The Latest Breaking News from Gazprom

The European Union told member states on Wednesday to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be reduced further and might even stop.

European Union Commissioners are putting the finishing touches to a drastic plan to make sure that any Russian cutoff of natural gas supplies to the bloc will not disrupt industries and send an additional chill through homes next winter

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.

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.

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

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…

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

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

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.