Gas

Russia to increase gas supplies to Italy three times

Alexei Miller, the Gazprom’s CEO and Paolo Scaroni, the ENI’s General Director held a working meeting on June 11 of this year, where they discussed the increase of gas supplies to Italy.
From year to year this country consumes more and more Russian gas that was also mentioned at the meeting. Italy is the second gas importer in Europe after Germany.

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 gas supplies from Georgia to Armenia are temporarily ceased due to repairs

The Georgian gas transporting company has officially noted ArmRosgazprom about temporal cessation of gas supplied to Armenia from 09:00, August 8, in connection with the planned repairs at Krasny Most gas measuring station  by the Georgian gas transporting company.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

BP makes public the data on the volume of production within the bounds of oil and gas projects in Azerbaijan

By now, Shakh Deniz gas condensate deposit has produced 43 billion cubic m of gas and 11 million tons of gas condensate. The deposit reserves are 1.2 trillion cubic m.
The contract for the deposit development was signed on June 4 1996. The participants in the project BP (the operator) with 25.5%, Statoil with 25.5%, NICO with 10%, Total with 10%, Lukoil with 10%, TPAO with 9%, SOCAR with 10 %.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Gazpromneft-Noyabrskneftegaz continues to implement APG utilization project

Gazpromneft-Noyabrskneftegaz (Gazpromneft’s subsidiary) has started to study possibilities of APG utilization at distant fields – at the Chatylinsk, Kholmistoye, Ravninnoye and Vorgensk fields.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Chernomorneftegas increases gas production by 35.5%

In the first seven months, Chernomorneftegas increased the production of natural gas by 35.5% or by 229 million cubic meters as compared with the same period, the enterprise’s press centre reported.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Shah-Deniz determines objectives in Europe – Gazprom is threatened with competition in Greece and Italy

The consortium of Shah-Deniz plans to conclude the first contracts on the supply of Azerbaijani gas to Europe via the TANAP-TAP pipeline system, which competes with the Gazprom’s project South Stream, in September. From 2018, these two gas pipelines will have to divide the gas markets in the Balkans and Southern Europe. According to analysts, Gazprom may feel sure in Bulgaria, but it will have to seriously struggle with Shah-Deniz for the Greek market and new supplies to Italy.
The consortium, which develops the Shah-Deniz gas field in Azerbaijan, is going to conclude the first contracts on gas supply to European customers in September, the Interfax reports, referring to a representative of BP (the project operator) in Azerbaijan. “The contract terms have been coordinated with a number of customers in Bulgaria, Greece and Italy,” – he said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

AMOK transfers over 1.2 billion cubic meters of associated gas to SOCAR

In January-June of 2013, AMOK transferred 1.21 billion cubic meters of associated gas from the block of fields Azeri-Chirag-Guneshli to SOCAR, BP-Azerbaijan says in its report for the first six months of 2013.
On the average, SOCAR received 6.7 million cubic meters of gas per day.

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 January – June, BP’s capital investment to Azeri-Chirag-Gyuneshli, South-Caucasian pipeline, Baku-Tbilisi-Ceyhan and Shakh-Deniz exceeded $2.2 billion

In January – June, BP’s capital investments into the Azeri-Chirag-Gyuneshli, South-Caucasian pipeline, Baku-Tbilisi-Ceyhan and Shakh-Deniz was $2.217 billion, BP-Azerbaijan states in its report for H1 2013. The company operates these projects. It invested $1.331 billion to Azeri-Chirag-Gyuneshli (the total plan for 2013 is $2.514 billion), $5 million to South-Caucasian pipeline ($13 million ), $26 million to Baku-Tbilisi-Ceyhan ($97 million) and $855 million to Shakh-Deniz ($2.134 billion).

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Eurochem plans to buy new gas asset

Eurochem plans to buy 100% of Astrakhan oil and gas company (ANGK), which owns the license for the right-bank part of the Astrakhan oil and gas condensate field. The purchase should increase the provision of the chemical holding company with its own raw materials.
The Federal Antimonopoly Service of Russia has decided to prolong the consideration of the request on the purchase of 100% of the Astrakhan oil and gas company’s shares by Eurochem for two months, the RIA Novosti reported on Tuesday, referred to the Service. At the same time, the Service noted that the requested deal might lead to a limitation of competition.

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 becomes the largest gas supplier to China, providing more than half of Chinese needs

The launch of a gas pipeline from Turkmenistan to China in 2009 allowed Ashgabat to achieve the desired goal to  rid of itself of  dependence on Russia and to find alternative markets for the huge energy reserves of the country. But at that time we didn’t know how dependent China would become on Turkmenistan.
 
According to the international oil and gas giant BP’s report, in 2012 Turkmenistan was the largest gas supplier to China, being ahead of its competitors and providing 51.4% of the China's import needs. Qatar, the second-largest supplier, sold three times less than China (16.4%). And with the start of extraction at the giant oil field Galkynysh, the supplies via the1833-km gas pipeline from Turkmenistan to China, which crosses the territory of Uzbekistan and Kazakhstan, will increase even more.
 
 

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