Gas

In Q1, Alliance Oil increased hydrocarbon production by 6% to 57.4 thousand barrels per day

In the first quarter of the current year, Alliance Oil increased hydrocarbon production to 57.359 thousand barrels of oil equivalent per day as compared to 53.932 thousand barrels in the same period of 2012, the company reports.

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Gazprom buys in Rosneftegaz the stocks of 72 gas distributors for 25.862 billion rubles

On April 9, Gazprom and Rosneftegaz closed the sales contract for the stocks of 72 gas distributors belonging to Rosneftegaz. The transaction is closed in accordance with the order of the RF Government signed on November 13 2010. The sum is 25.862 billion rubles.

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As of April the 9th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 424.3 thousand tons

As of April the 9th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 424.3 thousand tons

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In Q1, Chernomorneftegaz extracted 17,900 tons of gas condensate

In Q1, Chernomorneftegaz, a subsidiary of Naftogaz Ukraine extracted 17,900 tons of gas condensate, 2,100 tons of oil, the same as within the analogical period of the previous year. The plan for liquid hydrocarbons production was overfulfilled by 25% and 5% correspondently.
In 2013, Chernomorneftegaz is going to extract 57,600 tons of gas condensate, by 8.2% less than in 2012, and 8,000 tons of oil, by 10.3% less.

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The Ukraine to expect that a sea platform for LNG acceptance to arrive in the first 6 months of 2014

The Ukraine expects that the sea platform FSRU, on which an LNG terminal will be mounted, will arrive to the coast of the Black Sea in the first 6 months of 2014 and this will allow the country to receive liquefied gas, the Head of the State Agency of Investments and Management of National Projects Vladislav Kaskiv reported.

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In Q1, 2013, Irkutsk oil company increased oil and gas condensate production by 20%

In the first quarter of 2013, the Irkutsk oil company (INC) increased the oil and gas condensate production 1.2 times as compared to the same period of the last year to 669.3 thousand tons.
In January-March of 2013, the largest amount of liquid hydrocarbons was produced at the Yaraktinsk oil and gas condensate deposit – 600 thousand tons (+27%). Raw materials, produced at INC’s deposits, are supplied to the main pipeline of ESPO after treatment at oil processing unit and achievement of state standards.

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Signing of documents on two branches of Nord Stream postponed for 6 months

The Gazprom’s CEO A.Miller has written in his column that the company doesn’t plan to sign any transaction documents on the 3rd and 4th strings of Nord Stream during the next 6 months.
“The Yamal-Europe 2 project’s feasibility study will be completed before October; it will answer for the question about technical possibility and economical reasonability of this project,” – A.Miller stated.

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Naftogaz of Ukraine reduces its revenue from gas transit by 8.2%

In 2012 Naftogaz of Ukraine reduced its profit from transit of natural gas by 8.2%. As reported by the state holding, in 2012 gas transit made up 21.98% of the total volume of sold products against 21.04% in 2011.
In physical terms Naftogaz reduced transit of gas by 19.1% (19.937 billion cubic metres) compared to 2011 – to 84.261 billion cubic metres.

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The start of the construction of the TANAP gas pipeline scheduled for 2014

The start of the construction works within the implementation of the Trans Anadolu gas pipeline (TANAP) project is scheduled for 2014, the SOCAR’s Head Rovnag Abdullaev reported at the joint press conference with the Turkish Minister of Energy and Natural Resources Taner Yildiz.
According to him, currently negotiations are carried out, including the issue of the project financing.

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Total investment into raw material development of fuel and energy sector in Far East can reach 981 billion rubles up to 2025

Total investment to raw material complex development of fuel and energy sector in Far East can reach 981 billion rubles within 2014 – 2025. These parameters are admitted by the state program for Far East and the Irkutsk region development up to 2025, published by the Ministry for Far East development. The expenses will be 29.6 billion rubles from the federal budget, 1.8 billion rubles from the Russian regions, and 950 billion rubles from the legal entities.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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