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Brussels rejects US-Russia bid to revive Nord Stream, citing binding EU phase-out laws
energy-and-geopolitics2 hours ago

Brussels rejects US-Russia bid to revive Nord Stream, citing binding EU phase-out laws

The European Commission has firmly rejected reports that the US and Russia are negotiating to restart the Nord Stream pipeline, stating that EU legislation mandates the complete phase-out of Russian gas by late 2027 regardless of the war's outcome. While Washington and Moscow have floated a deal involving a US investor to revive gas flows, Brussels insists that existing regulations, not just wartime sanctions, prohibit such imports. Dutch PM Rob Jetten echoed this stance, calling the idea 'stupid' and urging tougher sanctions instead. The pipeline remains inoperable, with Nord Stream 1 damaged since 2022 and Nord Stream 2 never certified by Germany.

via Euronews.com|
#energy-and-geopolitics#energy-policy#eu-sanctions
Orban brands Ukraine Hungary's 'enemy' in energy clash
europe8 months ago

Orban brands Ukraine Hungary's 'enemy' in energy clash

Hungarian Prime Minister Viktor Orban, a Kremlin ally, called Ukraine an 'enemy' of Hungary at a Szombathely rally after Kyiv urged the EU to halt cheap Russian energy imports. The remark comes as Hungary resists EU energy sanctions and faces April parliamentary elections; Budapest has vetoed sanctions and challenged the EU gas ban in court. Orban also announced a planned visit to Washington for Trump’s inaugural 'Board of Peace' meeting.

via The Kyiv Independent|
#europe#european-union#hungary
Moldova Declares Energy Emergency Amid Russian Gas Transit Concerns
energy1 year ago

Moldova Declares Energy Emergency Amid Russian Gas Transit Concerns

Moldova's Parliament has declared a 60-day state of emergency in the energy sector starting December 16, due to concerns over Ukraine's plans to halt Russian gas transit by January 2025. This move, supported by 56 out of 101 deputies, aims to prepare for potential disruptions in gas and electricity supplies, particularly affecting Transnistria. The Moldovan government is taking measures to mitigate an energy crisis, while Russia and Moldova have discussed future gas supplies, with Gazprom expressing willingness to continue deliveries via Turkey.

via Meduza|
#energy#energy-crisis#moldova
EU Recalls Envoy Over Controversial Russian Gas Deal
diplomacy3 years ago

EU Recalls Envoy Over Controversial Russian Gas Deal

The European Commission has reprimanded its top representative in Vienna, Martin Selmayr, after he referred to Austria's purchases of Russian gas as "blood money." Selmayr's remarks were met with criticism from Austrian politicians, with the ruling party calling for his dismissal. While some parties agreed with Selmayr's characterization, the Commission stated that his choice of words breached protocol standards. Austria's reliance on Russian gas has been a subject of scrutiny, with the European Commission aiming to reduce the bloc's dependency on Russian fossil fuels through its "REPowerEU" plan.

via Euronews|
#austria#blood-money#diplomacy
Shell's Controversial Trade: Profiting from Russian Gas Despite Promises
energy3 years ago

Shell's Controversial Trade: Profiting from Russian Gas Despite Promises

Shell has been estimated to have made hundreds of millions of dollars trading Russian liquefied natural gas (LNG) since the start of the war in Ukraine, according to a report by Global Witness. Despite Shell's promise to stop dealing in all Russian hydrocarbons, the company continued to trade Russian gas, claiming it was necessary for Europe's energy security. The majority of Shell's Russian LNG exports went to the Middle East and Asia, rather than Europe. Global Witness calls for an immediate halt to this trade and for governments to ban imports of Russian gas and impose a 100 percent tax on profits and dividends received by companies from Russian operations since the start of the war.

via Global Witness|
#energy#global-witness#lng-trade