Uniper
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Putin offers way for Russians to 'swap' frozen assets
President Vladimir Putin signed a decree on Nov. 8 offering a way for Russian investors to "swap" their frozen assets abroad with the frozen assets of foreign companies in Russia.
Since the conflict in Ukraine, Western countries have introduced a barrage of sanctions against Moscow, blocking its banks from making international payments and freezing Russian assets abroad.
Πτώση στα Ευρωπαϊκά Χρηματιστήρια – Παραμένουν οι ανησυχίες για την Fed
Βουτιά για τη μετοχή της Uniper - Απώλειες για τους περισσότερους δείκτες στις ασιατικές αγορές
For Not Paying in Rubles: Gazprom turned the Tap Off for Shell in Germany and Orsted in Denmark
Russia's Gazprom announced on Tuesday that it was suspending gas supplies to the Danish company Orsted and Shell Energy under its gas supply contract with Germany. The reason is the refusal to pay for the raw material in Russian rubles, Reuters reported.
EU: A Ruble Account with Gazprombank Violates the Sanctions
How will Europe pay for gas from Russia - in euros, dollars or rubles? In recent days, information has emerged that Germany and Italy have agreed to pay for Russian gas to Gazprom in rubles and will not stop their supplies. This is not true.
Dynagas: Energy solutions for Germany from Giorgos Prokopiou’s Dynagas
Two Floating Storage and Regasification Units (FSRU) for Liquefied Natural Gas (LNG) were chartered from George Prokopiou's Dynagas Ltd to the German Uniper, whose total capacity is equivalent to 30% of Russian gas imports to Germany.
With this move, Uniper comes to diversify and strengthen the security of gas supply in Germany, according to a statement from the German company.
The Nord Stream 2 Gas Pipeline is 75% Complete
The Nord Stream 2 gas pipeline is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement released today. A total of 1,855 kilometers of the Nord Stream 2 pipeline were built along the bottom of the Baltic Sea in the waters of Russia, Finland, Sweden and Germany. That's about 75 percent of the total length of the pipeline, the release said.
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EON confident for 2017 despite tough first quarter
Massive German energy firm EON on May 9 reported a tough first quarter but confirmed forecasts for the full year, hoping to rebuild in 2017 after grave losses last year.
The Essen-based group reported adjusted net profits of 525 million euros ($573 million) between January and March, 20 percent lower than the first quarter of 2016.
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