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Moldova has saved $553 million by buying gas from Russian gas giant Gazprom between November 2021 and November 2022, Vadim Ceban, the head of Moldovan gas company Moldovagaz, said on Tuesday.
The United States intends to kill Russia’s Arctic LNG 2 project through sanctions coordinated with the Group of Seven (G7) partners and others, US Assistant Secretary of State for Energy Resources Geoffrey Pyatt said on Wednesday.
The volume of the global LNG market will reach 750 billion cubic meters to 800 billion cubic meters by 2030, Russian energy company Novatek CEO Leonid Mikhelson said on Friday.
The Russian fuel and energy industry is working very well, is protected from external shocks and retains key positions in this sphere despite all sanctions, Russian President Vladimir Putin said on Monday.
The European Union has increased imports of Russian liquefied natural gas (LNG) to 10.8 billion cubic meters (bcm) from January to June 2023, compared to 2022, when the bloc procured 19.3 bcm of Russian LNG for the whole year, Tim McPhie, the European Commission's spokesman for climate action and energy, said on Thursday.