Fuel and energy

Unemployed residents of the city of Zhanaozen, Mangystau region of Kazakhstan, took to the street and declared distrust of the country's authorities.

European gas storage facilities, as of the end of January, were already empty by 81% of the volume of gas pumped there during the summer period.

The expert admitted the possibility of building a gas pipeline "on the ground."

The Ukrainian gas transmission system for the first time began to receive gas from Hungary through physical, rather than virtual, reverse.

Gazprom's bid for transit through Ukraine on Tuesday, February 1, increased to 107.7 million cubic meters. m, which is close to the amount booked under a long-term contract (109 million cubic meters).

Austrian Chancellor Karl Nehammer said following a special meeting that the situation around Ukraine affects the price of gas in Europe, TASS reports.

U.S. February natural gas prices rose sharply by 72% on January 27, the highest increase on record.

The US and its allies are working on a contingency plan if Russian gas supplies are cut off.

Speaking in the Bundestag on Thursday, January 27, Annalena Baerbock again threatened Russia with a tough response to the further escalation of the conflict with Ukraine.

The company's management explained this step by the deteriorating human rights situation in the country, where a military coup took place in February 2021.

Germany is seeking exceptions for the energy sector in case of blocking access of Russian banks to settlements in dollars, Bloomberg reports with reference to the documents.

Power supply has been partially restored in Bishkek.

"The green energy transition" will have a major impact on the global economy - right down to changes in eating habits, McKinsey estimates.

The total increase in the cost of gas since the beginning of the trading day was 19.4%.

«The gas pipeline has always been a geopolitical project», German Economy Minister Habeck said.