Tag Archives: Russian economy

Russia’s Ministry of Defense on Saturday made an explicit accusation against British naval personnel over their involvement in last month’s Nord Stream 1 gas pipeline bombings. Russia has not provided any evidence for its claim that a prominent member of NATO – such as Britain – has contributed to sabotaging …

On Thursday, the Russian Foreign Ministry said it was “inconceivable” that the investigation of cracks in the Nord Stream 1 and 2 gas pipelines would be carried out without Russia’s participation. Foreign Ministry spokeswoman Maria Zakharova said the West had deliberately created obstacles to the investigation and said excluding Russia …

A Kremlin spokesman said on Thursday that the decision of the OPEC + group of major oil producers to cut production by two million barrels per day aims to stabilize the market. Spokesman Dmitry Peskov stated that by agreeing to the production cut, OPEC+ confirmed its credibility as an organization …

A Swedish Coast Guard spokeswoman said the coast guard discovered a fourth gas leak from the Nord Stream pipeline earlier this week. The European Union suspects that there is an act of sabotage behind the gas leakage from Russian pipelines that extend under the sea to Europe and has promised …

The Kremlin said on Tuesday it did not rule out sabotage as a cause of damage to the Nord Stream pipeline network built by Russia in the Baltic Sea. The pipeline operator said on Tuesday that three offshore lines had suffered “unprecedented” damage in a single day. Asked if sabotage …

The Hungarian Foreign Minister said Friday that he met his Russian counterpart Sergei Lavrov in New York, where they discussed gas supplies and the construction of the Pax nuclear reactor being built by Russia’s Rosatom. Foreign Minister Peter Szijjarto said in a Facebook video after the meeting, which took place …

Operational data showed Russian gas supplies to Europe through Ukraine were stable on Tuesday morning, while gas flow through the Nord Stream 1 pipeline remained at zero. Ukraine’s transport system data showed that Russian gas flows to Slovakia from Ukraine through the Veleke Kapusani border point amounted to 36.9 million …

There is no alternative to Russian gas for Europe, said Oleg Aksyutin, executive vice president of the Russian energy giant Gazprom on Thursday. He added in a press conference that no significant additional supplies of liquefied natural gas can be expected in the foreseeable future. These comments don’t seem to …

Russian President Vladimir Putin warned on Wednesday of a looming global food crisis. He said he would discuss amending a grain export deal with Ukraine to limit countries receiving shipments. Speaking at an economic forum in the eastern city of Vladivostok, Putin said that Moscow had done everything in its …

Russia’s Gazprom said on Tuesday it had signed an agreement to transfer payments for Russian gas supplies to China into yuan and rubles instead of dollars. Gazprom CEO Alexey Miller said allowing payments in Russian rubles and Chinese yuan would mutually benefit Gazprom and CNPC and set an example for …