Estonia

Six EU countries require lowering of G7 price cap on Russian oil

Six European Union countries called on the European Commission to decrease the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would decrease Moscow's revenues to continue the war in Ukraine while not causing a market shock. Cost caps on Russian seaborne crude in addition to refined petroleum items were set by G7 countries to suppress Moscow's. profits from oil trade and in this method limitation the nation's. capability to fund its invasion of Ukraine. Procedures that target incomes from the export of oil are. crucial considering that they lower Russia's single most important earnings.

Mining

Lithuania asks ICC to probe Belarus for supposed criminal offenses versus mankind

Estonia says China has actually not reacted to subsea cables probe request

Estonia's state prosecutor said China has actually not responded to a sixmonthold request for aid with an examination into a Chinese ship which Estonia suspects cut two of its subsea telecoms cables. The two cable televisions linking Estonia to Finland and Sweden were damaged on Oct. 7-8, and an Estonia-Finland gas pipeline was broken in what Finnish private investigators think might have been sabotage, hurting energy security and raising alarm bells in the larger region. Both Estonia, which is investigating the cables damage, and Finland, checking out the Balticconnector gas pipeline, have named the Hong Kong-registered container ship NewNew Polar

Oil & Gas

Some Urals flows to Asia diverted through Africa, India remains leading location

Balticconnector gas pipeline back in operation after damage

A Baltic Sea gas pipeline that was torn apart last year in an occurrence still under cops examination has resumed business operation as planned after months of repair work, operator Gasgrid Finland said on Monday. The Balticconnector subsea gas link between Estonia and Finland was seriously damaged in October together with 3 telecoms cables, injuring energy security and raising alarm bells in the broader region. I can currently confirm that Balticconnector is running usually, Gasgrid executive Janne Gronlund told . Some 60 gigawatt hours of gas would flow from Finland to Estonia on Monday, he added. Finnish cops have named

Natural Gas Utilities

Balticconnector gas pipeline will remain in commercial use again April 22, Gasgrid says

The damaged Balticconnector gas pipeline between Finland and Estonia will be in industrial usage once again on April 22, Finnish gas system operator Gasgrid executive Janne Gronlund told an industry conference on Wednesday. The Balticconnector subsea gas link in between Estonia and Finland was harmed in October along with 3 telecoms cables, hurting energy security and raising alarm bells in the broader region. At the minute we are commissioning the pipeline, and we expect that on Monday next week market participants can utilise Balticconnector again commercially, Gronlund said. During the winter, Finland was able to replace the damaged pipeline's capability

Greenpeace targets Russia-linked Baltic Sea fuel tanker