Russia

In the first 7 months, the Ukraine bought 11.52 billion cubic meters of gas for $4.8 billion from Russia

In the first seven months of 2013, the Ukraine imported 11.52 billion cubic meters of natural gas to the amount of $4.8 billion from Russia, the RBK transmits, referring to the report of the Ukrainian state statistics service.
On the whole, in the first seven months of 2013, the Ukraine imported 12.46 billion cubic meters of gas for $5.2 billion. Let’s recall, it was reported earlier in the eight months of 2013 the gas import from Russia decreased by 6.1 billion cubic meters (29%) to 15.3 billion cubic meters.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Transneft does not know the source for financing of ESPO increased capacity as yet

The increase of the capacity  of the ESPO pipeline system to 91 million tons will cost 258 billion rubles under the preliminary estimation, the Vice President of Transneft A. Sapsay says at the session devoted to Far East development held by the Ministry of Natural Resources and Ecology. He explains that enlargement of capacity of the system will need the broadening of ‘the west direction’ pipelines, the construction of pumping stations and other infrastructure projects, and a branch pipeline to the complex of the  Eastern Oil Chemical Company that Rosneft plans to build

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

On September 19, the daily gas output was 1.7633 billion cubic m in Russia

On September 19, the daily gas output was 1.7633 billion cubic m in Russia ,  the Central Dispatch Department of Fuel and Energy Sector reports. Gas production was 1,262.7 million cubic m in Gazprom, 162.4 million cubic m in Novatek, 250.5 million cubic m in oil companies and 35.1 million cubic m in other companies.
Translated by Nadezhda Poltoratskaya       
Source : http://www.angi.ru/news.shtml?oid=2804846

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

In 2012, Zarubezhneft’s profit decreased 3.5 times to 4.9 billion rubles

In 2012, the Russian state-owned company Zarubezhneft decreased its net profit 3.5 times to 4.9 billion rubles, the company’s annual accounting under RAS reports.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Investments into geological exploration of hydrocarbons in Eastern Siberia to increase by 5.5% in 2013

In 2013, the investments into exploration of hydrocarbons in Eastern Siberia will increase by 5.5% as compared with 2012 to 5.8 billion rubles, the Russian Minister of Natural Resources and Ecology Sergei Donskoy reported to journalists.
“A half of all costs for geological exploration on oil and gas is invested in Eastern Siberia. In 2012, the amount was 5.5 billion rubles and in 2013 it will be 5.8 billion rubles,” – he said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

RusPetro is not going to hold buyback in near time

RusPetro Plc is not going to hold buyback in near time, the chief of RusPetro for Investment Relations D. Manley says. The President and the co-owner of RusPetro is the former top-manager of FSC UES.
In June 2012, within 6 months after placement of a part of stocks within IPO at LSE, RusPetro announced about possible buying out of up to 10% of own shares, i.e. up to 33,338,148,000 shares, by minimal (nominal) price of 0.1 pounds.  Such opportunity is presupposed by the foundation documents and admitted by the annual shareholders session.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Polymetal stocks up on red metal

The company Vostochny Basis (Polymetal has 25% in its authorized capital) has won the contest on right to use subsoil with aim of geological survey, exploration and production of copper ore at the Tarutinsky site.
The area of the licensed site makes up 1.8 square km and is located 28 km from Chesma (the Chelyabinsk region). The infrastructure of the region, where the licensed site is located in, is well developed; a railway station is situated 20 km from it.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Gazprom Neft will pay mineral tax for gas as independent producer

Gazprom Neft will pay mineral tax for gas as independent producer . The State Duma Committee for Budget and Taxes has admitted such amendment to the law project, setting the formula for calculation of the mineral tax rate for natural tax extraction. On September 20, they’ll hold the second reading where the deputies agree with the Government to spread to Gazprom Neft the mode of independent gas producer. The Vice Minister of Finances S. Shatalov confirms that Gazprom Neft will pay as an independent producer. The new mineral tax formula will be applied from July 1 2014.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil reserves at sites of Eastern Siberia for exploration and production to make up 2.2 billion tons

Oil reserves at sites of Eastern Siberia and Yakutia, which are given to subsoil users for geological survey and production of hydrocarbons, are estimated at 2.217 billion tons, the Russian Minister of Natural Resources and Ecology Sergei Donskoy reported.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Daily extraction of oil and gas condensate in the RF makes up 1,440.4 thousand tons on September 19

 
On September 19 daily extraction of oil and gas condensate made up 1, 440.4 thousand tons.
Extraction of oil and gas condensate at the leading companies of the industry made up as follows:
Rosneft – 560.1 thousand tons;
Lukoil – 238.1 thousand tons;

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer