Gas in Europe has risen in price by 30% due to the situation with Nord Stream
14:39 05.09.2022 3678
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.
Green technologies against desertification are being implemented at Galkynysh gas field
CNPC Chuanqing Drilling Engineering Co., Ltd., a branch of CNPC, is actively implementing a project to combat wind erosion of soils caused by frequent sandstorms and low vegetation at the Galkynysh gas field in Turkmenistan, according to a press release from CNPC.
In the future, we will make every effort for long-term cooperation with Turkmenistan in the gas sector, - head of CNPC
The commissioning of a new facility in the Bagtyyarlyk contract area, the opening of which was attended by the President of Turkmenistan, is an unforgettable event for both Chinese and Turkmen specialists. This was stated by the President of the CNPC Board of Management Hou Qijun, speaking to the participants of the celebration on the occasion of the commissioning of a new gas gathering station in the Farap etrap of the Lebap velayat.
IUOG named after Ya. Kakayev and Petronas Carigali (Turkmenistan) signed a Memorandum of Understanding
The International University of Oil and Gas named after Yagshygeldi Kakayev and Petronas Carigali (Turkmenistan) Sdn Bhd signed a Memorandum of Understanding, the News Portal of the State Television and Radio Broadcasting Company of Turkmenistan reports.
The President of Turkmenistan took part in the opening of a new gas gathering station in Lebap region
As part of a festive trip last Saturday to the Lebap region, President of Turkmenistan Serdar Berdimuhamedov took part in the solemn ceremony of commissioning a new gas gathering station.
SPIEF: Turkmenistan considers energy and transport among the key areas of integration within the CIS
Cooperation in the energy and transport sectors can become strategic areas of integration within the CIS. This was stated by the Minister of Finance and Economy of Turkmenistan Muhammetgeldi Serdarov, speaking on Thursday at the St. Petersburg International Economic Forum (SPIEF), the Turkmen news agency Orient reports.