Russia boosted natural gas supplies to Germany by almost 50 percent in the second quarter, while Russia struggled with weaker demand from its former Soviet allies.
Gazprom PJSC’s deliveries to Germany jumped to 11.7 billion cubic meters compared with 7.8 billion a year earlier, the highest quarterly level since at least 2010. Source Bloomberg
Russia’s oil output may decline next year due to a global reduction pact, Energy Minister Alexander Novak said on Tuesday, possibly halting an uninterrupted decade-long run of growth. Source: Reuters
The U.S. State Department has approved a possible foreign military sale of the Patriot air and missile defense system to Turkey for an estimated total of $3.5 billion, the Pentagon said on Dec. 18. Source: Hürriyet Daily News
Belgian Prime Minister Charles Michel has offered his resignation just days after one of his main coalition partners quit in a row over migration. Source: BBC
