Energy in Belarus

 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.    

Financial markets have been rattled by the shutdown of Russia's Nord Stream 1 gas pipeline, as energy pressure on European economies intensifies as winter approaches. The euro fell to a two-year low this morning in early trading on Monday after Russian energy company Gazprom extended the shutdown of its gas pipeline to Germany on Friday night.

Russian state-backed energy company Gazprom is ready to pay the Kremlin 2.5 billion rubles after posting record profits.

The company reported a net profit of 2.5 billion rubles for the first six months of this year. Oil and gas prices rose during that period, pushed up by supply concerns following Russia's invasion of Ukraine.

The price of November futures in the Dutch gas hub TTF jumped to 100 euros per MWh at the opening of this morning, or to 1,199.44 dollars for 1,000 cubic meters, but later dropped by 1.7 percent to about 1,150 dollars, reports TASS.

Bulgaria has agreed a 40% cut in the price of gas it imports under its long-term contract with Russia, its dominant gas supplier, Prime Minister Boyko Borissov said on Tuesday, Reuters reported.

Gazprom expects the volume of gas exports to Europe to be reduced this year to the level of 2017 - up to 192 billion cubic meters, with the export price estimated to be 13% lower than in 2018. This was announced by Gazprom Export Head Mikhail Malgin.

After Russia's state gas company Gazprom on March 1 said it was terminating existing gas contracts with Ukraine, the dispute has again raised concerns about Serbia's energy dependence on the Kremlin.

Gazprom increased its gas supplies to Turkey by 18.8 percent between Jan. 1 and Dec. 15, Russian news agency TASS reported on Dec. 17.

Russian gas giant Gazprom has increased gas supplies to those countries that could become Turkish Stream pipeline clients.

The company has increased gas exports to Serbia by 37.6 percent.

Russian gas giant Gazprom has increased gas supplies to those countries that could become Turkish Stream pipeline clients.

The company has increased gas exports to Serbia by 37.6 percent.