Import Substitution Oil and 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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Rostech and Gazprom Neft to introduce digital management systems for deposits

Gazprom Neft and the company Management Systems (part of Rostech) will work on the development and implementation of digital technologies for the implementation of major projects.

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Gazpromneft’s Board of Directors considers measures to minimize share of import purchases

Gazpromneft’s Board of Directors has considered information on the company's activities aimed at implementation and growth of the share in the procurement of Russian products and solution

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Severstal starts deliveries of unique cryogenic steel for LNG plant

Severstal started shippping structural elements of the LNG storage tank made of cryogenic low-carbon steel with a 9% nickel content. This was reported on May 24, 2018.

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Share of Russian equipment for refineries can be increased from 30% to 80%

According to Gazpromneft’s estimates, domestic producers of equipment for oil refining complex can increase supplies from the current 30% to 80%.

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Russia has spent 120 bln on import substitution projects

According to the Russian Ministry of Industry and Trade, the state has spent 120 billion rubles on import substitution projects since 2014.

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Rosneft creates a unique software package for geological modeling

Specialists of RN-UfaNIPIneft, a part of Rosneft's research and design complex, developed a prototype of a software package for geological modeling RN-Geosim, which uses advanced information te

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By 2020, 97% of Transneft’s equipment to be manufactured in Russia

93% of the equipment for Transneft will be manufactured in Russia. This was announced by head of the company Nikolay Tokarev at the meeting with the Russian President Vladimir Putin.

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How US and European sanctions to influence oil production in Russia

Sectoral sanctions by the USA and the EU against Russia have led to freezing of more than 10 offshore oil projects and thesuspension of work at several shale sites.

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Single centre created in Russia for oil and gas import substitution

The Russian Ministry of Industry and Trade has planned the consolidation of all projects of oil and gas corporations on import substitution on the basis of a single site.

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