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. Last Updated: 07/27/2016

Gas crisis in Brief

Gas Resumes to Armenia

Russian gas shipments to Armenia resumed early Tuesday after Georgia finished repairing a damaged transit pipeline, a spokeswoman for the country's energy company said.

"The flow of gas to Armenia has been restored," said Tamuna Shoshiashvili, a spokeswoman for state-owned Georgian Oil and Gas Corporation.

The damage occurred in the town of Gardabani, about 40 kilometers south of Tbilisi. Gazprom ships its gas to Armenia through Georgia, which gets 10 percent of transit volumes as fees. Georgian Energy Minister Alexander Khetaguri said Friday that the repairs would take five days. (Bloomberg)

Upgrade for Gazprom Unit

BELGRADE -- Serbian gas distributor Srbijagas needs as much as 22 million euros ($29 million) to complete an overhaul of the country's largest gas storage plant in the northern town of Banatski Dvor, B92 TV said Tuesday, citing the company's chief executive.

The upgraded underground storage will have a daily output capacity of as much as 5 million cubic meters, enough to safeguard Serbia's domestic demand in emergencies, Srbijagas chief executive Dusan Bajatovic said, the station reported. In December, Serbia sold the Banatski Dvor facility to Gazprom.

With Russian gas supplies halted last week, Serbia has had to rely on supplies from Austria, Germany and Hungary. (Bloomberg)

Arcelor Plant Gets Gas

LONDON -- ArcelorMittal, the world's largest steelmaker, resumed production at its plant in Bosnia on Tuesday after Gazprom resumed gas supplies to the unit.

The plant in Zenica has restarted "major areas of steel production" after "improvements in natural gas supplies during the weekend," spokesman Arne Langner, based in Luxembourg, said in an e-mailed statement.

ArcelorMittal said Jan. 7 that it had suspended production at the plant after Gazprom cut off deliveries to Europe via Ukraine. (Bloomberg)