Gas

Independent gas producers can lose their competitive advantages to Gazprom

The Government discusses possible granting to Gazprom of the right to sell gas to the industrial consumers at a price of less than 5-10% of FST regulated price, the director of the Federal Tariffs Service S. Novikov says. It will reduce the competitive advantages of the independent gas producers against Gazprom.

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Turkey permits Russia to carry out geological exploration for the South Stream project

Turkey has permitted Russia to carry out geological exploration in its economic zone in the Black Sea within the implementation of the South Stream project, President of Turkey, Abdullah Gul reported to his Russian colleague Dmitry Medvedev during the phone talk, the Ukrainskaya energetika transmits, referring to the Kremlin’s press centre.
Gul stated that the Turkish Government made all necessary solutions on granting permissions for geological exploration for the gas pipeline construction. Medvedev expressed his gratitude and said that this decision will help the further strengthening of strategic character of the Russian-Turkish relations.

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The Ministry of Natural Resources and Ecology forecasts discovering of dozens of Siberian deposits

Prime Agency has reported on October 23 referring to the Deputy Minister of Natural Resources and Ecology D. Khramov that up to 30 large oil and gas deposits can be discovered in Eastern Siberia. He claims that their reserves can vary in 30-300 million tons of hydrocarbons.

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Gazprom will restart gas supplies to Mosenergo after 2015

Gas from the Yamal Novoport deposit will be supplied to the Sole gas supplies system (ESG), Gazprom Neft reports after the session of the Board of Directors. They have admitted it reasonable to adjust deposit to the transporting pipelines of Gazprom GTS via Yamburg compressor station. Gazprom Neft should provide before November 30 2013 coordination of the technical conditions for adjustment of the Novoport deposit to the ESG.

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Gazprom's gas price will be bound to Singapore oil products basket

Gazprom and CNPC negotiations about gas supplies to China has not entered the final stage as yet. Yesterday  the sides succeeded at the negotiations in Beijing only in binding of the contract to the oil products basket in Singapore instead of gas price in the USA, on which China insisted. However, in fact, the negotiations returned to the stage that had been achieved by the beginning of the year. The key point of the correlation between the prices of the oil basket and the contracted gas price has not been settled.

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As of October the 22th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 451.9 thousand tons

As of October the 22th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 451.9 thousand tons

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As of October the 22th of 2013, the volume of daily production of natural gas in the Russian Federation made up 2 057.9 million cubic meters

As of October the 22th of 2013, the volume of daily production of natural gas in the Russian Federation made up 2 057.9 million cubic meters

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The final decision about access of Zarubezhneft to independent shelf operation has not been admitted as yet

The final decision about access of Zarubezhneft to independent shelf operation has not been admitted as yet whereas the company has the grounds for that in the opinion of the state authorities, the Deputy Minister of Natural Resources and Ecology D. Khramov says. They have already received applications for the shelf sites from the company.
Zarubezhneft  will get the shelf licenses after completion of attesting of its subsidiary Arcticmorneftegazrazvedka for the work at the Arctic shelf. Currently only Gazprom and Rosneft have access to shelf.

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Gazprom introduced LNG plant draft to Japan

In Vladivostok, “Gazprom” introduced the project of “Vladivostok-LNG” plant by means of 3D model to the potential customers and partners from Japan.
As they said in “Gazprom transgas Tomsk” Ltd, the start of supplies from the first line of the plant is expected in 2018, from the second line – in 2020. The capacity of each line is going to make up 5 million tons a year. The further expansion of the plant is possible in future. It was noted during the presentation that LNG market in Asian-Pacific region is more capacious and most fast-growing in the world. One of the main consumers on the APR market is Japan.
One of the key advantages  of the “Vladivostok-LNG” project is a significant reliable resource base. At present gas reserves of “Gazprom” (A+B+C1+C2 cat.) at Sakhalin, Yakutsk and Irkutsk gas production centres exceed 4.6 trillion cubic meters. The company keeps up the large scale geological exploration operation at these regions.

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Raw material advance – China to be ready to give more and more money to Russia

The visit of the Prime Minister Dmitry Medvedev to China has become, as a matter of fact, a presentation of the large-scale energy alliance between Russian and China. The Chinese party is ready to allocate more tens billions of dollars to Russia upon the promise of oil, gas and electricity supplies. However, only oil contracts look confident now, and none of the parties name the price, the concessions or the discounts on Moscow’s part in exchange for the money flow from Beijing. At the same time, the experience of the first oil agreements shows that the outwardly generous Chinese in fac fight for every penny.
The visit of Dmitry Medvedev to China, started yesterday, has become the first for him since he headed the Government in May of 2012. The day before, interlocutors of  Kommersant in the Government said that one of the Prime Minister’s main tasks during the negotiations with the Chinese would be diversification of the turnover of goods. Since 2009, China is the largest trading partner of Russia. At the same time, the goods turnover structure more and more fixes the status of Russia as a mere supplier of raw materials to China. Thus, in 2012 the goods turnover grew to $88.16 billion, and the Russian export made up $44.15 billion. But the share of machines and equipment was only 0.7%, and remaining export was mineral raw materials (hydrocarbons made up almost 69%).

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