Russia's pipeline gas supplies to Turkey decreased by 6% in January-April compared to the same period last year, totaling 8.3 billion cubic meters. In April alone, Turkey imported 1.97 billion cubic meters from Russia via the TurkStream and Blue Stream pipelines.
Russian President Vladimir Putin stated that Germany needs political will to resume gas supplies via Nord Stream 1 and 2 pipelines. He noted that no such signals have been received from Berlin, but the process could be quick if a decision is made.
The US has imposed sanctions on Iran's Persian Gulf Strait Authority, targeting its control over the Strait of Hormuz, amid ongoing war and economic pressure campaign.
India and Russia are strengthening energy cooperation, focusing on gas supplies, joint hydrocarbon ventures, and LPG purchases. Russia remains a key crude oil supplier, with US sanctions waivers continuing. Civil nuclear cooperation, highlighted by the Kudankulam project, is also advancing.
European Commissioner Valdis Dombrovskis stated the EU will not resume Russian oil and gas purchases, even partially, due to diversified supplies from Norway and the US. He confirmed the EU's strategic decision to completely move away from Russian energy, citing an indefinite ban on Russian gas purchases by member states starting in 2027.
In April, Russian pipeline gas supplies to China rose 1.8% to $703.9 million, placing Russia second behind Turkmenistan. From January to April, Russia led with $3 billion in pipeline gas sales, a 9.5% decrease from the previous year.
Russia will decide on gas supplies to Europe based on its interests in each specific case, stated Dmitry Birichevsky, Director of the Economic Cooperation Department of the Russian Ministry of Foreign Affairs. Russia may stop supplies to Europe before EU restrictions take effect.
Russia and China will discuss energy projects during President Vladimir Putin's two-day visit to Beijing, according to Russian Deputy Prime Minister Alexander Novak. Energy cooperation is a cornerstone of bilateral trade, and discussions will cover current progress and new potential projects.
Union Minister Hardeep Singh Puri assured stable fuel and cooking gas supplies, stating the country holds 69 days of crude oil and LNG reserves and 45 days of LPG. Daily LPG production has been significantly increased to 54,000 tonnes amid Middle East geopolitical tensions. Puri also echoed Prime Minister Modi's call for austerity to mitigate economic pressures.
India's monthly domestic urea production rebounded to 21 lakh tonnes in April, matching last year's level, after falling to 16 lakh tonnes in March due to the West Asia conflict disrupting LNG supplies. Natural gas supply has now been restored to 97%. Overall fertiliser stock stands at 193.8 lakh tonnes, representing 50% of the estimated demand of 320 lakh tonnes for the kharif season.
EV growth in the EU is accelerating as Iran war disruption to the Strait of Hormuz tightens global oil and gas supplies, driving fuel price volatility.
The country is rapidly moving to restart reactors as artificial intelligence increases electricity demand and foreign wars choke gas supplies.
The Italian prime minister is expected to visit Azerbaijan in the coming weeks to continue political dialogue and energy cooperation between Rome and Baku, with Azerbaijani gas supplies via the Trans Adriatic Pipeline remaining a key pillar of bilateral ties.
