Economy of Russia
Vucic, Dyukov discuss security of oil and derivatives supplies
BELGRADE - Serbian President Aleksandar Vucic met with Gazprom Neft CEO Alexander Dyukov on Monday to discuss NIS operations in Serbia and the security of oil and oil derivatives supplies to the country, Tanjug learns.
They also discussed new investments in renewable energy sources.
Vucic thanked Dyukov for the successful cooperation to date.
Moldova is buying Greek gas to test import routes
Moldova, under constant threat of a reduction in Russian gas supplies, will buy a small amount of gas from Greece to test new import routes, state energy company Energocom said on Thursday.
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Bulgaria has Paid almost 400 Million Euros for the Import of Azeri Gas
Bulgaria has paid over 383 million euros for the purchase of Azeri gas in 2022. This was reported by the Russian news agency "Interfax" on Wednesday, citing unpublished data from the European Statistics Agency.
The amount represents an eightfold increase compared to the previous year, the agency notes.
Italy weighs in as Cypriot fund goes after Lukoil plant
An Israeli-backed Cypriot fund's deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline.
Europe will return to Russian gas, says Qatar energy boss
European countries will eventually resume higher imports of Russian gas, Qatar's energy minister and gas company CEO predicted on Saturday, warning that market volatility could last for years.
Russian gas exports to Europe plunged after Moscow's invasion of Ukraine but Saad Sherida al-Kaabi, head of QatarEnergy, said the situation could change in the future.
Bulgarian MPs Banned the Export of Crude Oil and Oil Products from Russia
The National Assembly banned the export of crude oil and oil products subject to derogation, transported by sea, originating in Russia or exported from Russia.
Before that, the National Assembly decided to create the figure of a "special commercial manager" to act on behalf of the government in objects of critical infrastructure related to national security in the energy sector.
Lukoil agrees deal to sell Italian refinery
Russian oil giant Lukoil said on Jan. 9 that it had reached a deal to sell its refinery in Sicily to a Cyprus-based fund, pending approval from the Italian government.
The ISAB refinery, one of Europe's largest, was in danger of ceasing operations because of the EU embargo on the import of Russian crude oil by sea amid the Ukraine invasion, which came into force on Dec. 5, 2022.
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The Energy Minister admits that "Gazprom" might Sue "Bulgargaz"
"Bulgargaz could be sued by Russian energy giant Gazprom in an arbitration case, risking paying hundreds of millions of dollars." This was stated by the Acting Energy Minister Rosen Hristov during the parliamentary control.
Russian warplane falls on building in Siberia; 2 pilots die
Russian warplane slammed into a residential building in the Siberian city of Irkutsk on Sunday, killing both crewmembers, authorities said. It was the second time in less than a week that a combat jet crashed in a residential area in Russia.
Russian state firm signs $9.1bn loan deal to fund nuclear plant in Turkey
Rosatom, which has been wiring money to Ankara to shore up Turkey’s depleted foreign currency reserves, signs deal with Gazprombank