Gazprom

Russian energy giant Gazprom has lowered its projected gas deliveries to Europe this year.

The company plans to export 158 bcm of gas to Europe and a combined 56 bcm to the Baltics and the Community of Independent States (CIS), compared to 2013's 161 bcm and 59.4 bcm, respectively, as the Russian website Lenta.ru reports citing data from the company.

Russian energy giant Gazprom has booked the entire capacity tendered by the Hungarian side of the Arad - Szeged gas pipeline, chairman of the Chamber of Deputies' Committee for Industries and Services Iulian Iancu told a conference on energy this Monday.

Russia's energy giant Gazprom has decided to give Ukraine an additional week for its gas payment, setting June 9 as a new deadline.

Gazprom CEO Alexey Miller announced the move after the company received USD 786 M, the first tranche of the USD 2.237 B sum Kiev is to transfer for gas supplies within the coming days, RIA Novosti reported.

Crisis-hit Ukraine won a vital reprieve from Russia on Monday when Moscow pushed back until next week a possible cut in gas shipments that would also impact parts of Europe.
      

Russia's Gazprom has pushed back to June 9 its ultimatum to Ukraine on imposing pre-payment for gas after Kiev paid $786 million in arrears, chief executive Alexei Miller said Monday.
      

EU Energy Commissioner Günther Oettinger has tied the South Stream gas pipeline to the political behavior of Russia in the conflict in Ukraine.

From Financial Times

By Christian Oliver in Brussels and Jack Farchy in Moscow

Gazprom has accused the EU of applying double standards to block its landmark gas pipeline into Europe in a case that looks increasingly likely to spiral into an acrimonious legal showdown.

Greek officials said Thursday the country was interested in having the South Stream gas pipeline on its territory.

By Chryssa Liaggou

Major firms, including Qatar Petroleum and Gazprom, appear to be interested in creating the infrastructure to supply liquefied natural gas to ships in Piraeus. Meanwhile, the global natural gas industry is saying that natural gas as a fuel for transport could be made available at a price of just 50 percent of that paid for gasoline and 70 percent that for diesel.

Works on South Stream expected to start in July

BELGRADE -- The construction of the South Stream gas pipeline section through Serbia could begin in July, it was said on Thursday in Belgrade.

The announcement came from Gazprom's international projects department head Aleksandr Siromyatin.