Connect with us

Published

on

Geopolitical tensions and the consequences on the gas market

Russia accuses the US, Ukraine and European states of being responsible for the cessation of Russian gas supplies. ‘The responsibility for the cessation of Russian gas supplies lies entirely with the US, the puppet regime in Kiev, and the authorities of the European states who sacrificed the welfare of their citizens in the name of financial support for the US economy,’ Maria Zakharova, a spokeswoman for the Russian Foreign Ministry, was quoted by the Tass news agency as saying.

IGI index value on the rise

The value of the IGI (Italian Gas Index) for 2 January was 50.80 euro/MWh, up from 1 January, when it stood at 50.23 euro/MWh. The index, calculated daily by the Gestore dei Mercati Energetici (GME), represents a tool for interpreting and evaluating the dynamics observed on the gas markets in Italy, and is a transparent and replicable reference for operators for hedging operations and/or supply contracts.

The reactions of the European Commission

The European Commission stated that the cessation of Russian gas supplies through Ukraine ‘was expected’ and that it had been coordinating with member states for over a year to secure alternative gas supplies. The main objective is to secure gas for Central and Eastern European countries, and according to the European Commission, the EU’s gas infrastructure is flexible enough to allow non-Russian gas supplies via different routes.

THE LATEST NEWS

Iranian Missile Intercepted by NATO Towards Turkey Raises Regional Tensions

Ballistic missile destroyed over the Mediterranean after crossing Iraqi and Syrian airspace; fragment lands in Hatay province with no injuries...
Read More
Iranian Missile Intercepted by NATO Towards Turkey Raises Regional Tensions

Chamberlain Visits Andrew Mountbatten-Windsor Amid Succession Removal Speculation

Lord Richard Benyon holds private meeting at Wood Farm as constitutional questions intensify The Lord Chamberlain of the Royal Household,...
Read More
Chamberlain Visits Andrew Mountbatten-Windsor Amid Succession Removal Speculation

CIA arming Kurdish forces to spark uprising in Iran

Report says Trump administration in talks with Iranian Kurdish groups and Iraqi Kurdish leaders as ground operation is discussed CIA...
Read More
CIA arming Kurdish forces to spark uprising in Iran

Khamenei assassination: surveillance and precision strike

An investigation by the Financial Times reconstructs the intelligence operation and air strike that led to the killing of Iran’s...
Read More
Khamenei assassination: surveillance and precision strike

Who Leads Iran Now After Khamenei’s Death

Tehran forms an interim leadership council to run the country following the killing of Supreme Leader Ayatollah Ali Khamenei After...
Read More
Who Leads Iran Now After Khamenei’s Death

US-Israel strike on Iran delayed by one week

According to Axios, the operation was postponed for operational and intelligence reasons, leaving room for a final round of nuclear...
Read More
US-Israel strike on Iran delayed by one week

Con la morte di Khamenei Putin vede scomparire un altro alleato…

Dopo Assad e Maduro, anche la Guida suprema iraniana scompare dalla scena: il Cremlino, impegnato in Ucraina, si limita alle...
Read More
Con la morte di Khamenei Putin vede scomparire un altro alleato…

Khamenei’s death puts Putin in a difficult position, another ally ‘lost’

The death of Iran’s Supreme Leader adds to a series of losses among Moscow’s foreign allies, leaving the Kremlin in...
Read More
Khamenei’s death puts Putin in a difficult position, another ally ‘lost’

 

Di Tendenza/Trending