Page 3 - EurOil Week 24 2022

EurOil CONTENTS EurOil

COMMENTARY
Russian energy export revenues up 40% in May despite sanctions 4

Russia announces it will slash gas flow via Nord Stream 1 by 60% 6

PIPELINES & TRANSPORT

Russia announces it will slash gas flow via Nord Stream 1 by 60% 7

Kremlin expects no further cut-offs in gas supply to Europe 7
Turkey begins pipelaying ahead of first gas from Sakarya 8

PERFORMANCE
European gas market takes hit from Freeport LNG explosion 9

Calls growing for a price cap on Russian oil exports 10

POLICY

Norwegian oil strike averted 10

Germany struggles to get Rosneft out of Schwedt refinery 12
Portugal, Spain cap gas prices for power plants 13

Gneiss: The wider implications of a ban on Russian oil 13
Former UK, Scottish ministers urge greater support for oil, gas industry 14

PROJECTS & COMPANIES

Orcadian files plan for low-emitting UK field 15

NEWS IN BRIEF 16

NEWSBASE ROUNDUP GLOBAL (NRG) 18

Copyright © 2022 NewsBase Ltd. All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes
internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its contents
Week 24 16•June•2022 www. NEWSBASE .com P3