Hungary and Slovakia are seeking solutions for paying Russian gas suppliers after U.S. sanctions on Gazprombank raised payment challenges. Talks are underway to resolve the issue.
Hungary and Slovakia are exploring ways to make payments for Russian gas after new U.S. sanctions on Gazprombank created uncertainty.
Hungary’s Foreign Minister Peter Szijjarto plans talks with Russian Deputy PM Alexander Novak to find a legal solution for future payments. The U.S. sanctions, imposed on November 21, complicate payments via Gazprombank, which had previously facilitated currency conversions into roubles.
Slovakia's state-owned SPP is facing difficulties with an upcoming payment, and failure to pay could lead to suspension of gas supplies. Russia has since cancelled the option for buyers to convert currencies into roubles at Gazprombank.
Other European buyers, particularly in the Balkans, are also impacted.
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In the first nine months of this year, 10.2 billion cubic metres of gas were produced from the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea, according to operational data released by the Ministry of Energy.
Russian gas supplies to Armenia will be suspended for 10 days beginning from Tuesday due to planned maintenance work on the North Caucasus-Transcaucasia main pipeline in Russia’s Stavropol region,Gazprom Armenia announced on Monday.
Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, spoke to journalists at the ceremony marking the launch of natural gas transit from Azerbaijan to Syria via Türkiye.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
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Russian President Vladimir Putin has appointed Nikolai Udovichenko as his Special Representative for the delimitation and demarcation of state borders with CIS countries, including the breakaway “Republics of Abkhazia and South Ossetia.”
President of Ukraine Volodymyr Zelenskyy met King Charles III at Windsor Castle on 24 October, ahead of planned talks with European leaders in London.
Uzbekistan and the European Union (EU) are set to sign a new Enhanced Partnership and Cooperation Agreement (EPCA), marking a major step in bilateral relations and placing Uzbekistan among the EU’s closest partners in Central Asia.
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