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The Latest Breaking News from Gazprom

Putin warns EU that gas supplies could keep dwindling

Russian President Vladimir Putin says the flow of Russian natural gas to the European customers has dwindled due to the West’s own fault and warned that it could continue ebbing

The Independent UK

Putin meets Raisi, Erdogan in Iran for talks overshadowed by war

The leaders of Iran, Russia and Turkey met in Tehran to discuss the conflict in Syria but with the turmoil caused by Russian President Vladimir Putin’s war in Ukraine far more in focus.

Tribune News Service

Explainer: What Putin wants from Iran and why Tehran might be cautious

A budding courtship between Russia and Iran is an unwelcome development for the West that the United States will watch with concern, but it falls well short of a geopolitical game changer.

Reuters

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EU expects Russian gas cutoff, to release winter energy plan

The European Union is set to propose energy cuts and savings as the 27-nation bloc expects Russian President Vladimir Putin to cut off vast natural gas supplies

The Independent UK

Exclusive: Russia likely to restart gas exports from Nord Stream 1 on schedule - Russian sources

Russian gas flows via the Nord Stream 1 pipeline are likely to restart on time on Thursday after the completion of scheduled maintenance but at lower than its full capacity, two Russian sources familiar with the export plans told Reuters.

Reuters

Iran and Russia's Gazprom sign primary deal for energy cooperation

The National Iranian Oil Company (NIOC) and Russian gas producer Gazprom signed on Tuesday a memorandum of understanding worth around $40 billion, Iran's oil ministry's news agency SHANA said.

Reuters

Russia defaults on LNG supplies to India

GAIL is now scouting for alternatives including tying up supplies from other sources in the U.S. and West Asia

The Hindu

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Eastbound Yamal Flows Rise, Russian Gas Flows Through Ukraine Steady

Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany rose on Tuesday while nominations for Russian gas flows into Slovakia from Ukraine via the Velke Kapusany border point remained steady, operator data showed. Exit flows at the Mallnow metering point on the German border stood at 4,527,661 kWh/h…

Asharq Al-Awsat

Costs of Ukraine war pose tests for European leaders – and things may get worse

Analysis: Vladimir Putin claims time is on his side, but he will have only one shot at making a gas cutoff count

The Guardian - UK

Germany again rejects Russian explanation for gas supply cut

The German government says a turbine at the center of uncertainty about future gas deliveries through a major pipeline from Russia to Europe was only supposed to be installed in September, underlining its insistence that there should be no technical obstacle to the gas flow

The Independent UK

Exclusive-Russia's Gazprom tells European buyers gas supply halt beyond its control

Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of "extraordinary" circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow's invasion of Ukraine.

Reuters

Canada sends repaired Nord Stream turbine to Germany - Kommersant

Canada sent a turbine for the Nord Stream gas pipeline to Germany by plane on July 17 after repair work had been completed, Kommersant newspaper reported on Monday, citing people familiar with the situation.

Reuters

Secret 'Putin's palace' with lap dancing and casino can be seen from Google Maps

Eagle-eyed Google Maps users can find the grand palace allegedly belonging to Russian President Vladimir Putin. The grand estate contains its own church, casino and lap dancing bar

Daily Mirror

‘Gas blackmail’: how Putin’s weaponised energy supplies are hurting Europe

After gas supplies through Nord Stream 1 stopped on Monday, European leaders plan for a future without Russian energy

The Guardian - UK

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AFP

Stocks tumble while euro dips below $1.00 on US inflation data

New York (AFP) - Global stocks fell Wednesday and the euro dipped below $1.00 for the first time in nearly 20 years after data showed a surge in US inflation last month, convincing investors that further increases in borrowing costs are on their way.

The Independent UK

Gazprom casts doubt on pipeline's quick return to full flow

Russia's Gazprom appeared to cast doubt Wednesday on the prospects of quickly restoring the flow of natural gas to full capacity through a major pipeline to western Europe

AFP

Stocks tumble, euro dips below $1.00 on US inflation data

London (AFP) - Global stocks fell Wednesday and the euro dipped below $1.00 for the first time in nearly 20 years after data showed a surge in US inflation last month, convincing investors that further increases in borrowing costs are on their way.

AFP

European stocks fall before key US inflation data

London (AFP) - European equities fell Wednesday with traders on edge before key June inflation data in the United States.

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AFP

Asian stocks, crude bounce from losses but recession fears linger

Hong Kong (AFP) - Asian stockswere mixed Wednesday as trader struggled to recover some of the losses suffered at the start of the week, while oil bounced from a rout, though recession alarms continue to ring loud.

AFP

Asian markets fluctuate as oil, euro struggle on recession fears

Hong Kong (AFP) - Asian markets fought Wednesday to recover some of the losses suffered at the start of the week as recession alarms continue to ring loud and oil struggled to erase the previous day's sharp drop owing to growing demand fears.

AFP

Euro drops to dollar parity as eurozone recession fears mount

New York (AFP) - The euro struck parity with the dollar for the first time in nearly 20 years on Tuesday as a cut in Russian gas supplies to Europe heightened fears of a recession in the eurozone.

Al Jazeera

German official says nuclear would do little to solve gas issue

Vice-Chancellor Robert Habeck says keeping nuclear reactors running would not solve problem of potential gas shortfall.

AFP

Euro strikes dollar parity as eurozone recession fears mount

London (AFP) - The euro struck parity with the dollar for the first time in nearly 20 years on Tuesday as a cut in Russian gas supplies to Europe heightened fears of a recession in the eurozone.

Asharq Al-Awsat

Eastward Gas Flows via Yamal-Europe Pipeline Edge Down

Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany edged lower on Tuesday morning, data from pipeline operator Gascade showed. Exit flows at the Mallnow metering point on the German border stood at around 3,400,000 kWh/h early on Tuesday, down from around 4,800,000 kWh/h the previous day. Physical…

Reuters

Ukrainian rockets hit Russian-held area as Kyiv readies southern counter-attack

Ukraine said on Tuesday it had carried out a long-range rocket strike against Russian forces and military equipment in southern Ukraine, territory it says it is planning to retake in a counter-offensive using hundreds of thousands of troops.

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