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Latvia’s response for Russia’s gas cutting

Heather Trudeau
energy crisis, energy crunch, energy industry, energy market, energy rationing, energy supply, Finance & Markets, gas flows, gas heating, gas supply, Gazprom, Klaipeda terminal, Latvia, roubles, Russia, Top Stories, Ukraine, war, winter
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Latvia’s response for Russia’s gas cutting Latvian officials have reassured homes & businesses that there will be no major interruption to energy security after Russia’s choice to wipe out gas supplies to the country. “Today, Gazprom stopped its gas supplies to Latvia specified in the July request due to a violation of the conditions established…
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Europe fights energy crisis by cutting gas

Heather Trudeau
energy crisis, Energy Minister, energy prices, European Commission, European Council, Finance & Markets, gas consumption, gas cuts, gas demand, gas flows, gas prices, gas use, Nord Stream, Russia, Top Stories, Ukraine, winter
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Europe fights energy crisis by cutting gas: European ministers have decided voluntarily to reduce their countries’ gas consumption by 15% from 1st August to 31st March 2023 in a effort to get ready for a complete disruption of Russian gas this winter. After Gazprom reported an additional decline in the gas flows via the Nord…
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EU to face gas supply disturbance in winter says IEA

Heather Trudeau
energy crisis, energy prices, energy supply, energy transition, Europe, Finance & Markets, gas flows, gas prices, gas storage, Top Stories, war
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EU to face gas supply disturbance in winter says IEA If a complete Russian cut-off were to happen, EU will possibly be hit by supply disruptions from October even if countries manage to fill up their gas storage facilities in the coming days. The worrying estimation comes from a report written by the International Energy…
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Mutual aid pact from Czech Republic & Germany

Heather Trudeau
energy prices, Energy security, energy supply, Europe, Finance & Markets, gas flows, gas prices, gas shortage, gas supplies, Nord Stream 1, Robert Habeck
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Mutual aid pact from Czech Republic & Germany: Germany and Czech Republic have signed an agreement to collab in the case of a scarcity of gas supply due to the Nord Stream 1 gas pipeline shutdown. Nord Stream pipeline ceased its gas flows the other day, it transfers natural gas from Western Russia to EU.…
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UK refuses to be blackmailed by dictators in control of the gas taps.

Heather Trudeau
coal power station, energy bills, energy prices, Energy security, energy supply, energy transition, Finance & Markets, gas flows, gas prices, Nuclear Power, Top Stories, war, West Burton
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UK refuses to be blackmailed by dictators in control of the gas taps. The government has reiterated its solid stance in opposition to Russia amid diminished gas flows to Europe throughout the Nord Stream pipeline. Delivering a speech at the Chatham House Second Century London Conference, the Business Secretary talked about the UK’s preparedness for…
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Higher energy prices due to Nord stream gas reductions.

Heather Trudeau
Asian gas, energy bills, energy crisis, energy prices, Europe, Finance & Markets, gas flows, gas storage, Gazprom, Nord Stream, Top Stories, Wood Mackenzie
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Higher energy prices due to Nord stream gas reductions. Analysts have estimated extra steep inflations in energy costs as a conclusion of Russia’s move to cut streams through the Nord Stream pipeline. That’s one of the discoveries of a new article by Wood Mackenzie which indicates high costs resulting from the restrictions will inevitably lead…
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