lng
An arbitration court in St. Petersburg ruled to freeze the assets of Linde Russia U.K. Limited, a subsidiary of German-based Linde chemical company, Radio Free Europe/Radio Liberty (RFE/RL) reported on Aug. 14, citing Russian court documents. The decision came after Ruskhimalyans, a sanctionedsubsidiary of Russia's state-owned Gazprom, filed a lawsuit against Linde in March, demanding to recover more than 746 million euros ($822 million) and 30.71 billion rubles ($347 million) in debt. In its lawsuit, the Russian company claimed that it was impossible to enforce the upcoming court order at the...
Kyiv Independent
An arbitration court in St. Petersburg ruled to freeze the assets of Linde Russia U.K. Limited, a subsidiary of German-based Linde chemical company, Radio Free Europe/Radio Liberty (RFE/RL) reported on Aug. 14, citing Russian court documents. The decision came after Ruskhimalyans, a sanctionedsubsidiary of Russia's state-owned Gazprom, filed a lawsuit against Linde in March, demanding to recover more than 746 million euros ($822 million) and 30.71 billion rubles ($347 million) in debt. In its lawsuit, the Russian company claimed that it was impossible to enforce the upcoming court order at the...
Kyiv Independent (CA)
An arbitration court in St. Petersburg ruled to freeze the assets of Linde Russia U.K. Limited, a subsidiary of German-based Linde chemical company, Radio Free Europe/Radio Liberty (RFE/RL) reported on Aug. 14, citing Russian court documents. The decision came after Ruskhimalyans, a sanctionedsubsidiary of Russia's state-owned Gazprom, filed a lawsuit against Linde in March, demanding to recover more than 746 million euros ($822 million) and 30.71 billion rubles ($347 million) in debt. In its lawsuit, the Russian company claimed that it was impossible to enforce the upcoming court order at the...
Kyiv Independent (UK)
Neue Analysen von Handelsdaten zeigen, dass sich die Lieferungen des russischen Flüssigerdgases (LNG) nach Frankreich in der ersten Hälfte des Jahres 2024 mehr als verdoppelt haben. Diese Entwicklung betrifft nicht nur Frankreich, sondern auch mehrere andere Mitgliedstaaten der Europäischen Union. Eine Analyse ergab, dass die Mitgliedstaaten der Europäischen Union in der ersten Hälfte dieses Jahres im Vergleich zum gleichen Zeitraum im Vorjahr insgesamt sieben Prozent mehr russisches LNG importiert haben. Der größte Anteil des russischen Flüssigerdgases wurde von französischen Unternehmen impo...
Euronews (German)
Shipments of Russian liquified natural gas to France more than doubled the first half of this year, according to new analyses of trade data, at a time when Europe has tried to pull back from energy purchases that help finance the Kremlin's invasion of Ukraine. Europe has restricted oil imports from Russia, but natural gas is still allowed. And while companies in France are importing the most, one analysis found EU countries overall imported 7% more Russian LNG, natural gas that has been chilled and liquified for easier ocean transport, in the first half of this year compared to the same period...
Euronews (English)
Italian oil and gas giant Eni has reported its second quarter earnings, with the company seeing an adjusted net profit of €1,519m for Q2 2024, a 21% drop from €1,935m in the corresponding quarter last year. Although this was a decline compared with last year, the company still exceeded analyst expectations of €1.42bn, because of its gas and liquefied natural gas (LNG) departments doing exceptionally well. Adjusted net profit for H1 2024 was €3,101m, a 36% drop from the €4,842m seen in the first half of 2023. The company's net cash from operations came up to €4,571m in the second quarter of 202...
Euronews (English)
Finland's Gasum, a major gas supplier to the Nordic region, announced on June 25 that it will cease purchasing and importing Russian liquefied natural gas (LNG) in July in accordance with new European Union sanctions. "Gasum complies with all sanctions imposed by the EU and will not purchase or import Russian LNG as of 26 July," the company said in a statement. On June 24, EU member nations adopted a 14th package of sanctions against Russia, targeting the country's gas exports for the first time. The new package also forbids any new investments or provision of goods toward Russian LNG projects...
Kyiv Independent
Finland's Gasum, a major gas supplier to the Nordic region, announced on June 25 that it will cease purchasing and importing Russian liquefied natural gas (LNG) in July in accordance with new European Union sanctions. "Gasum complies with all sanctions imposed by the EU and will not purchase or import Russian LNG as of 26 July," the company said in a statement. On June 24, EU member nations adopted a 14th package of sanctions against Russia, targeting the country's gas exports for the first time. The new package also forbids any new investments or provision of goods toward Russian LNG projects...
Kyiv Independent (UK)
Finland's Gasum, a major gas supplier to the Nordic region, announced on June 25 that it will cease purchasing and importing Russian liquefied natural gas (LNG) in July in accordance with new European Union sanctions. "Gasum complies with all sanctions imposed by the EU and will not purchase or import Russian LNG as of 26 July," the company said in a statement. On June 24, EU member nations adopted a 14th package of sanctions against Russia, targeting the country's gas exports for the first time. The new package also forbids any new investments or provision of goods toward Russian LNG projects...
Kyiv Independent (CA)
The successful phasing-out of gas imports from Russia risks making Europe dependent on liquified natural gas (LNG) imports, according to a report published by the European Court of Auditors (ECA) today (June 24) . Between 2021 and 2022, LNG imports increased from 80 billion cubic meters (bcm) to 120 bcm — reflecting an increase from 22% to 34% of total gas imports including from Russia and pipeline — according to the ECA. By 2023, the largest LNG global exporters to the EU were Norway (30%), the US (19.4%) and North Africa (14.1%), Russia was still responsible for 6.1% of LNG imports alongside...
Euronews (English)
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