Gas in Europe has risen in price by 30% due to the situation with Nord Stream
14:39 05.09.2022 3846
The spot price of gas in Europe is growing by 30%, to almost $2,900/ths. Cube m due to the ongoing shutdown of Nord Stream, Interfax reports today.
The price of the nearest (October) futures on TTF on the ICE Futures exchange rose to $2,855 per thousand cubic meters since the beginning of trading on Monday, while trading closed on Friday at $2,213.
The Nord Stream gas pipeline failed to operate after maintenance. Oil leaks have been identified in Siemens engines, and this fault can only be repaired by a factory repair. Repair of Siemens engines is possible only at a plant in Montreal, and Canada has imposed sanctions on Gazprom.
“Today, Siemens has practically no opportunity to provide regular overhauls of our gas pumping units. Siemens simply has nowhere to carry out these works,” Alexei Miller, Chairman of the Board of Gazprom, said.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
Over 320 billion cubic meters of Turkmen gas supplied since the start of operation of the Turkmenistan-China gas pipeline, – CNPC
Since the opening of the transnational Turkmenistan-China gas pipeline in 2009, over 320 billion cubic meters of Turkmen gas have been exported to the Celestial Empire. General director of the branch of the National Petroleum Corporation of China (CNPC) Chen Huailong stated this, the Watan news program of the Turkmen television reported.
OPEC will be headed by a representative of Kuwait from August
At an extraordinary meeting of OPEC, the ministers elected a new secretary general of the organization – from August 1, 2022, Haitham Al-Qais from Kuwait was elected for a period of three years, Interfax reported.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.
Preparations are underway for the 8th meeting of the Turkmen-Romanian Working Commission on Cooperation in the Energy Sector
On March 27, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, the agenda of which included a number of issues of state life, TDH reports.