Japan Oil and Gas

Saibu Gas to make decision on joint LNG-project with Novatek in 2019

Japanese Saibu Gas is studying a joint project with Novatek to sell liquefied natural gas to countries of the Asia-Pacific region. This was reported by Saibu Gas.

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Gazprom places bonds in yen for $574 million

Gazprom has placed bonds in yen in the amount of 65 billion yen (about $574 million), Denis Shulakov, first vice-president of Gazprombank, informed.

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Gazprom and Itochu to work together in the framework of the "Baltic LNG".

Gazprom and the Japanese Itochu Corporation have set out to work together in the framework of the Baltic LNG project.

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Japanese Itochu to establish activities in the oil and gas sector of Uzbekistan.

The Japanese Itochu Corporation may invest into methanol to olefins (MTO) processing projects in Uzbekistan, the press service of Uzbekneftegaz reports.

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In 2019 taxes from Sakhalin-2 to go to federal budget

When forming the budget code for 2019, the Government of the Russian Federation made a decision on the distribution of corporate income tax on the Sakhalin-2 project.

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Novatek interested in participation of large Japanese companies in Arctic LNG-2 project

This was reported by adviser to chairman of the company’s Board, former Russian Ambassador to Japan Evgeny Afanasyev.

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In 2019, AIOC to increase oil production at ACG block by 2%

Oil production at the Azeri-Chirag-Guneshli fields block (ACG) will be 30.9 million tons in 2019.

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Rosneft and Exxon to attract Asian partners to its LNG project

Rosneft and the American ExxonMobil will build an LNG plant in the Far East in alliance with partners from India and Japan.

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In August Japan reduces oil imports from Iran, Russia and Saudi Arabia.

In August Japan reduced oil imports from Iran by 31.7% to 143 thousand barrels per day compared to the same month in 2017, as evidenced by the data of the Ministry of Finance.

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