gazprom

China, Natural gas June 9, 2017

China refused to sign new gas contracts with Russia

China has decided to stop purchasing Russian gas: signing of a new agreement between Gazprom and China National Petroleum Corporation (CNPC) has been postponed for an indefinite period.

Court, Natural gas, Ukraine June 2, 2017

Ukraine wins multi-billion Stockholm court case against Gazprom

Arbitration court in Stockholm abolished Gazprom’s demands for Ukrainian oil and gas company Naftogaz over the contact with the condition “take or pay”.

Court, Natural gas, Ukraine May 17, 2017

Ukraine will start arresting Gazprom’s assets

The State Executive Service of Ukraine opened a proceeding to recover the fine imposed by the Anti-Monopoly Committee of Ukraine (AMCU) in the amount of UAH 172 billion ($6.5 billion – RRT) from Gazprom, and to seize the company’s assets…

Finance, Natural gas May 16, 2017

Half of Gazprom’s profit is a fiction

The financial situation of Gazprom continues to worsen amid falling gas prices, record low production, and steadily increasing costs.

Georgia, Natural gas April 12, 2017

Georgia will stop getting natural gas from Russia by the end of 2017

According to Energy Minister of Georgia Kakha Kaladze, his country will stop receiving natural gas from Gazprom by the end of 2017, and switch to the natural gas imported from Azerbaijan.

Europe, Natural gas March 15, 2017

Russia throws in the towel in gas dispute with EU

The dispute over gas prices between Russia and the European Union that lasted for more than 4 years has ended with the capitulation of Gazprom.

Crisis, Finance, Natural gas December 21, 2016

Cash flow of Gazprom has fallen to zero

According to CFO of Gazprom Andrei Kruglov, financial results of the company by the results of 2016 will be worse than expected.

Crimea, Economy, Media, Sanctions, Ukraine, USA September 1, 2016

US Treasury introduced sanctions against Gazprom Media

The U.S. Department of the Treasury included Gazprom-Media holding in the sanctions list.

Natural gas, Poland August 13, 2016

Poland might stop buying gas from Russia

In the future, Polish state gas company PGNiG may stop buying gas from Russia’s Gazprom as a result of the diversification of supply sources.

Crisis, Economy, Natural gas August 5, 2016

Gazprom’s profit got 19 times smaller in one year

Bad things have been happening with Russian gas company Gazprom recently: the profit of the the largest enterprise in the country got almost 19 times smaller in just 1 year.

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