After a torrid time in the wake of the Russia-Ukraine war, things are about to change at multinational European energy company Uniper following bumper profits.
Russia will use alternative routes and supplies of sea-borne liquefied natural gas in case Ukraine does not extend the deal on Russian gas transit to Europe, Kremlin spokesman, Dmitry Peskov said on Friday. The current five-year agreement between Moscow and Kyiv about Russian gas transit to Europe expires in the end of 2024.
Thanks to an increase in exports of petroleum, gas, and other energy products this year, the Russian government’s current account is expected to post a surplus of some $75 billion this year, based on new central bank data.
Moscow has information on plans to blow up the TurkStream and Blue Stream, onshore and offshore gas pipelines exporting natural gas from Russia to Turkey via the Black Sea, Russian Foreign Minister Sergey Lavrov said on Friday.