European Commission has criticized South Stream

Tomorrow in the presence of the Prime Minister V. Putin, Gazprom is to sign a legally binding agreement of shareholders with the participants of South Stream – ENI, EDF and Wintershall – on their joining the project and the warranties of its launch. But  the document is being prepared under pressure from the part of the  European Union. The European Commissioner G. Ettinger called the project to be contradicting the interests of the EU and threatened Gazprom with contract problems if South Stream competes with Nabucco. Read more »

Fitch: Nord Stream to deprive gas operators of the Ukraine and Slovakia of 20% revenue from transit

Fitch expects the launch of the 1st branch of the gas pipeline Nord Stream to lead to the fall of the transit revenue of the gas operators in the Ukraine and Slovakia – Naftogas and Slovensky Plynarensky Priemysel (SPP) – by 20% in 2012, the agency reports.
The filling of the Nord Stream pipeline with process gas started on Tuesday at the compressor station “Portovaya”. 
At the present time the Russian gas is shipped to the Western Europe by 2 routes – via the territory of Belarus and then Poland and also via the Ukraine and then Slovakia, 2/3 of the supplies are done by the 2nd Read more »

A.Miller and P.Scaroni to discuss construction progress of South Stream

The chairman of the Board of Management of OAO “Gazprom” A.Miller and the chief head of ENI Paolo Scaroni discussed the progress of the gas pipeline South Stream's construction implementation, the press-service of Gazprom stated. The parties agreed that the implementation of the project is carried out in strict accordance with the scheduled terms. Read more »

Gazprom and Winershall AG discussed technologies in the sphere of hydrocarbon raw materials processing

The delegations of Gazprom OAO and the German company Wintershall AG in the structure of BASF Group concern visited Gazprom pererabotka OOO. Read more »

Nord Stream gas pipeline is connected to the OPAL in Germany

The last seam finally interconnects the gas pipeline Nord Stream from Siberia and the interconnecting European  gas pipeline  OPAL, the final weld was made on the receiving terminal in the coastal Lubmin town (Germany), German Wintershall reported.

 Thus, almost everything is ready to directly link the largest gas fields in Siberia to European consumers. Read more »

Analysis: Gazprom and Novatek might improve results by participation in Yamal project

The Yamal peninsula has large reserves of hydrocarbons. In the bordering water areas 11 gas and 15 oil and gas condensate deposits were discovered, the explored and preliminarily estimated (ABC1+C2) gas reserves of which make up about 16 trln cubic meters, the perspective and forecast (C3-D3) gas resources – about 22 trln cubic meters. The survey of V.

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Gazprom has started Prirazlomnaya platform tugging to the cognominal deposit

Gazprom has started Prirazlomnaya off-land ice-resistant stationary platform (MLSP) tugging to the cognominal deposit by the multi-functional ice-breaker ship Vladislav Strizhov and by transporting and tugging ships Kigoriak, Neptun and Iims. The tugging from the ship building dock in Murmansk to the deposit will last for 2 weeks. The length of the route is 1,200 km. Read more »

Gazprom: the construction of two drilling rigs for the Shtokman project are completed

  The construction and testing of the rigs "Polar Star" and "Northern Lights", designed to work at the Shtokman gas condensate field, are completed. This is stated in the message of Gazprom. In November 2007, in the result of an open tender of OOO Gazflot"(100 per cent subsidiary company of Gazprom ) and OAO  Vyborg Shipbuilding Plant signed a contract. Read more »

Gazprom completes construction of Prirazlomnaya platform

On August 9th in Murmansk a group of specialists of Gazprom OAO headed by the deputy chairman A. Ananenkov visited a branch of ship building plant Zvezdochka OAO to check the offshore ice-resistant fixed platform Prirazlomnaya. The President of “United Shipbuilding Corporation” OAO R. Trotsenko, CEO of Sevmash OAO N. Kalistratov, representatives of project and contract organizations also took part. The information agency of Gazprom OAO reported.
At the meeting headed by A. Ananenkov it was said that the construction of the platform is almost over. Read more »

Twenty ice-resistant platforms for oil extraction to be built in the Murmansk Region

It is planned to build 20 sea ice-resistant platforms for oil extraction and 50 ships for supplying these platforms in the Murmansk Region by 2020. The platforms can cost $20 billion and the ships – 1.5 billion more.

Gazprombank is expected to finance the project. Uralmash oil and gas equipment and Project Technologies company can participate in the building of the platforms. Singaporean Keppel FELS, Korean Samsung Heavy Industries and Chinese TSC Offshore may join the project as well. Read more »

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