Ukraine Switches From Russian To U.S. Gas
1 day, 9 hours ago

Ukraine Switches From Russian To U.S. Gas

Huff Post  

LOADING ERROR LOADING The new year is bringing a seismic shift for war-torn Ukraine’s energy systems. “The next administration will be even more supportive of the investment into the gas industry, the transportation of gas, and building new LNG production terminals,” Dmytro Sakharuk, DTEK’s executive director, told HuffPost via a Zoom call from Kyiv last week. A neighbor watches flames flare from the Venture Global LNG's Calcasieu Pass liquefied natural gas export facility next to his oceanside property in Cameron, La., on Friday, April 1, 2022. via Associated Press Last January, the Biden administration paused federal permitting approvals for new LNG terminals as the Department of Energy completed a study examining the economic and environmental effects of the export boom. American industry would also end up paying $125 billion more for energy, Granholm said, “leading to additional potential price increases for a wide range of consumer goods.” Urging Congress and federal regulators to limit LNG exports, the Industrial Energy Consumers of America, a trade association representing U.S. manufacturers, pointed out how large a share of U.S. gas output is destined for overseas compared to other fossil fuel production. “Consumers are completely exposed.” Ukraine’s bid to become a new distributor of imported American natural gas isn’t just about cementing ties with the U.S.

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History of this topic

Ukraine ends Russian gas pipeline to Europe – but how much will it cost Moscow?
4 days, 21 hours ago

Ukraine ends Russian gas pipeline to Europe – but how much will it cost Moscow?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Russia is losing markets and will incur financial losses.” …

Ukraine ends Russian gas pipeline to Europe – but how much will it cost Moscow?
6 days ago

Ukraine ends Russian gas pipeline to Europe – but how much will it cost Moscow?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Russia is losing markets and will incur financial losses.” …

Ukraine stops flow of Russian natural gas passing through to buyers in Europe
1 week ago

Ukraine stops flow of Russian natural gas passing through to buyers in Europe

NPR  

Ukraine stops flow of Russian natural gas passing through to buyers in Europe A look at why Ukraine has halted the flow of Russian gas to Europe, and the repercussions of the move for Russia. LEILA FADEL, HOST: Ukraine has halted the flow of Russian natural gas that had been passing through Ukrainian pipelines to buyers in Europe. BRIAN MANN, …

Ukraine is right to turn off the flow of Russian gas – whatever the cost
Trending News
1 week ago

Ukraine is right to turn off the flow of Russian gas – whatever the cost

The Independent  

The first day of the new year came with bad tidings for energy consumers, both in Britain and across Europe. On the other side of Europe, Ukraine ended the transit of Russian gas across its territory, forcing several EU countries to turn to imports of more expensive liquefied natural gas. Ukraine’s decision not to renew transit arrangements that have been …

Ukraine halts Russian gas supplies to Europe after transit deal expires
Top News
1 week ago

Ukraine halts Russian gas supplies to Europe after transit deal expires

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ukraine has halted Russian gas …

Ukraine halts transit of Russian gas to Europe after a prewar deal expired
Top News
1 week ago

Ukraine halts transit of Russian gas to Europe after a prewar deal expired

The Hindu  

Ukraine on Wednesday halted Russian gas supplies to European customers that pass through the country, almost three years into Moscow’s all-out invasion of its neighbor, after a prewar transit deal expired. Europe has already decided to phase out Russian gas, and aligns with what Ukraine has done today,” Mr. Galushchenko said in an update on the Telegram messaging app. Russia’s …

Ukraine halts transit of Russian gas to Europe after a prewar deal expired
Trending News
1 week ago

Ukraine halts transit of Russian gas to Europe after a prewar deal expired

Associated Press  

KYIV, Ukraine — Ukraine on Wednesday halted Russian gas supplies to European customers that pass through the country, almost three years into Moscow’s all-out invasion of its neighbor, after a prewar transit deal expired. Europe has already decided to phase out Russian gas, and aligns with what Ukraine has done today,” Halushchenko said in an update on the Telegram messaging …

Russian gas flows to Europe via Ukraine drop to zero on Jan 1
Trending News
1 week, 1 day ago

