Articles Tagged "Gazprom"

Ukraine Must Pay in Advance for Gas Supplies, Gazprom Says

Gas – RT News reported that Russia’s Gazprom plans to demand advance payment for LNG supplied to Ukraine in June. According to RT News, Ukraine missed a payment in April, adding to its already enormous gas bill and prompting Gazprom to exercise its right to ask for advance payments. As quoted in the publication: The debt as [...]

Russia’s Gazprom Plans to Extend Pipeline to Austria

Gas – Bloomberg reported today that Russia's OAO Gazprom has plans to build a natural gas pipeline to Austria in the face of increased sanctions against Russian officials. The expansion of the South Stream would run from the coast of Bulgaria through Serbia and Hungary before reaching Austria, according to Bloomberg.