Gas

In H1 of 2013, Lukoil-Perm increased oil production by 3%

In the first six months of this year, Lukoil-Perm increased the oil production by 3% as compared with the same period of 2012, the enterprise’s press centre informs.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Influence of American revolution in production of nonconventional fuels may be not scary for Russia

Against the background of euphoria concerning the shale gas revolution, the emotional speech of President François Hollande was unexpected. “While I’m the President, shale gas won’t be developed,” – Hollande said flatly on July, 14th. The reasons are known - on the one hand, thepotential environmental impacts, with which France, according to its President, is not yet ready to cope. On the other - the saving of nuclear power plants in the country, which enables it to provide not only the energy needs of France, but also to share electricity with Germany and other countries of the Old World – the Nezavisimaya Gazeta writes.
 
 

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Russian Government to put up a gas bearing subsoil area in the Azov Sea for auction

The Russian  P.M. Dmitry Medvedev has signed a decree on the holding of an auction for right to use the Kurgan site in the Temryuksky Gulf of the Azov Sea for geological study of subsurface, exploration and production of hydrocarbon raw materials, the document, published on the site of the Cabinet of Ministers, says.
According to the decree, any person interested therein, engaged in business activities, can file an application in accordance with the established procedure and met the requirements for subsoil users in the areas of federal significance may take part in the auction.

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 – the monopoly to search for cheap money for South Stream from Vnesheconombank

Gazprom is joining the struggle for the pension funds in the Vnesheconombank’s Department following Russian Railways and the Federal Grid Company. As Kommersant has discovered, the monopoly wants to issue revenue-yielding bonds for 100 billion rubles to finance the Russian part of one of its most risky and expensive projects – the South Stream gas pipeline. Until now Gazprom hasn’t contended to have cheap and long-term state funding, but large-scale investment plans put increasing pressure the monopoly’s budget.
Kommersant has managed to become familiar with a letter of the Deputy Chairman of the Management and Senior Accountant of Gazprom, Elena Vasilyeva, sent to the First Vice Prime Minister, Igor Shuvalov on July 12th (at that time Vasilyeva was temporary acting Chairman of the monopoly’s Management). The Top Manager asks Shuvalov to entrust the federal executive authority and Vnesheconombank “to consider possibility” to invest pension funds into revenue-yielding ruble bonds of the monopoly to the amount of up to 100 billion rubles

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

The Ukraine is ready to increase gas pumping into the underground gas storages, but at the expense of “Gazprom”

The Ukraine is still determined to pump about 14 billion cubic meters of gas into the underground gas storages by the start of the heating season, but at the expense of “Gazprom”. The Minister of Energy and Coal Industry of the Ukraine E.Stavitsky said.
Official Kiev says that this volume will ensure continuous Russian gas transportation to Europe. “Gazprom” says there should be around 20 billion cubic meters of gas in the Ukrainian underground gas storages, RIA Novosti 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

The construction of Sila Sibiri to start after the arrangement of a settlement on gas supply with China

The construction of a gas pipeline Sila Sibiri will start after the arrangement of the settlement of the main terms of the gas supply to China and signing of the contractual obligations. The Deputy Chairman of the Board of Management of Gazprom, V.Markelov said on July 17th, 2013.
“Gazprom is committed to the principle that the gas is to be sold first and only then to be transported. Thus, the construction of the gas pipeline will start only after the reaching of the agreements with the partners, V.Markelov said. The gas pipeline Sila Sibiri is a large scale project, which requires fundamental investments.”

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 July, Naftogas intends to buy 1.5 billion cubic meters of gas from Gazprom

In July, Naftogas intends to buy 1.5 billion cubic meters of gas from Gazprom, the Chairman of the Ukrainian company’s Manaement Eugenie Bakulin reported to journalists on Wednesday.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Turkmenistan has activated negotiations about its gas supplies to Turkey

Turkmenistan has activated the negotiations about its gas supplies to Turkey. They remind of results of the state visit of the President of Turkey A. Gyul to Turkmenistan in May 2013. Turkmenistan possesses large energy resources. Turkey is eager to transport gas from Turkmenistan to Europe via its territory. The project of gas and power transporting lines in different directions are actual as well.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Naftogas to try to prolong Gazprombank’s loan of $2 billion

Naftogas Ukrainy negotiates with Russian Gazprombank on prolonging of a loan in the amount of $2 billion for five years, the Chairman of the company’s Management, Eugenie Bakulin stated to journalists on Wednesday.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Over 5.4 million tons of oil produced in the Irkutsk region

In the first six months of 2013, over 5.410 million tons of oil and over 1.508 billion cubic meters of gas were produced in the Irkutsk region. Thus, on the results of the first six months, amounts of produced oil and gas grew more than two times as compared with the first quarter.

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