Russian gas flows to Europe via Ukraine drop to zero on Jan 1

Deccan Chronicle  

Russian gas is not scheduled to flow via Ukraine to Europe on January 1, data from Ukraine's gas pipeline operator showed Tuesday, as a key transit deal between Moscow and Kyiv nears its end.Ukraine has been allowing Russia to pipe gas to Europe via its territory under a five-year deal signed in 2019, but Ukrainian President Volodymyr Zelensky has ruled …

Ukraine ends supply of Russian gas to Europe
1 week, 1 day ago

Ukraine ends supply of Russian gas to Europe

CNN  

Kyiv/London CNN — Ukraine has made good on its promise to halt the transport of Russian gas to Europe through its territory after a key deal with Moscow expired on Wednesday. Ukraine’s energy ministry said it ended the deal “in the interests of national security.” “We have stopped the transit of Russian gas. Ukrainian President Volodymyr Zelensky called the move …

EXPLAINER: Why is natural gas still flowing from Russia to Europe across Ukraine?
4 months, 3 weeks ago

EXPLAINER: Why is natural gas still flowing from Russia to Europe across Ukraine?

Associated Press  

FRANKFURT, Germany — It’s one of the more improbable aspects of Russia’s invasion of Ukraine: Even after 2 1/2 years of war and repeated rounds of sanctions, Russian natural gas keeps flowing through Ukraine’s pipeline network to customers in Europe. That hasn’t changed despite Ukraine apparently taking control of a gas measuring station near the Russian town of Sudzha as …

EXPLAINER: Why is natural gas still flowing from Russia to Europe across Ukraine?
4 months, 3 weeks ago

EXPLAINER: Why is natural gas still flowing from Russia to Europe across Ukraine?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy It's one of the more …

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop
5 months ago

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Once a global ideal, Germany's economy struggles with an energy shock that's exposing longtime flaws
1 year, 3 months ago

Once a global ideal, Germany's economy struggles with an energy shock that's exposing longtime flaws

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Germany risks “deindustrialization” as high energy costs and government …

German energy boss warns: Don’t let guard down on gas supply
1 year, 10 months ago

German energy boss warns: Don’t let guard down on gas supply

Associated Press  

BONN, Germany — The temperature outside Klaus Mueller’s office almost resembles spring, exactly the kind of mild weather that helped Germany get through the winter without Russian natural gas. Mueller would only concede that he’s “optimistic” this winter will end without a further gas crunch, especially after Germany cut gas use by 14% in 2022 through lowering thermostats, switching to …

Ukraine war expected to cost Germany 160 billion euros by the end of 2023
1 year, 10 months ago

Ukraine war expected to cost Germany 160 billion euros by the end of 2023

Hindustan Times  

The Ukraine war will have cost the German economy around 160 billion euros, or some 4% of its gross domestic output, in lost value creation by the end of the year, the head of the German Chambers of Industry and Commerce said. That means GDP per capita in Europe's largest economy will be 2,000 euros lower it would otherwise have …

Moscow’s decades-old gas ties with Europe lie in ruins
1 year, 10 months ago

Moscow’s decades-old gas ties with Europe lie in ruins

Live Mint  

Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravages of military conflict. After President Vladimir Putin's "special military operation" in Ukraine began almost a year ago, a combination of Western sanctions and Russia's decision to cut supplies to Europe drastically reduced the country's energy exports. …

German regulator: winter gas shortage increasingly unlikely
2 years ago

German regulator: winter gas shortage increasingly unlikely

Associated Press  

BERLIN — Germany’s network regulator said Thursday that a gas shortage is “increasingly unlikely” this winter, but cautioned that it remains important to use the fuel sparingly. The Federal Network Agency said in its daily report that it views the situation as “less tight than at the beginning of the winter.” It had described the situation as “tight” since Russia …

German leader focuses on energy, Ukraine in new year message
2 years ago

German leader focuses on energy, Ukraine in new year message

Associated Press  

BERLIN — Chancellor Olaf Scholz is celebrating Germany’s progress in freeing itself from reliance on Russian gas, urging people to keep saving energy in the new year and vowing to keep up help for Ukraine. Scholz’s televised new year message, the text of which was released by his office before its broadcast Saturday, focused squarely on the effects of Russia’s …

