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Russia Targets Major Surge in Natural Gas Exports by 2050

OilPrice

Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.

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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

“This will increase our energy independence while also reducing the revenues Putin uses to finance his war”, Energy and Housing Commissioner Dan Jorgensen said in a statement issued online by the Commission. The EU imported a total of 70 Bcm in the October-December 2024 period. Azerbaijan contributed seven percent.

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China’s ENN Energy valued at $11.6 billion in privatization offer

Oil & Gas 360º

(Oil Price) –Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 ENN Natural Gas currently owns 34.28% in ENN Energy. ENN Natural Gas and ENN Energy are two of the four listed firms within the ENN Group conglomerate, which was founded by Wang Yusuo.

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Daily Energy Report

Daily Energy Report

March 29, 2025 Chart of the Day: EU Record LNG Imports from the US and Imports from Russia Decline Reuters: Exports of Russian Pipeline Gas to Europe Down 19% in March Month-on-Month, Data Shows Summary In March 2025, Gazprom's daily natural gas exports to Europe via the TurkStream pipeline dropped 19.4% bcm, compared to 7.7

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Valor | Energy Connection – June 16, 2025

Valor

Read more Iran suspends partial output at major gas field after Israeli attack Summary : Iran partially suspended production at South Pars, the world’s largest gas field, after an Israeli strike caused a fire, halting 12M cm/day output (4% of Iran’s 275 bcm annual production). Read more Baker Hughes reports U.S.

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Daily Energy Report

Daily Energy Report

February 14, 2025 There will be no Daily Energy Report on Monday as the markets are closed in observance of President’s Day. came via pipeline, while 41.4% bcm, followed by Spain (2.2 bcm) and Italy (1.52 of EU gas imports, with pipeline gas at 51.2%. were LNG imports. LNG made up 48.8%

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Factbox-EU’s plan to phase out Russian gas by end-2027

Oil & Gas 360º

The EU plans would affect countries including Hungary and Slovakia, which still receive Russian gas via pipelines, and countries including Belgium, France, the Netherlands and Spain, which buy Russian LNG. EU energy commissioner Dan Jorgensen said this would amount to a tax or levy on imports.

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