Gas leak kills 16 in South Africa
At least 16 people were killed after a suspected nitrate oxide gas leak in South Africa, local officials say.
At least 16 people were killed after a suspected nitrate oxide gas leak in South Africa, local officials say.
The so-called Persian Pipeline proposed in 2008 which was meant to supply gas from Iranian gas fields to European buyers was always the economically most viable.
Inflation is at a record high, fears of a recession are very real, and the euro is at parity with the dollar for the first time in two decades.
The recent developments have stoked concerns that the gas crisis is gaining dangerous momentum that could have unforeseen consequences for the economy in the wider canvas, and that governments are not moving fast enough to stop it.
Russian energy giant Gazprom has asked the Finnish state-owned energy company Gasum to give a response before May 20 regarding Russia's request to receive payments for gas in rubles.
Peskov also stressed that Moscow was not the initiator of such a development of the situation, since it was the Western states that unleashed an economic war against Russia, RT News reported.
If sources in the industry are to be believed, the minimum price of petrol and diesel may go up by Rs 5 a litre. It might go up as high as Rs 10 a litre if the tension between Russia-Ukraine does not ease by then.
Presently, more than 85 % of its oil needs and half of its gas requirements are met through import. Government has already managed to double its acreage through seven rounds of auction of oil acreage under the New Open Acreage Licensing Policy (OALP), the Minister said.
He reasserted South Korea's determination to reach net zero emissions by 2050, as stipulated in the national economic strategy developed in December 2020
The first string of the pipeline has undergone pre-commissioning activities to assure the pipeline integrity, while pre-commissioning steps for the second string are underway
