Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Germany not in talks over Nord Stream 2 gas pipeline revival

General – Independence

Germany’s energy independence from Moscow is crucial and it is not in talks with Russia over a ‘possible pipeline-based supply of Russian gas’ via the partly damaged Nord Stream 2 pipeline, the economy ministry said on Monday to Reuters.

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12 European countries to crack down on Russia’s shadow fleet

General – Politics

At the summit of the national leaders of the Joint Expeditionary Force (JEF) in Tallinn, Denmark, Estonia, Finland, Germany, Iceland, Latvia, Lithuania, the Netherlands, Norway, Poland, Sweden and the UK agreed to disrupt and deter Russia’s shadow fleet vessels.

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New legislation to combat drone attacks on Russian O&G installations

Fossil Energy – Drone Attacks

In a move to address the growing concern over drone attacks on oil and gas installations in Russia, President Vladimir Putin has signed new legislation that places the responsibility on oil and gas producers to invest in anti-drone weapons.

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First floating LNG platform sets out from Belokamenka towards Gydan

General – LNG Plant Russia

Six years after construction started on the western shore of the Kola Bay, the first ever gravity-based structure for the production of LNG left the plant in Belokamenka (Russia) on July 21 and set out into the Barents Sea.

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Russia targets Netherlands’ North Sea infrastructure

General – Russia

Russia has in recent months tried to gain intelligence to sabotage critical infrastructure in the Dutch part of the North Sea, Dutch military intelligence agency MIVD said on Monday.

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Europe imports record amount of liquefied natural gas from Russia

General – LNG Import

European countries’ imports of Russian LNG increased more than 40 percent between January and October this year (17.8 billion cubic meters) compared to the same period in 2021.

Russian LNG is not subject to sanctions by the EU.

In fact, Russian gas is considered essential to the energy security of some European countries. Yet there is nothing to stop Putin from cutting back on these gas supplies as well in retaliation for anti-Russian measures by the West. This could still force the EU to purchase the gas on the more expensive spot market.

France, Belgium, Spain, and the Netherlands accounted for almost all volumes.

Most Russian LNG is supplied by the Yamal LNG joint venture, which has Russian gas producer Novatek as its main shareholder. French energy giant Total is also in Yamal LNG, by the way.

This proves how difficult it is for Europe to break away from the Kremlin’s energy apparatus. Despite other boycotts of Russian energy products.

Source: Financial Times and Business AM

China’s spending on Russian energy nears $60 billion since war

General – China

China continued to boost Russian energy imports last month, as purchases of natural gas, coal, crude oil and oil products increased to nearly $60 billion since the invasion of Ukraine, from about $35 billion a year ago.

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Swedish prosecutor confirms Nord Stream gross sabotage

Fossil Energy – Nord Stream Explosions

Sweden’s chief prosecutor has confirmed the subsea explosions that caused severe leaks at the Nord Stream gas pipelines in the Baltic Sea in September were due to gross sabotage, he said on Friday, November 18.

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