Gas

Russia to eliminate critical dependence on import of LNG equipment in 6-7 years

Russian companies will be able to eliminate critical dependence on foreign equipment in the field of large-capacity natural gas liquefaction (LNG) in the next 6-7 years.

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Construction of gas pipeline from Russia to China to be moved from territory of Ukok high plain

The Russian President Vladimir Putin supported the idea of building a gas pipeline from Russia to China across Mongolia. Previously its laying across the Ukok high plain was discussed.

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In 2018 SOCAR spent about $70 million on purchase of 4 vessels

SOCAR (State Oil Company of Azerbaijan Republic) has spent 115 million manats ($68 million) on purchase of 4 vessels since early 2018, the company said in its financial report for 2017.

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Gazprom and South Korea resume negotiations on construction of gas pipeline through North Korea

Gazprom and South Korea have resumed negotiations on construction of a gas pipeline through North Korea, deputy chairman of the gas holding company’s Board Vitaly Markelov reported to journal

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Rasmussen: Nord Stream-2 is a disaster for Europe

According to former Prime Minister of Denmark and former NATO Secretary General Anders Fogh Rasmussen, the implementation of Nord Stream-2 will have catastrophic consequences for Europe.

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Gazprom doesn’t rule out possibility of gas purchase from Rosneft’s projects in the Far East

Gazprom hasn’t exclude the option of buying gas from Rosneft's projects in the Far East, chairman of the Gazprom's Board Alexander Medvedev said at the press conference.

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Gazprom doesn’t rule out supplies from Iran to India

Gazprom has intended to prepare documentation on participation in Iranian projects. This was reported by deputy chairman of the gas holding company’s Board Vitaly Markelov on Friday.

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Since the beginning of the year, Sibneft-Chukotka produced over 12 mln cubic meters of gas

Sibneft-Chukotka, the only gas production enterprise in the Chukotka autonomous district, has received 12.392 million cubic meters of gas since the beginning of the year.

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In 2017, Surgutneftegaz launched 5 fields and plans to start production at four more in the next 3 years

In 2017, Surgutneftegaz launched five deposits: n.a. I. N. Logachyov, Sakhalinskoye, South-Konitlorskoye, n.a. A. V.

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Surgutneftegaz produced 60.5 mln tons of oil in 2017

Last year, Surgutneftegaz reduced oil production by 2.1% compared to the result of 2016. The volume of oil extracted in 2017 amounted to 60.5 million tons.

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