Europe needs to understand root causes of rising gas price ‘phenomenon’ to avoid energy crisis – AEB

Natural gas prices skyrocketed this week and had Europe on edge. The only way to stabilize the situation is to know the root causes of the price spike, the head of the Association of European Businesses (AEB) has told RT. … Read More >Europe needs to understand root causes of rising gas price ‘phenomenon’ to avoid energy crisis – AEB

Russia is fulfilling ALL its contractual obligations for gas orders & is NOT to blame for soaring prices, Germany’s Merkel says

German Chancellor Angela Merkel has rejected suggestions that the increased price of gas is due to Russian policy. Instead she has pointed the finger at the EU’s own approach asking whether the bloc could have acted differently. … Read More >Russia is fulfilling ALL its contractual obligations for gas orders & is NOT to blame for soaring prices, Germany’s Merkel says

Russia’s Nord Stream 2 pipeline could play crucial role in stabilizing European gas market – International Gas Union

The current volatility of gas prices is partly due to some global economies having become too reliant on renewable energy sources, according to the president of the International Gas Union, Dr. Joe M. Kang. … Read More >Russia’s Nord Stream 2 pipeline could play crucial role in stabilizing European gas market – International Gas Union

Nord Stream 2 pipeline begins filling with gas in preparation for pumping supplies to EU, operators say, as energy crisis worsens

The first segment of the now-completed Nord Stream 2 underwater pipeline is being filled with gas in advance of final authorization from German regulators to turn on the taps, the company behind the scheme has revealed. … Read More >Nord Stream 2 pipeline begins filling with gas in preparation for pumping supplies to EU, operators say, as energy crisis worsens

Germany says Russia is fulfilling its obligations under European gas supply agreements

Russia is fully compliant with its gas supply obligations to Europe, Germany’s energy ministry’s spokeswoman Suzanne Ungrad said Wednesday, dismissing claims Moscow is pressuring the EU to speed up Nord Stream 2’s commissioning. … Read More >Germany says Russia is fulfilling its obligations under European gas supply agreements

Millions of Europeans will receive Russian gas through Nord Stream 2 ‘in near future,’ Moscow says, calling for end to ‘obstacles’

The vast Nord Stream 2 pipeline will soon be pumping supplies from the gas fields of Siberia to consumers in Western Europe now that construction has been complete, despite American efforts to block the project, Moscow has said. … Read More >Millions of Europeans will receive Russian gas through Nord Stream 2 ‘in near future,’ Moscow says, calling for end to ‘obstacles’