LNG

NOVATEK: 2020 will be difficult for the gas market

NOVATEK believes that 2020 will be difficult for the gas market and the entire oil and gas industry, including due to the situation with coronavirus in China, but believes in its stability.

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Nuclear icebreakers cannot solve the problem of LNG transportation via the NSR

Nuclear-powered icebreakers will not solve the problem of transporting large volumes of liquefied natural gas along the Northern Sea Route (NSR).

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LNG can replace petroleum products in the Arctic

In recent years, international requirements to reduce negative impact on the environment from shipping have been tightened.

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Turkey cuts purchases from Gazprom

Gazprom, despite falling prices and growing competition from liquefied gas, last year reduced deliveries to the EU by only 0.7% compared to the historical record of 2018 - to 175.8 billion cubic me

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Now USA wants to get Belarus addicted to its LNG

Washington has seen its advantage in differences that arose between Belarus and Russia over prices for Russian oil and gas supplies.

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Gazprom will sell gas to Europe again

Gazprom expects a wave of renegotiation of long-term contracts with its old customers in Western Europe, expiring in 2021–2024.

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In 2019, Russia’s revenues from export of oil decreased, and LNG – grew 1.5 times

In 2019, the Russia's revenues from oil exports decreased by 5.9% compared to the same period of the previous year to $121.444 billion, it follows from the Federal Customs Service’s messa

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US tries to lure Berlarus with LNG and Oil

Washington sees benefits in the disagreements that have arisen between Belarus and the Russian Federation over the price of the supplies of Russian oil and gas.

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Russian Energy Minister Alexander Novak: LNG pricing in the medium term may become a benchmark for gas market

The Energy Ministry of the Russian Federation believes that in the medium term, the pricing of liquefied natural gas (LNG) can become a benchmark for determining the cost of the entire gas market,

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Gazprom profits down for 2019 due to lower gas prices

Gazprom reduced it's profit in 2019 by 8%, to $ 21.4 billion, which looks like a good result against the backdrop of a fall in the average export price of gas by 17% - to $ 203 per thousand cub

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