Europe needs clear-eyed view of US moves
2 years ago

Europe needs clear-eyed view of US moves

China Daily  

A vehicle passes the building of the European Commission in Brussels, Belgium, Oct 18, 2022. The natural gas price in Europe once hit nearly €350 per megawatt-hour since the Russia-Ukraine conflict broke out. European energy ministers agreed on Dec 19 to impose a price cap if prices in the European Union's main trading centers remained above €180 per megawatt-hour for …

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next
2 years ago

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next

Firstpost  

Russia shifted its strategy to attrition, specifically targeting energy infrastructure, after failing to force a quick, decisive victory against Ukraine Not since the 1970s oil crisis has the West seen such a focus on energy security. Vladimir Putin’s regime had been using selective gas supply cuts as a pressure tool against Ukraine since at least the winter of 2005-06, when …

Which European nations are handling the energy crisis best?
2 years ago

Which European nations are handling the energy crisis best?

Al Jazeera  

France, Spain, Germany, Italy and Greece are doing some things right, but face challenging times ahead, say experts. An uneven risk Russia accounted for nearly half of Europe’s total natural gas imports in 2021, but some countries were always going to be more vulnerable than others. Challenges ahead Germany recently announced a new 200 billion euro package to deal with …

EU ministers fail again on gas price cap to contain costs
2 years ago

EU ministers fail again on gas price cap to contain costs

Associated Press  

BRUSSELS — European Union energy ministers failed yet again to overcome their deep differences Tuesday on a natural gas price cap that many hope would make utility bills cheaper so people can stay a little warmer during harsh winter days — if not this year, then later. One side is demanding a cap to push down gas prices for households …

US to boost natural gas exports to UK in energy partnership
2 years, 1 month ago

US to boost natural gas exports to UK in energy partnership

Associated Press  

WASHINGTON — The United States will increase exports of liquefied natural gas to Britain under a new agreement calling for the two countries to work together to boost energy security and drive down prices following Russia’s invasion of Ukraine. President Joe Biden and British Prime Minister Rishi Sunak announced the agreement Wednesday as part of a larger effort to reduce …

Investors see shift in Europe’s fortunes
2 years, 1 month ago

Investors see shift in Europe’s fortunes

Live Mint  

Investors are turning somewhat more positive on Europe, spurring a recovery in the region’s beaten-down stocks. Meanwhile, benchmark U.S. yields and the dollar have declined in recent weeks, helping lift riskier assets worldwide, as investors anticipate a slowdown in the Federal Reserve’s campaign to raise interest rates. Natural-gas prices have stabilized as Europe’s gas storage has risen above 95% due …

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report
2 years, 1 month ago

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report

Hindustan Times  

The European Union witnessed a 42 percent increase in the imports of Russian Liquefied Natural Gas between January-October, compared to the same period last year, Financial Times reported. The report said that EU has imported 62.1 billion cubic meters of natural gas this year compared to 17.8 billion cubic meters last year. This comes as Lithuanian Foreign Minister Gabrielius Landsbergis …

EU nations fail to close rift on gas prices as cold sets in
2 years, 1 month ago

EU nations fail to close rift on gas prices as cold sets in

Associated Press  

BRUSSELS — On winter’s doorstep, European Union nations again failed to bridge bitter disagreements over a natural gas price cap Thursday as they struggle to effectively shield 450 million citizens from massive increases in their utility bills. “The discussion was quite heated, and you all know that there are very divergent views,” said Czech Industry Minister Jozef Síkela, who chaired …

European Central Bank: Recession ‘has become more likely’
2 years, 1 month ago

European Central Bank: Recession ‘has become more likely’

Associated Press  

FRANKFURT, Germany — The European Central Bank sees an increased likelihood of a recession in the 19 countries that use the euro currency, warning that soaring energy prices and high inflation fed by Russia’s war in Ukraine have raised risks for bank losses and turmoil on financial markets. As the bank released its twice-yearly assessment of eurozone financial stability on …

Gas crunch eases in Europe — but the respite might not last
2 years, 2 months ago

Gas crunch eases in Europe — but the respite might not last

Associated Press  

FRANKFURT, Germany — Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. The good news is natural gas prices on Europe’s TTF benchmark fell on Monday below 100 euros per megawatt-hour for the …

