Russia

Gazprom presents the plan of geological exploration of the shelf of Sakhalin to citizens of Okha and Nogliki

The public hearings about geological exploration at the territories of Nogliki and Okha regions took place on May 30 and June 3. The works will be conducted by Gazprom geological exploration Plc., the press service of Gazprom reports.
The first discussions took place in Nogliki and concerned the impact on the environment while constructing the exploratory well at South-Kirinskoye deposit in the water area of the Sea of Okhotsk in 2014. The process of construction presupposes the twenty-four-hour full complex of geological and technological control of the drilling process.

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Deutsche Bank and German companies may to upgrade gas transportation system of the Ukraine

Deutsche Bank and Germnay energy companies may fulfill the whole volume of work on upgrade of the Ukrainian gas transportation system, via which about 60% of the transit of Russian gas to Europe is carried out, the Naftogas Ukrainy’s Deputy CEO Vadim Chuprun stated to journalists on Monday.

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Novatek denies its participation in the purchase of Yuzhuralnickel

Novatek is not involved  in relation to the deal on sale of Yuzhuralnickel (Orsk, a part of Mechel), the Novatek’s press secretary Mikhail Lozovoy reported to the agency Prime.
Earlier, on Monday the press centre of the Orenburg region’s government reported that Yuzhuralnickel had found a new owner. A source, who is familiar with the situation, reported that a structure of Novatek may be the possible purchaser.

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Norilsk Nickel expects prices of metals to decrease by 9-12%

Norilsk Nickel has expected that in the second quarter prices of produced metals will decrease by 9-12% as compared to the first quarter of 2013, the Norilsk Nickel’s Deputy General Directors and Chief of the Economics and Finances Department Sergei Malyshev stated to journalists.
“The price trend in the second quarter is unfavorable. Today we expect that the prices will decrease by 9-12% depending on metal. Due to this we expect a strong impact on our rates in the 2nd quarter against the level of the last year and planned prices, determined for this year. We work on measures to decrease the impact of this negative factor,” – Malyshev noted.

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The largest gas and chemical complex in Primorye to be founded in Nakhodka

The project of construction of the complex for production of mineral fertilizers developed by National Chemical Group CJSC has been considered at the regular meeting of the community expert council for investments in Primorye, Senior deputy Head of the company Taras Ganaga reported.

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LUKOIL started a hauling of bearing units for ice-resistant fixed platform on the Caspian Sea

LUKOIL started a transportation of 2 supporting blocks for the offshore ice-resistant fixed platform for the deposit named after V.Filansky on the Caspian Sea. It was stated by the press-service of the company.
The weight of the 2 bearing units makes up about 5 thousand tons.

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Polymetal diversifies towards platinum

Polymetal Group acquired 75.01% shares of CJSC “Nevyanskaya Group”, which has a licence for geological exploration, prospecting and production at the Svetloborskaya site.
After the approval of the deal by the Governmental Commission for Control over Foreign Investments in the Russian Federation Polymetal bought 75.01% shares of Nevyanskaya Group from VTB Capital for $6.9 million, paid by monetary funds, plus interest, accumulated over the period, which started from the moment of acquisition of a share from VTB Capital at 7.25 percent of annual interest. It approximately makes up $0.2 million.

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Evraz considers delivery of rails from the RF to the USA

Evraz considers possible delivery of rails from Russia to the USA, the Head of the business development department of the railway rolled products division Yevgeny Alekseyenko said.

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Filling stations are ordered to add gas – compulsory gas supply to threaten them

The Government carries on attempts to develop the market of natural-gas-based motor fuel. Now all Russian stations must be equipped with autogas filling systems that may increase value of a station by 25% on the average. Oil companies are going to develop this segment, but they acknowledge that it’s impossible to re-equip all filling stations. But to date, penalties for gas absence at the filling stations haven’t been provided for.
Prime Minister Dmitry Medvedev has extended a list of minimal services, rendered at the filling stations: now autogas filling must be carried out there too, the Government reported yesterday. The Government considers that “the implementation of the order’s items will help to increase use of autogas as motor fuel that will positively influence the ecological situation along auto roads due to the fact that gas is more ecologically clean type of fuel”. The document was prepared by the Ministry of Energy. According to sources of the Kommersant, close to the Ministry, it wants the number of filling stations, which sell natural-gas-based motor fuel, will be 15-20%.

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Ministry of Natural Resources: Burning of APG in the RF will reduce to 11% in 2013

The Ministry of Natural Resources forecasts, by the end of 2013 burning of APG in the RF will reduce twice and amount to 11%. The statement was made by the senior deputy Minister of Natural Resources and Ecology Nikolai Popov on Monday.
Besides, the press service of the Ministry reported, Popov took part in the opening of the regional conference of Europe and Central Asia devoted to the experience of the RF government and oil companies in efficient use of APG. The conference is conducted in Surgut.

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