Gas

As of December 1 Azerbaijan extracted 250 million tons of profitable oil from Azeri-Chirag-Gyuneshli - SOCAR

As of December 1st, 2017 the total volume of Azerbaijan's profitable oil, produced so far from the Azeri-Chirag-Guneshli (AChG) fields block, was 250 million tons, Khoshbakht Yusifzadeh, SOCAR

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Industrial inflow of natural gas obtained at the Minara area in Turkmenistan

An industrial inflow of natural gas has been obtained at the Minara area in the east of Turkmenistan. The Turkmen mass media reported this on January 3, 2018.

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Europe loses fight for independence from Russian gas

In 2017, the European Union hurled all efforts of its the Energy Unit into reducing its dependence on Russian gas, but the results so far turned out to be directly opposite.

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In 2017 Gazprom increased gas production by 12.4% - to 471 billion cubic meters

In 2017 Gazprom increased its gas production by 12.4% compared to the previous year - up to 471 billion cubic meters, Gazprom CEO Alexei Miller told reporters.

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Equatorial Guinea is interested in energy cooperation with Azerbaijan: ambassador in Baku

Equatorial Guinea is interested in cooperation with Azerbaijan in various fields, the ambassador of Equatorial Guinea to Baku Jose Esono Micha Akeng stated.

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In 2017, Gazprom increased gas export to far abroad by 8.1%

In 2017, Gazprom increased gas exports to non-CIS countries by 8.1% compared to the previous year's figure to 193.9 billion cubic meters, Gazprom’s CEO Alexei Miller told reporters.

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E.ON to sell share in Uniper, related to construction of Nord Stream-2, to Finish Fortum

The German company E.ON has decided to sell a stake in the German energy company Uniper, related to the construction of the Nord Stream-2 gas pipeline, to the Finnish energy concern Fortum.

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Bashkortostan offers Gazprom and the Chinese to build gas processing complex for 3 bln cubic meters

Gazprom together with a Chinese company can build a gas processing complex in Bashkortostan for the production of polyethylenes worth more than $2 billion.

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Ufa refineries of Bashneft aim to produce ethylene and its derivatives.

Bashkortostan is not going to sell its 25% stake in Bashneft, being satisfied with 10 billion dividends on them, the head of Bashkortostan Rustem Khamitov stated in an interview with "Gazeta.r

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Fitch: Limited funding and Western sanctions are the main threats to Russian LNG plans

Funding restrictions and Western sanctions are the main threats to progress in the production and export of liquefied natural gas (LNG) in Russia.

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