Russia Gas Deal

Moscow said Tuesday it had destroyed a Ukrainian military "reconnaissance boat" near Russian gas infrastructure in the Black Sea, in the latest clash in the waterway since Moscow's withdrawal from a major grain export deal.

The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi told Reuters.

India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom and GAIL (India) Ltd, the state-run Indian company's chairman said at an annual shareholder meeting on Friday.

The country's largest gas distributor GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom, two sources familiar with the matter said.

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.

Russia's production dropped by 9% in April, and the country, part of the OPEC+ group, produced far below levels required under a deal to gradually ease record output cuts made during the worst of the pandemic in 2020.

In early March, as the US and its allies unleashed a wave of sanctions on Russia, President Joe Biden stood in the White House and said they wanted to deal a "powerful blow to Putin's war machine."

Moscow and Kiev have signed a preliminary deal on the transit of Russian gas to Europe via Ukraine, after months of difficult talks but ahead of the looming New Year deadline.

US President Donald Trump launched a stinging attack on Germany at the start of a NATO summit in Brussels on Wednesday, saying an "inappropriate" gas deal with Moscow made it a "captive" of Russia.

After the US, Russia on Monday began supplying Liquefied Natural Gas or LNG to India under a long-term deal as the world's fourth-largest buyer of liquefied natural gas diversifies import basket to meet its vast energy needs.

GAIL India Ltd is in talks with Russia's Gazprom to delay and renegotiate a 20-year gas purchase deal undercut by low spot prices, sources familiar with the matter say, as weak demand at home forces it to stall some contracted supply.

A deal to allow ONGC Videsh Limited to pick up 15 per cent stake in Russia's second biggest oil field of Vankorneft and three other major pacts between Indian and Russian companies in oil and gas sector have been struck during Prime Minister Narendra Modi's visit here which is expected to boost bilateral trade significantly.

Russian President Vladimir Putin and his government courted Beijing on Wednesday before a BRICS summit, playing down a stock market plunge in China and proposing better terms for investors from Beijing.

Russian Foreign Minister Sergei Lavrov on Friday said Ukraine's perceived failure to agree with rebels on implementing a peace deal was "alarming" and urged the West to pressure Kiev.

Russian President Vladimir Putin today said Russia would extend the current gas deal with Ukraine by another three months, hours before it was due to expire.

Moscow said Tuesday it had destroyed a Ukrainian military "reconnaissance boat" near Russian gas infrastructure in the Black Sea, in the latest clash in the waterway since Moscow's withdrawal from a major grain export deal.

The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi told Reuters.

India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom and GAIL (India) Ltd, the state-run Indian company's chairman said at an annual shareholder meeting on Friday.

The country's largest gas distributor GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom, two sources familiar with the matter said.

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.

Russia's production dropped by 9% in April, and the country, part of the OPEC+ group, produced far below levels required under a deal to gradually ease record output cuts made during the worst of the pandemic in 2020.

In early March, as the US and its allies unleashed a wave of sanctions on Russia, President Joe Biden stood in the White House and said they wanted to deal a "powerful blow to Putin's war machine."

Moscow and Kiev have signed a preliminary deal on the transit of Russian gas to Europe via Ukraine, after months of difficult talks but ahead of the looming New Year deadline.

US President Donald Trump launched a stinging attack on Germany at the start of a NATO summit in Brussels on Wednesday, saying an "inappropriate" gas deal with Moscow made it a "captive" of Russia.

After the US, Russia on Monday began supplying Liquefied Natural Gas or LNG to India under a long-term deal as the world's fourth-largest buyer of liquefied natural gas diversifies import basket to meet its vast energy needs.

GAIL India Ltd is in talks with Russia's Gazprom to delay and renegotiate a 20-year gas purchase deal undercut by low spot prices, sources familiar with the matter say, as weak demand at home forces it to stall some contracted supply.

A deal to allow ONGC Videsh Limited to pick up 15 per cent stake in Russia's second biggest oil field of Vankorneft and three other major pacts between Indian and Russian companies in oil and gas sector have been struck during Prime Minister Narendra Modi's visit here which is expected to boost bilateral trade significantly.

Russian President Vladimir Putin and his government courted Beijing on Wednesday before a BRICS summit, playing down a stock market plunge in China and proposing better terms for investors from Beijing.

Russian Foreign Minister Sergei Lavrov on Friday said Ukraine's perceived failure to agree with rebels on implementing a peace deal was "alarming" and urged the West to pressure Kiev.

Russian President Vladimir Putin today said Russia would extend the current gas deal with Ukraine by another three months, hours before it was due to expire.