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18
2 years, 2 months ago

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18

News 18  

The Russia-Ukraine conflict, euphemistically called a “special military operation” by Russia when it launched the offensive, more than seven months ago was not expected to last more than a few days or weeks. Despite alarm bells from a January 2009 crisis that led to the disruption of Russian gas transiting through Ukraine for two weeks, and Russia’s annexation of Crimea …

Putin offers to boost gas supplies to Europe via Nord Stream 2
2 years, 2 months ago

Putin offers to boost gas supplies to Europe via Nord Stream 2

Al Jazeera  

Russian leader says mothballed pipeline can ferry energy exports west if it is proven safe following a spate of recent explosions. Russian President Vladimir Putin has said Moscow is ready to resume gas supplies to the European Union via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea – an offer quickly rejected by Berlin. The …

Inflation hits record 10% in 19 European Union countries
2 years, 3 months ago

Inflation hits record 10% in 19 European Union countries

The Hindu  

Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe's major economies as higher prices undermine consumers' spending power. The European Central Bank is raising interest rates to combat inflation by keeping higher prices from being baked into …

Inflation hits record 10% in 19 EU countries using euro
2 years, 3 months ago

Inflation hits record 10% in 19 EU countries using euro

Associated Press  

FRANKFURT, Germany — Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe’s major economies as higher prices undermine consumers’ spending power. The European Central Bank is raising interest rates to combat inflation by keeping higher prices from …

The war in Ukraine has reshaped the world’s fuel markets
2 years, 3 months ago

The war in Ukraine has reshaped the world’s fuel markets

The Economist  

Briefing | Docks, stocks and many floating barrels The war in Ukraine has reshaped the world’s fuel markets The Gulf will be a big winner I n 2017 Qatar lifted a 12-year ban on developing the world’s biggest natural-gas field, most of which lies under the waters of the Persian Gulf. The pivot to Asia Russia, seaborne crude-oil exports, barrels …

EU nations struggle to find joint approach on energy prices
2 years, 3 months ago

EU nations struggle to find joint approach on energy prices

Associated Press  

BRUSSELS — European Union nations struggled to find full consensus Friday on ways to shield the population from dramatically increasing energy prices that threaten to plunge millions into cold and poverty over the winter as Russia chokes off natural gas supplies. While EU members are most interested in lowering prices and getting enough gas, “the commission aimed at limiting Russia’s …

EXPLAINER: Europe struggles to cope with Russia gas shutoffs
2 years, 3 months ago

EXPLAINER: Europe struggles to cope with Russia gas shutoffs

Associated Press  

FRANKFURT, Germany — Europe is facing an energy crisis that is squeezing ordinary people’s finances and in just a few weeks could mushroom into rolling blackouts and factory shutdowns. Here is the latest on Europe’s efforts to avoid a total energy disaster: DID RUSSIA CUT OFF GAS TO EUROPE? There’s still some Russian gas flowing to Europe through a pipeline …

EU wants price cap on Russian gas, energy companies to pay
2 years, 4 months ago

EU wants price cap on Russian gas, energy companies to pay

Associated Press  

BRUSSELS — European Union countries should set a price cap on Russian natural gas and seek a “solidarity contribution” from European oil and gas companies making extraordinary profits as the war in Ukraine drives up energy costs, European Commission President Ursula von der Leyen said Wednesday. “We are facing an extraordinary situation, because Russia is an unreliable supplier but also …

Explained: Europe's looming energy crisis as Russia chokes gas supply
2 years, 4 months ago

Explained: Europe's looming energy crisis as Russia chokes gas supply

Firstpost  

With the halt in the Nord Stream 1 pipeline, Russian gas shipments have fallen 89 per cent from a year ago. Russia used to supply 40 per cent of Europe’s natural gas, and even more to Germany, where inexpensive energy was a pillar of the economy. There’s still some Russian gas flowing to Europe through a pipeline passing through Ukraine …

EU plans to cap Russian gas price as Putin issues warning
2 years, 4 months ago

EU plans to cap Russian gas price as Putin issues warning

Al Jazeera  

‘We must cut Russia’s revenues which Putin uses to finance this atrocious war in Ukraine,’ European Commission President Ursula von der Leyen told reporters on Wednesday. The European Union has proposed a price cap on Russian gas just as Russia’s President Vladimir Putin warned that such a move would cause Moscow to cut off all energy supplies. “We will propose …

