Russia

E. ON and Lukoil Reservenefteproduct have closed contract for supplies of 2.21 billion cubic m of gas in 2013-2022

E. ON and Lukoil Lukoil Reservenefteproduct have closed a contract for supplies of 1.49 - 2.21 billion cubic m of associated oil gas from October 1st 2013 until December 31st 2022. They do not make public the volume of the transaction in cash. Payment will be executed for actual gas supplies. E. ON Russia cancelled the gas supply contract with Lukoil closed on May 29 2012. The point is the same contract that was moved by the oil company to a regional level.

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Ukraine has suggested to Japan to participate in the construction of its LNG terminal

The Ukraine has suggested to Japan to participate in the constuction of its LNG terminal on the Black Sea coast. The issue was discussed on Tuesday at the joint session of the coordination council for economic cooperation with Japan under the Ministry of Economy Development of the Ukraine and the commission for the business cooperation with the Ukraine of the Japanese Business Federation Keydanren. One of those who participated in the session was the Minister of Economic Development of the Ukraine, I. Prasolov.

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Lukoil can leave NNK developing project in Venezuela

The largest Russian private oil company Lukoil is going to sell its 20% shareholding in the National Oil Consortium LLC (NNK) developing Hunin-6 project in Venezuela. Last week Lukoil warned about its  intent to its partners in the consortium, Rosneft and Gazprom Neft. It’s connected with optimization of its assets portfolio. The sources of Kommersant claim that Lukoil is dissatisfied with the role of the financial investor with large capital expenses and ambiguous prospects of compensation. Lukoil values its shareholding at $200 million.

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In January – September, gas exports from Russia increased by 7.7% to 146 billion cubic m

In January – September, gas exports from Russia increased by 7.7% to 146.005 billion cubic m. In September, gas exports increased by 30.1 billion cubic m, including 5.633 billion cubic m of pipeline gas to far abroad, and 11.132 billion cubic m to close abroad including the Baltic states. In September, LNG exports were 1.131 billion cubic m.
Translated by Nadezhda Poltoratskaya       
Source: http://www.oilru.com/news/381940/

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In January – September, Russia increased production of oil, and gas , and decreased oil processing

In January – September, Russia increased the production of gas by 0.9% to 482.354 billion cubic m. Gazprom decreased gas production by 2.9% to 341.845 billion cubic m. In September, Gazprom extracted 37.845 billion cubic m, and 38.126 billion cubic m of consolidated production by ISA.
Novatek extracted 45.634 billion cubic m of consolidated production by ISA, including 4.859 billion cubic m in September.

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Within the last 2 years, Lukoil has extracted 2.2 million tons at the Caspian Sea shelf

Within the last 2 years, Lukoil has extracted 2.2 million tons at the Korchagin deposit on the Caspian Sea shelf. The company continues its intensification of production, opens new wells, and continues drilling. Daily production is 4,000 tons of oil now, the representative of Lukoil Nizhnevolzhskneft, A. Khodayev says.

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In January – September, Sakhalin Energy reduced LNG exports by 0.6% and in September Transneft reduced oil exports to far abroad by 2.9%

In January – September, Sakhalin Energy declined LNG exports by 0.6% to 10.3 billion cubic m, the Central Dispatcher Department of Fuel and Energy Complex reports.  In September, exports were 1.076 billion cubic m, compared to 1.112 billion cubic m in August.

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Gazprom searches for contractors for the construction of South Stream in Bulgaria and Serbia at the conference in Milan

Gazprom hopes to find main contractors for the construction of the European part of the South Stream before the end of 2013.
The deputy head of the department for project management of Gazprom A.Syromyatin said at the conference.

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Dvirkovich: Construction of the LNG plant of Rosneft in Sakhalin will be discussed by the relevant departments

The decision about construction of the LNG plant in Sakhalin by Rosneft will be made after the project is discussed by the companies and the corresponding departments, vice-PM Arcady Dvorkovich reported.
“Our energy companies discuss their plans with the Ministry of Energy in the framework of the special governmental committee discussing all the aspects connected with concrete projects. Sakhalin shelf projects are the priority. The terms of construction of the plant will be discussed by the companies and the specialized departments”, he said.

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Dmitry Medvedev to visit the oil platform in Astrakhan

Today Dmitry Medvedev will conduct a meeting in Astrakhan devoted to oil extraction in the Caspian Sea, subsoil use and hydrocarbons transportation.

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