Novatek

Gazprombank sells 51% of Kriogaz-Vysotsk

On July 17, 2017, Gazprombank sold 51% of Kriogas-Vysotsk, reduced its share to 48.9825% from 99.9825%. This was reported by the Bank.

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Russian gas major companies to pay almost $9 bln of dividends for 2016

Russian oil and gas majors (nine companies) will pay $8.7 billion (594.6 billion rubles) as dividends for 2016, this follows from the materials of the nine largest companies of the fuel and energy

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Yamal LNG construction general contractor declares itself bankrupt, workers are promised to be paid in autumn 2017

The bankruptcy procedure began at Yamalspetsstroi - the company appointed an arbitration manager, who will conduct settlements with companies and persons to whom Yamalspetsstroy owes.

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IEA: gas production in Russia to grow to 685 bln cubic meters by 2022

By 2022, gas production in Russia will grow to 685 billion cubic meters from 645 billion cubic meters in 2016. This is stated in the forecast of the International Energy Agency (IEA).

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Growth of gas transportation tariff for independent producers not to take place

After several years of fighting with Gazprom and the tariff regulator, the independent gas producers have achieved a symbolic victory.

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In H1, Novatek reduced gas production by 8%

According to preliminary data, in the first six months of 2017 Novatek produced 31.04 billion cubic meters of gas, which is by 8% less than in January-June 2016, the company reports.

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NOVATEK is actively searching.

In order to maintain production the company is looking for investment objects.

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Novatek acquires 6.66% of SeverEnergia's authorized capital stock

On June 28, PJSC Novatek acquired 6.66% of the authorized capital of SeverEnergia LLC (Novy Urengoy).

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Russia can become the fifth large country in the world in LNG production after full launch of Yamal LNG

Russia will rise to the fifth place in the world for LNG production from the ninth one after the Yamal LNG project is launched at full capacity.

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In January-June, Rosneft reduced oil production by 0.5%

In January-June 2017, Rosneft reduced its oil production by 0.5% compared to the same period last year to 93.266 million tons, the Central Dispatch Department of the Fuel and Energy Sector reports.

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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

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