Power firms fear new spike as European nations announce raft of measures
2 years, 4 months ago

Power firms fear new spike as European nations announce raft of measures

Daily Mail  

British energy producers are bracing for a huge rise in wholesale prices as governments across Europe rushed to announce a raft of measures to relieve the pressure on households. It comes amid grim predictions gas prices could surge by as much as 50 per cent today after a last-minute decision by Russia’s state-backed energy firm Gazprom to block the reopening …

EU’s top executive backs price cap on Russian pipeline gas
2 years, 4 months ago

EU’s top executive backs price cap on Russian pipeline gas

Associated Press  

BRUSSELS — The European Union’s top executive said Friday that the bloc’s electricity market “is no longer operating” amid the Ukraine war, and proposed a price cap on Russian pipeline gas. European Commission President Ursula von der Leyen blamed Russian President Vladimir Putin’s war against Ukraine for the energy crisis and the dramatic rise in gas and electricity prices. “We …

Europe braces for Russia gas disruption this week
2 years, 4 months ago

Europe braces for Russia gas disruption this week

Live Mint  

Russia will shut its key Nord Stream natural-gas pipeline Wednesday for maintenance, leaving Europe guessing again about whether supplies will restart, as temperatures fall and demand for the fuel grows. Even if Nord Stream reopens Saturday as promised by Russian gas giant Gazprom PJSC, few Western politicians and economists think Europe will receive enough Russian natural gas next year because …

Europe Set Itself Up for This Energy Crisis
2 years, 4 months ago

Europe Set Itself Up for This Energy Crisis

Wired  

Vacations in many German cities are a little different this summer. Yet at the same time as Germany rations its energy use ahead of a tricky winter, it continues to let gas flow through the country to others elsewhere in Europe. It’s the result of a Europe-wide initiative, first triggered in 1996 and strengthened in 2003 and 2009, that was …

Germans face higher bills as tax aids natural gas importers
2 years, 4 months ago

Germans face higher bills as tax aids natural gas importers

Associated Press  

BERLIN — Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine. The gas tax will raise money to compensate importers of Russian gas whose contracts with city utilities do not permit them …

Germans face higher bills as tax aids natural gas importers
2 years, 4 months ago

Germans face higher bills as tax aids natural gas importers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

UK faces periods of ‘tight’ electricity supply this winter amid Russia war in Ukraine
2 years, 5 months ago

UK faces periods of ‘tight’ electricity supply this winter amid Russia war in Ukraine

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Electricity supplies could be “tight” during parts of the winter …

EU agrees to cut natural gas use amid Russian supply fears
2 years, 5 months ago

EU agrees to cut natural gas use amid Russian supply fears

Associated Press  

BRUSSELS — European Union governments agreed Tuesday to reduce consumption of natural gas this winter to protect themselves against any further supply cuts by Russia amid its invasion of Ukraine, although the measure contains exemptions for some countries. The energy ministers approved the compromise legislation a day after Russian energy corporation Gazprom said it would cut gas flows through the …

EXPLAINER: Can Europe live without Russian natural gas?
2 years, 5 months ago

EXPLAINER: Can Europe live without Russian natural gas?

Associated Press  

BERLIN — Europe is in an energy crisis, and it means countries will struggle to keep homes warm and industry humming this winter. That is because Russia has slashed Europe’s flows of natural gas, used to power factories, generate electricity and heat homes in the winter. It is the major European natural gas pipeline that runs under the Baltic Sea …

German government agrees on bailout for energy supplier
2 years, 5 months ago

German government agrees on bailout for energy supplier

Associated Press  

BERLIN — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday. That is a very, very big chunk, so it’s clear you can imagine that there would have been practically no …

Key Russia-Europe gas pipeline reopens but outlook unclear
2 years, 5 months ago

Key Russia-Europe gas pipeline reopens but outlook unclear

The Hindu  

Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance — but the gas flow remained well short of full capacity and the outlook was uncertain, which leaves Europe still facing the prospect of a hard winter. “We must save more to get through the next two winters well.” Russia’s …

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