Gas

In H1, Gazprom increased gas export to the CIS and Baltic countries by 5.8%, to Western Europe – by 6.4%

In January-June 2018, Gazprom increased gas exports to the near abroad (CIS and Baltic countries) by 5.8% compared to the same period last year to 18.449 billion cubic meters, it follows from the q

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Russia may become the main supplier of gas to China in the future

Russia, which today jointly with China is implementing a project to build the Power of Siberia gas pipeline, may become the main supplier of natural gas to China, if Turkmenistan is unable to ensur

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Russian position on European gas market not to suffer because of definition of Caspian Sea status

The convention on the status of the Caspian Sea, signed last weekend by the leaders of five countries – Russia, Azerbaijan, Turkmenistan, Kazakhstan and Iran – will not affect the Russi

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Oil and gas industrial park to be built on Sakhalin

The creation of the park will reduce the costs of companies in the industry

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Gazprom increased LNG exports by 17.2% to 1.87 billion cubic meters in the first half of the year

In January-June 2018 export of liquefied natural gas (LNG) of Gazprom increased by 17.2% compared to the same period last year and amounted to 1.87 billion cubic meters, the company's report sa

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In H1, share of oil and gas incomes of Russian budget was 45.6%

In January-June 2018, oil and gas revenues of the federal budget of the Russian Federation amounted to 3.935 trillion rubles, increased by 1.047 trillion rubles, or by 36.2% compared to the same pe

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Fall in lira’s value may help SOCAR to extend business in Turkey

The weakening of the Turkish lira can help SOCAR in implementation of its plans to expand the business in Turkey, the Interfax Global Energy reports.

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In H1, oil products output in Tyumen region grew by 23.7%

In January-June, industrial production index in the Tyumen region was 108.3% compared to the same period in 2017.

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In H1 Polyom increases polypropylene production by 3%

Polyom, a joint venture of Titan, SIBUR and Gazprom Neft, implemented measures to increase the capacity of the polymerization plant, as a result, the production of polypropylene was increased.

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In January-July, SOFAZ’s income from sale of profit oil of Azerbaijan from Azeri-Chirag-Gunashli block and gas condensate from Shah-Deniz exceeded $5.6 bln

Revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profit oil from the Azeri-Chirag-Gunashli block of fields and gas condensate from the Shah-Deniz field in January-July 2018 amo

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