Gas in Europe has risen in price by 30% due to the situation with Nord Stream

14:39 05.09.2022 4062

https://oilgas.gov.tm/storage/posts/5435/original-16315c2ecd2e59.jpeg

 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.

Other articles
161e90b30ab8d8.jpeg
Hydrogeologists conduct an effective search for groundwater in Dashoguz region

The Dashoguz hydrogeological expedition, which is one of the leading enterprises of the State Corporation «Turkmengeology», is confidently entering the new year 2022, the motto of which is «Epoch of people with Arkadag». For a number of years, the expedition's specialists have been demonstrating effective results in the study of the reclamation and ecological state of lands and in the search for drinking water resources.


1680b17ce4baf2.jpg
Chairman of the Halk Maslahaty of Turkmenistan discussed priority vectors of cooperation with the President of Uzbekistan

As part of a friendly visit to Uzbekistan, the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov arrived at the Congress Center of Samarkand on April 24. A bilateral meeting of Hero-Arkadag with President Shavkat Mirziyoyev took place here, TDH reports.


1680b13b50ebf9.jpg
The President of Uzbekistan presented Arkadag with the highest award of the Republic "Oliy Darajali Dustlik"

The National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov arrived in Uzbekistan on April 23, the International Information Center of Turkmenistan reports.


1680b13559f6f9.webp
GECF predicts double increase in gas production in Turkmenistan by 2050

Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel, speaking at the International Forum on Attracting Foreign Investments in the Economy of Turkmenistan (TEIF 2025), announced a forecast according to which the volume of gas production in Turkmenistan will double by 2050 and will amount to 150 billion cubic meters.


16461c980884d6.jpg
Ashirguly Begliev appointed Advisor to the President of Turkmenistan on oil and gas issues

Ashirguly Begliev has been appointed Advisor to the President of Turkmenistan on oil and gas issues.