Early!In the first half of the year's net profit, the total two years ago, Russian qi: the first time the annual dividend is achieved!Russian gas executive: Europe has no choice except Russia's natural gas

According to CCTV News quoted Tas News on September 27, the net profit of Russia's Natural Gas Industry Co., Ltd. (Russia Gas) reached 2514 billion rubles according to the International Financial Report Guidelines in the first half of 2022. This number was 2.6 times the same period last year, and exceeded the sum of the previous two years of Russian Qi Company.

The Tas Society quoted Famil Sadigff, the vice chairman of the board of directors of Russia, saying that the main reason for the rapid growth of profits was the average price of natural gas exported by Russian gas in the first half of this year. The average price of natural gas exported to CIS is 3.5 times the same period of 2021.

Sadigf said that Russia can achieve the annual dividend for the first time. It is reported that according to the company's current dividend policy, the total profit of the dividend in the first half of the year was about 2416 billion rubles, with an average of about 51.03 rubles per share. On August 30, the board of directors of the Russian Qi Company had submitted the annual dividend suggestion. According to the plan, the company's shareholders will meet on September 30 to discuss specific dividends.

Russia's capital Moscow, office building of Russian Natural Gas Industry Co., Ltd.. Picture source: Xinhua News Agency

Russian gas executive: Europe has no choice except Russia's pipeline natural gas

According to CCTV news, since the outbreak of Russia and Ukraine, the European Union has followed the US sanctions on Russia and decided to gradually reduce imported Russian energy.

However, the European Union has long relying on Russia's energy supply and affected by the effects of sanctions, and Europe is deeply trapped in the energy crisis. On the 15th local time, a executive of Russia's Natural Gas Industry Co., Ltd. said that there was no other appropriate alternative except Russia's pipeline natural gas.

The start of Russia's "Beixi-2" natural gas pipelines can alleviate the energy crisis of Europe, but this plan has been resisted by some politicians in Europe.

It is understood that the "Beixi-2" natural gas pipeline was completed last year. The annual transportation capacity of natural gas was 55 billion cubic meters. However, the pipeline was not put into use due to the suspension of the pipeline project in Germany.

The "Beixi" natural gas pipeline terminal taken by Lubming, northern Germany. Photo source: Xinhua News Agency (picture of Beixi Company)

up to date! "Beixi" operation company has confirmed that natural gas pipelines have been destroyed, and European natural gas rose by 9%

According to CCTV News, on September 27th local time, Nord Stream AG, which is responsible for the construction and operation of the "Beixi" natural gas pipeline, stated that the three branches of Beixi natural gas pipelines were also destroyed at the same time. When it is restored to the gas supply, it cannot be predicted.

On the 26th, Russian media reported that "Beixi-1" and "Beixi-2" natural gas pipelines had an accident. According to preliminary estimates of Russian energy security experts, these two pipelines have been destroyed, and the two pipelines will take several months to repair these two pipelines.

In addition, the German Ministry of Economic Affairs said on the morning of September 27 that the "Beixi-1" natural gas pipeline had a decline in pressure. The German side stated that the investigation is currently underway and is still unclear why the pressure decreases. However, relevant departments stated that they will not affect the security and the environment, and it is unclear for the specific reasons for the decline in pipeline pressure.

"Beixi-1" and "Beixi-2" natural gas pipelines are two pipelines that transport natural gas from Russia to Germany from Russia. The "Beixi-2" pipeline was not put into use after completion. Due to maintenance of the "Beixi-1" pipeline, it has also been suspended to Germany. However, both pipelines are full of natural gas.

As of press time, the intercontinental exchange (ICE) benchmark Dutch TTF natural gas futures, which is regarded as the "European Natural Gas Vane", has risen by 9.3%to 190 euros/MW.

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