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Tag Archives: Gazprom

Ilham Aliyev Is Set To Visit Georgia

Ilham Aliyev

A governmental delegation of Azerbaijan led by country’s president Ilham Aliyev is set to visit Tbilisi on November 6. Georgian Prime Minister Irakli Garibashvili paid an unexpected visit to Baku this weekend and met with Ilham Aliyev. This trip was not announced earlier. Some politicians, experts and media representatives linked …

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Russia’s Gazprom Starts Gas Supply to Azerbaijan

Russia's Gazprom Starts Gas Supply to Azerbaijan

Russia’s Gazprom started supplying gas to Azerbaijan on September 29. The average volume of supplies totals about 6 mln cubic meters, says the information of Gazprom. Gas is supplied in accordance with the purchase-sale agreement signed for a five year period in September of this year with possible extension of …

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Gazprom Plans to Export Electricity to Georgia

Russia's Gazprom Starts Gas Supply to Azerbaijan

Gazprom, reduced the price of gas supplied  to  Armenia by 13%, received guarantees of exports of electricity generated by  Razdan thermal power station to  Iran and Georgia. In addition, the power plant received sales guarantees for generated power  in the country, although transmission lines  have not yet completed. Yesterday, Alexander …

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Gazprom’s Profit Grew by Approx. 50% in Past Six Months

gazprom

Russian state oil company Gazprom’s net profit has grown by approximately 50% in the past six months, amounting to 691 billion rubles, compared to the same period of 2014. Gazprom’s impressive profit boost can be observed in its latest financial report for June 2015. The rise in Gazprom’s revenue is partly …

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Ukraine to Stop Buying Russian Gas

Russia and Ukraine failed to reach a new agreement on gas prices at talks in Vienna on Tuesday, leading to Ukraine suspending its purchase of Russian gas. Russian Energy Minister Aleksandr Novak and Ukraine’s Energy and Coal Minister Vladimir Demchishin both admitted to reporters that the negotiations had born no …

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Why Does Putin Care Who Runs a Tiny Balkan Nation?

Why Does Putin Care Who Runs a Tiny Balkan Nation?

Russian leaders, whose conflict with Ukraine has seen them tussling with eastern Europe’s largest country, are now turning their gaze to a Balkan nation with fewer residents than Brooklyn.  There’s a common theme, though: gas pipelines. Macedonia, a statelet of 2 million people carved from the ruins of Yugoslavia, is struggling …

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Global Energy Policy Against Georgian Interests

Growing Perspectives of Shale Gas in the USA Inauguration of US liquid gas exports to Europe becomes more and more relevant to shrink Brussels’s dependence on Russian energy resources. US liquid gas export to Europe is considered a main leverage for maintaining the global security. At the end of 2013, only …

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Europe Is Expected to Bring Antitrust Charges Against Gazprom

European antitrust regulators are expected on Wednesday to charge the Russian energy giant Gazprom with abusing its dominance in natural gas markets, a move that could escalate Western tensions with Moscow. Heavily reliant on Russia for their energy needs but deeply suspicious of Moscow, some Eastern European countries have argued …

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EU: No New Funds for Ukraine to Cover its Gas Debt to Russia

The EU won’t provide any new funds for Ukraine to pay off its gas debt to Russia, and Moscow has no guarantees should Kiev use agreed funding elsewhere, said the EU Energy Commissioner’s spokeswoman Marlene Holzner. The European Commission is allocating €760 million ($954 million) of financial aid to Ukraine …

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