Gas

The Ukraine increased natural gas import from Hungary 1.8 times in September

The Ukraine increased natural gas import from Hungary by 1.8 times to 238.2 million cubic meters in September against 131.2 million cubic meters in August. The Ukrainian freelance news agency reports citing the Hungarian gas transportation system FGSZ Ltd.
In the first half of August “Ukrtransgas”, the operator of gas transportation system of the Ukraine, carried out an operation on the expansion of carrying capacity of the gas corridor on the border with Hungary. So, the daily volume of pumping was increased by 60%. In July 2013 natural gas supply to the Ukraine from Hungary made up about 154 million cubic meters.
 

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Americans to move Russia into second place in World production of gas and oil

The shale revolution in the USA is payin dividends. At the end of this year or at the beginning of the next year Americans will become leaders in the World in total production of gas and oil, moving Russia into  second place. The corresponding forecast was published on site of the Wall Street Journal on October, 2nd.
Analysts of the Wall Street Journal predict that the USA will achieve the first place in the world in the total production of gas and oil. Today Russia is the leader at this rate, but in recent years the USA increases its oil production, first of all at fields in Texas and North Dakota; in addition, due to dramatic gas production because of the fast development of shale deposits the USA is gradually turning from the largest energy sources importer into an exporter. According to experts, Americans will completely stop to its import of oil by 2025 and will start to sell it abroad. In the recent five years, the import of crude oil into the USA fell by 15%, and the gas import by 32%. And this is happening not because of the consumption fall, but because of the increase of the domestic production.

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By 2022, KMG is going to increase oil reserves by 1.7 times to 1.4 billion tons

By 2022, KMG is going to increase the volume of itts proven oil and gas condensate reserves by 1.7 times from 823 million tons to 1.4 billion tons, the Vice CEO of the company, K. Iskaziyev says. They are going to beat the target because of additional oil exploration at larger depths than they used to explore before. For example, KMG is going to drill exploration wells with depth of up to 5.5-8 km at the deposits of Uzen and Karamandybas, compared to 2 km before. A large hydrocarbons concentration is epected at the Trias and probably the Paleozoic beds.

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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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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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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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Associated oil gas supplies by Lukoil to Sosnogorsk gas refinery will save enterprise from expensive reconstruction

Associated oil gas supplies by Lukoil to the Sosnogorsk gas refinery will save the enterprise from expensive reconstruction, the CEO of Gazprom Processing, Y. Vazhenin says. Now the resource base of the gas refinery includes the deposits in the final stages of development when the problems appear complicating the operation of the field objects, starting from the declineg in annual gas and gas condensate production and finishing with critical minimal pressure in the entrance of gas pumping aggregates and the utility for low temperature gas division. All this can lead to impossibility of the operation of the plant without expensive reconstruction of compressor and pressure-reducing valves from 2015.

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