|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||4.7200 - 4.7700|
|52 Week Range||4.1300 - 5.3500|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||1.41|
|Forward Dividend & Yield||0.24 (5.02%)|
|1y Target Est||N/A|
The natural gas game in Europe is heating up, and the United States is to convince Qatar to make a push against Russian dominance as well
Russia’s largest LNG producer is looking to boost supply to the fast growing Asian markets by upgrading its facilities in the far East
Support from Germany for the mega Nord Stream 2 project is wavering as some politicians in Angela Merkel’s coalition are now opposing the pipeline for geopolitical reasons
President Vladimir Putin opened Russia's first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) on Tuesday, saying it bolsters the country's energy security. The Marshal Vasilevskiy FSRU has been set up in Kaliningrad, wedged between European Union members Poland and Lithuania, by Russian energy giant Gazprom (GAZP.MM) to bypass pipeline gas deliveries via Lithuania in case transit is disrupted. Moscow's decision to set up the FSRU was in part to reduce gas transit risks to Kaliningrad, home to a Baltic Fleet base, as the EU steps up efforts to reduce its dependency on Russia, a Kremlin-published transcript of Putin's speech said.
European natural gas markets are anticipating a price drop as Russia’s Gazprom expects to keep exports at the same level while LNG imports are rising
Russia Gazprom will raise the prices for which it sells natural gas to Armenia by 10 percent in what can be seen as the latest event in a string of setbacks in Yerevan’s relations with Moscow
While Russia intends to maintain its grip on about 40 percent of the European market, fluctuations in that dependency will be closely monitored. “The question is how much gas Russia ends up delivering into the European markets -- that will be a key determinant,” said Murray Douglas, research director for European gas at Wood Mackenzie Ltd. “Russia expressed publicly it wants to keep deliveries. The Dutch next-month gas contract is expected to end 2019 at 22 euros a megawatt-hour ($7.35 a million British thermal units), according to the median of seven analysts surveyed by Bloomberg.
Talks about a possible asset swap deal between Royal Dutch Shell (RDSa.AS) and Gazprom (GAZP.MM) have been suspended, Kommersant business daily reported on Wednesday, citing Cederic Cremers, head of Shell's business in Russia. The memorandum on the possible asset swap was signed in 2015 and was seen as a coup for Gazprom at a time when many Western companies were reducing their exposure to Russia because of Western sanctions over Moscow's actions in Ukraine.
With Nord Stream 2 being completed, Russia’s Gazprom is focusing on Southern Europe, and Bulgaria and Greece are vying for much coveted gas transit contracts
As Russia's relationships with the West become increasingly fragile amid ongoing economic sanctions, Moscow continues to look towards China for economic opportunities — and energy is one space where that relationship is flourishing.
Washington has attempted for years to diminish Russian energy influence in Europe, but the continent’s largest gas supplier continues to outmaneuver the U.S.
MOSCOW—Russia is expanding its foothold in the fast-growing natural gas market, despite Western efforts to limit Moscow’s energy influence. Directly squaring off against U.S. shale exporters, Russia has emerged this year as a major player in the burgeoning market for liquefied natural gas, which is exported across the oceans on special ships. Meanwhile, Russia has been pumping gas into Europe at a record pace in existing pipelines, and to the East it’s close to opening a major pipeline into China, the world’s fastest-growing major gas market.
Russia's ZTZ said on Thursday it had won a contract to sell half a million tonnes of pipes to gas giant Gazprom next year for the construction of part of the Power of Siberia pipeline. Gazprom did not respond to a request for confirmation of the contract, which ZTZ said was worth over 42 billion roubles ($641.24 million). Gazprom is obliged to hold tenders for such contracts, but news that the contract had already gone to ZTZ, which only entered the market three years ago, came as a surprise to other producers, who frequently take part in such tenders.
Construction of the offshore part of the TurkStream pipeline that will carry Russian gas across the Black Sea to Turkey has been completed, Russian gas producer Gazprom said on Monday. TurkStream is part of Moscow's efforts to bypass Ukraine as a gas transit route to Europe, which imports around a third of its gas needs from Gazprom. Projects of this kind are purely creative," Russian President Vladimir Putin said as he and Turkish President Tayyip Erdogan attended an official ceremony in Istanbul.
Though Turk Stream’s capacity is much less than the South Stream’s, the pipeline has the potential to significantly impact European markets
Gazprom has moved to protect itself against the impact of any new U.S. sanctions or other risks beyond its control by reserving the right to pay back a 1 billion euro ($1.13 billion)Eurobond in other currencies, a first for a Russian borrower. Gazprom will decide in which currency payments will be made, but did not specify which risks may trigger the use of an "alternative payment currency". Gazprom declined to comment on the document, which was seen by Reuters.
Russia’s large oil companies are asking Western commodity traders to pay for their crude in Euros as Washington looks to slap more sanctions on Moscow
A Swiss court has issued an injunction barring the operators of the Nord Stream gas pipeline from making payments to Gazprom (GAZP.MM) as part of a legal dispute between the Russian gas producer and Ukraine's Naftogaz, Gazprom said. All payments from Nord Stream AG and Nord Stream 2 AG to Gazprom are to be directed to the Swiss bailiffs, Gazprom said in a programme for a Eurobond issue dated Nov. 9. Gazprom intends to challenge the injunction in court, TASS news agency quoted the company's chairman, Viktor Zubkov, as saying.
Russian gas giant Gazprom is preparing a 5-year Eurobond denominated in euros, a financial market source said on Monday. Gazprom has mandated Gazprombank, JP Morgan and Unicredit to act as joint lead managers ...
U.S. Minister-Counselor for Economic Affairs in Berlin has said that U.S. LNG will become even more cost-competitive and attractive, and will be able to compete in European gas markets