Order and violating the monopoly legislation of Ukraine. It happened following the comments of the Ukrainian Cabinet of Ministers. According to the court decision, the department of the state executive service intends to recover from Gazprom almost 172 billion hryvnia in favor of the state budget of Ukraine. "In this case, the identification and arrest of assets belonging to Gazprom in Ukraine began," it was reported. Among being seized the property of the companies Gazpromprom Ukraina and the...
  • New Czech PM Stands Firm Against Migrant Quotas: No Way Will Brussels Dictate Who Lives Here

    03/02/2018 11:31:08 AM PST · by Altura Ct. · 28 replies
    Breitbart ^ | 3/2/2018
    Andrej Babiš has said there is ‘no way’ the Czech Republic will agree to Brussels’ demand that the nation accept a quota of migrants from the third world. Speaking in the country’s parliament on Thursday, the recently elected Czech Prime Minister slammed the European Union’s (EU) mandatory quota scheme as “ineffective” and divisive. “It is certain that we will not accept anyone, and we are fundamentally against anyone dictating to us who should live and work in our country,” local media reported him saying. “We consider it absurd that the European Commission sues us for something that is nonsense,” Babiš...
  • Putin, in Defeat, Diverts Pipeline

    12/01/2014 7:35:35 PM PST · by Theoria · 76 replies
    The New York Times ^ | 01 Dec 2014 | ANDREW ROTH
    President Vladimir V. Putin said Monday that he would scrap Russia’s South Stream gas pipeline, a grandiose project that was once intended to establish the country’s dominance in southeastern Europe but instead fell victim to Russia’s increasingly toxic relationship with the West. It was a rare diplomatic defeat for Mr. Putin, who said Russia would redirect the pipeline to Turkey. He painted the failure to build the pipeline as a loss for Europe and blamed Brussels for its intransigence. The decision also seemed to be a rare victory for the European Union and the Obama administration, which have appeared largely...
  • Russia may give Greece pre-payment of profits from future gas pipeline project

    04/09/2015 9:44:10 AM PDT · by Lorianne · 9 replies
    CNBC/Reuters ^ | 08 April 2015
    Russia is considering soon giving Greece funds based on future profits Athens would earn from shipping Russian gas to Europe as part of an extension of the Turkish Stream gas pipeline project, a Greek government official said. Plans for the pipeline taking Russian gas from Turkey to Europe via Greece would be linked to lower Russian gas prices, the official added. Greece would pay back the Russian prepayment after the pipeline started operating, the official said.
  • EU to cut gas dependency on Russia with Israel pipeline

    04/03/2017 11:50:19 PM PDT · by Berlin_Freeper · 19 replies
    dw.com ^ | April 3, 2017 | uhe/nz (Reuters, AFP)
    Israel and several EU nations have pledged to move forward with a Mediterranean gas project, aiming to pump natural gas from Israel to Europe through the longest undersea pipeline ever built.
  • Israel and Turkey plan energy pipeline

    08/02/2006 11:04:15 AM PDT · by SunkenCiv · 12 replies · 403+ views
    Jerusalem Post ^ | May 11, 2006 | Etgar Lefkovits
    Turkey and Israel are negotiating the construction of a multi-million-dollar energy and water project that will transport water, electricity, natural gas and oil by pipelines to Israel, with the oil to be sent onward from Israel to the Far East, Antalya Mayor Menderes Turel said this week... "We are talking about a global energy project, which would be a very important engine of peace in the region," Turel said in an interview with The Jerusalem Post. Turel, who was here to take part in an International Conference of Mayors held in Jerusalem, said that the grandiose project had received tentative...
  • Russian, Turkish leaders celebrate booming trade

    01/11/2005 6:24:55 PM PST · by Tailgunner Joe · 1 replies · 298+ views
    AFP ^ | 01-11-2005
    MOSCOW (AFP) - Russian President Vladimir Putin and Turkish Prime Minister Recep Erdogan celebrated booming trade relations between the two Cold War foes during Kremlin talks in which the two struck new energy and military agreements. Putin -- who invited Erdogan for a private dinner at his lavish suburban Moscow estate Monday evening -- told the Turkish prime minister that economic ties were growing by the best possible scenario as old tension wanes. Erdogan, accompanied by a swarm of 600 businessmen, was paying a return visit to Moscow after Putin in December became the first Moscow leader to appear to...
  • Turkey and Russia vow to cooperate on energy

    05/17/2009 5:40:04 PM PDT · by Tailgunner Joe · 2 replies · 400+ views
    hurriyet.com.tr ^ | May 17, 2009
    ANKARA - Russian Prime Minister Vladimir Putin says Turkey and Russia have agreed to extend a contract on natural gas supplies. The current agreement is scheduled to end in 2012. A proposed new pipeline, Blue Stream 2 is expected to meet TurkeyÂ’s growing need for natural gas The prime ministers of Turkey and Russia agreed over the weekend to strengthen the countriesÂ’ energy cooperation and begin negotiations over the Blue Stream 2 natural-gas pipeline project. The announcement came Saturday at a televised joint press conference held by Prime Minister Recep Tayyip ErdoÄŸan and his Russian counterpart, Vladimir Putin, in the...
  • Do you think it is not related to the energy wars?

    07/01/2012 7:22:46 AM PDT · by a_Turk · 2 replies
    Hurriyet Daily News ^ | 6/30/2012 | MURAT YETKİN
    Russian energy giant Gazprom issued a brief statement on June 29 which actually touches on many political problems in the greater geography surrounding Turkey. It said that the company is ready to send more gas to Turkey if necessary, but from 2018 on Turkey could ask help from Azerbaijan as well. Reuters got it right when it called the statement a threat; a threat to both Turkey and Azerbaijan. The date the Russian company named, 2018, is the planned completion date for the TANAP (Trans-Anatolian) pipeline, which will carry Azerbaijani natural gas to Europe, a $7 billion project which was...