Russian gas

Putin arrives in China for Xi talks with gas project on agenda

The price gap between east and west shows how China is proving to be less lucrative than its former trading relationship with Europe.

Russia sees China buying gas at discount to Europe through 2029

“I think this could easily be done within 12 months, maybe within six months,” says US Secretary of Energy Chris Wright of how quickly the EU could phase out Russian gas.

EU could quit Russian gas within a year, US energy chief says

Trump has put an additional 25% tariffs on goods coming into the US from India in response to the country’s buying of Russian oil.

Russian gas sales to China would not harm US, energy secretary says

A view of the Lakhta Centre, the headquarters of energy giant Gazprom, in St Petersburg, Russia. The company will lose close to US$5 billion in gas sales after the transit deal with Ukraine was cut.

Russian gas era in Europe ends as Ukraine stops transit

The US has become Europe’s top supplier of the liquefied fuel, in part due to new facilities built to offload LNG.

Europe can’t seem to kick its Russian energy habit

Russia’s Gazprom reported a net loss of US$7.1 billion in 2023, its first annual loss in more than 20 years.

Russia says rejecting its gas will have cost Europe 1 trillion euros by end-2024

Contrary to analysts’ expectations, the Russian economy has not collapsed as a result of Western sanctions. One reason is that demand for Russian exports – particularly oil and gas – remains strong.

Sanctioning China will work no better than sanctioning Russia

Measures in the new package include cutting the electricity tax to the minimum level and raising and extending for five years the compensation received by 350 firms that compete internationally and are most at risk of relocating.

Germany reaches deal on electricity price support for industry