EGF Gazprom Monitor, Issue 139, December 2022

Key points:

• Europe:  Uniper and RWE launch arbitration cases against Gazprom
• Nord Stream: Canadian government reinstates sanctions against Nord Stream
• Moldova: Moldovagaz plans to direct supplies from Gazprom to separatist Transnistria, and use imports from Energocom in government-controlled Moldova; Moldovan electricity: Generated in Russian-backed separatist Transnistria at a power plant owned by a Russian power company subsidiary using Russian gas; The emergence of Energocom in the Moldovan gas business; Energocom purchases gas from "Mediterranean area" delivered via Trans-Balkan Corridor; Moldovan government announces plans to sue Gazprom
• Asia: Russian government sets value of stake in Sakhalin II LNG export terminal left by Shell
• Other: Gazprom announces results for first 11.5 months of 2022, up to 15 December — Exports to Europe on course to decline by 80 bcm (56%) year-on-year in 2022