Gazprom

Gazprom to start negotiations with future purchasers of LNG project in Vladivostok

Gazprom has started commercial negotiations with future purchasers of the liquefied natural gas (LNG), produced within the Vladivostok LNG project, the company’s Deputy Head Andrei Kruglov 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

Gazprom completes transaction on the acquisition of Kamchatgazprom

Gazprom has completed the transaction on acquisition of Kamchatgazprom, the gas company’s press center reports.
“92.25% of shares of Kamchatgazprom were transferred to the Gazprom’s personal account in the register of this company’s stockholders; earlier they belonged to Rosneftegaz,” – the report says.

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 monopoly was not slow to remind about a key principle of gas business

The principle of long-term gas agreements “take-or-pay” is a basis of gas business, the deputy head of Gazprom A.Medvedev said.
“It is possible to guarantee stable and safe supply of natural gas to consumers where there is long-term contracts, including “take-or-pay” terms,” Medvedev said.
According to him, spot price increases and it will exceed the cost on long-term contracts soon.

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 not afraid of “the shale bubble” in Europe

Gazprom believes in the prospects of European market for Russian pipeline gas and says, shale gas from the USA will be too expensive to be a good competitor, top managers of Russian gas holding claimed at international forums in Brussels and Amsterdam on Thursday.
Europe is the main consumer of Russian gas, though last year the purchases reduced due to the economic crisis. In 2012 Gazprom reduced gas export to Europe by 7.5% - to 138.8 billion cubic metres.
Nevertheless, in April the Head of Gazprom Aleksey Miller claimed, this year Gazprom is going to export more than 150 billion cubic metres (the level of the previous year) to Europe.
“We have no doubt that Europe will need additional gas… We are ready to supply as much as Europe needs or wants”, deputy Head of Gazprom Alexander Medvedev said at the international energy conference in Brussels.

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 can obtain access to OPAL

There is some progress in the longstanding argument between Gazprom and the European Commission about the access to the full capacity of the eastern branch of Nord Stream Trans-Baltic gas line – OPAL. The regulatory authority can free Gazprom from the Third Energy Package for 22 years. Russian party hopes to complete the negotiations by the end of June and obtain 100% of the pipe by the end of the year. However, experts believe, operation of OPAL will be more expensive than deliveries via Ukraine and can reduce the revenues of Gazprom.
Yesterday,the  Director of European Commission for Energy Philip Lowe reported, Gazprom can obtain preferences for OPAL gas line for 22-year period. During this term the Third Energy Package which doesn’t allow the monopoly to fill the pipe by more than a half won’t be applied to Gazprom. General Director of Gazprom Export Alexander Medvedev confirmed there appeared some progress. “I believe, common sense prevails and we’ll be able to use OPAL facilities to supply our consumers under the contracts signed before implementation of the Third Energy Package”. As told by Medvedev, the company expects the full access to the pipe by the end of the year.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

As of May the 29th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 434.9 thousand tons

As of May the 29th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 434.9 thousand tons

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 2013, Gazprom is going to get access to OPAL pipeline capacities

In 2013, Gazprom is going to get access to OPAL pipeline capacities for gas supplies under the contracts closed before coming into force of the Third energy package, the Deputy Chairman of Gazprom A. Medvedev says at the Eight international conference ‘Energy Dialogue: Russia – the EU. Gas aspects’.

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 doesn’t exclude that antimonopoly investigation of the European Commission started to decrease price of Russian gas

Gazprom doesn’t understand clearly the aim of the antimonopoly investigation of the European Commission and doesn’t exclude that it was started with aim to decrease prices of Russian gas with administrative measures, the Gazprom export’s General Director Alexander Medvedev announced today, speaking at the 8th international conference “Energy Dialogue: Russia and the EC. Gas aspects”.

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 does not carry out work on the pipeline via the Ukok plateau

Gazprom has not admitted the investment decision about the Altai pipeline via the natural park Ukok, no work is executed and no design financing is presupposed before 2015, the Deputy Chairman of Management Board of Gazprom V. Golubev says in his letter to the Ministry of Natural Resources; RIA News  possess a copy of the letter.
The pipeline was planned to be laid via the territory of Altai Mountains uniting West Siberian gas deposits with China. Multiple ecological and public organizations have been asking many years to change the route, leading it away from Ukok.

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 and Dutch GasUnie to sign a memorandum of cooperation today

Today, Gazprom and Dutch Gasunie will sign a memorandum of cooperation, the company’s representatives stated at the Energy Forum in Groningen (the Netherlands).
In early April, the companies signed a letter of intent. The document provides for cooperation between the companies to explore the possibility to expand the Nord Stream gas pipeline, and the implementation of other infrastructure projects in Europe to provide reliable supplies to the countries of North-Western Europe and the UK. The signing ceremony took place in Amsterdam in the presence of Russian President Vladimir Putin and Prime Minister of the Netherlands Mark Rutte.
Let’s recall, at the end of 2012, when the construction of the first two strings of the marine part of the Nord Stream was completed, the Gazprom’s Head Alexei Miller said that the partners in the Nord Stream consortium found that the construction of additional strings is expedient. At the beginning of April, Miller received approval for the further development of the project from President Vladimir Putin. The Great Britain was called the target market for expansion of the Nord Stream’s capacities.

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