The Hungarian government does not support the oil and gas embargo against Russia, a senior official said on Monday."The Hungarian position on the oil and gas embargo has not changed: we do not support it !" Zoltan Kovacs, secretary of state for international communications and relations wrote on his Facebook page. Vladimir Putin DCO Global… Continue reading HUNGARIAN GOVERNMENT ‘DOES NOT SUPPORT’ RUSSIAN OIL AND GAS EMBARGO – SAYS OFFICIAL
Russia is taking a retaliatory step the U.S. and its allies have been bracing for — cutting off gas exports to two European nations, a move that escalated tensions and raised concerns about the possibility of Russia widening the stoppage to other nations.The Biden administration has long warned that Russia would weaponize its energy exports… Continue reading RUSSIA’S EU RETALIATION ON GAS RAISES STAKES FOR U.S
Firm seized by Germany sought to use ruble-payment accountGerman regulator says the gas can be purchased on marketRussia’s major gas bank rejected a payment from a trading firm that Germany seized from Moscow’s control, the first sign of friction following the take-over amid a broader regional energy dispute. Russian Gazprom DCO Global News Published on… Continue reading RUSSIA REJECTS GERMAN GAS PAYMENT FROM SEIZED TRADING UNIT
Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their failure to pay in rubles.The state-controlled gas pipeline giant, which supplies Europe with about 40 percent of its gas needs, said transit via Poland and Bulgaria – whose pipelines supply Germany, Hungary and Serbia – would be cut if fuel was siphoned… Continue reading RUSSIAN ENERGY GIANT GAZPROM STOPS GAS SUPPLIES TO POLAND, BULGARIA
Vladimir Putin's deadline has come and gone and Russian natural gas is still flowing to Europe.The Russian president delivered an ultimatum Thursday to "unfriendly" nations to pay for their energy in rubles starting April 1 or risk being cut off from vital supplies. Was that a bluff?DCO Global News Published on April 2, 2022 By… Continue reading EUROPE REJECTED PUTIN’S PAY IN RUBLES ULTIMATUM. SO WHY IS RUSSIAN GAS STILL FLOWING?