Gazprom held auctions for winter gas delivery
Only a third of the total on offer went, but it was a significant move for the Russian company
Russian export monopoly Gazprom Export tried a new approach to gas sales in September: it held auctions for winter gas delivery (1 October to 31 March), with volumes on offer at two points. Only a third of the 3.2bn m³ total on offer went, but it was seen as a significant move and one that would be welcomed by traders, allowing new counterparties to acquire gas directly from Gazprom and so improving liquidity marginally. The European Commission is investigating Gazprom for allegations that it uses discriminatory pricing and that it has abused of its market position in the European Union’s gas markets, mainly in central and eastern Europe – the former Soviet bloc – where it traditionally domi
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
