... closely monitoring the situation: oil companies are already feeling pressure due to the tightening tax burden and sanctions restrictions, so any changes in subsidy or export regulation could impact their financial stability. The Gas Sector: Europe Builds Reserves and Diversifies Supplies The European gas market is closing in on the end of summer with strong indicators regarding fuel reserves. Gas storage facilities (GSF) in the EU are filled to over 72% of their total capacity by early August, significantly above the average levels of previous ...

... says. As for Ukraine, the transit of Russian gas through its territory may continue after the expiration of the transit contract with Gazprom in January. A new long-term contract is not necessary. Ukraine only needs to hold auctions for capacity reservations, as stipulated by European regulations, to which Kyiv has agreed. “The only thing that may change from 2025 is that Gazprom will supply gas to Moldova not through Ukraine but through Turkey. This is about small volumes of gas, and technically, Moldova could be ...

... exchange-related factors continue to reduce export revenues. Thus, balancing interests—keeping prices affordable for the population and ensuring budget revenues—remains a complex task for authorities and market participants. Gas Sector: Europe is Storing Reserves and Restructuring Routes The European gas market is entering the end of summer with confident figures on reserves. Underground gas storage (UGS) in the EU is over 72% full of total capacity as of early August, significantly surpassing average levels from previous years for the same ...

... about 16% of global gas production. Key fields: Bovanenkovo field: One of the largest on the Yamal Peninsula, with confirmed gas reserves of over 4.9 trillion cubic meters. This field is the basis for long-term provision of domestic and export demand. Kruzenshternskoye ... ... Nord Stream 2: Gas pipelines connecting Russia and Europe via the Baltic Sea provide significant volumes of supplies to key European markets. Turkish Stream: Gas pipeline that supplies gas to Turkey and southern European countries. 3. Liquefied natural ...

... monetary policy easing support the market, preventing prices from falling significantly below current levels. As a result, by the end of the week, the oil market maintains relative stability, close to levels seen at the end of June. Gas Market: Record Reserves and Stable Prices The European gas market is demonstrating strong filling of storage facilities ahead of the upcoming heating season. According to data from Gas Infrastructure Europe, underground gas storage (UGS) in EU countries is over 65% full—this high level for July ...