Oil and Gas

Financial institutions of Germany and Sweden intend to take part in financing of Yamal LNG

Financial institutions of Germany and Sweden plan to join the financing of the Yamal LNG project.

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Transneft completes extension of Skovorodino-Mohe

Transneft-Vostok is about completing the expansion of the ESPO’s Skovorodino-Mohe bend the capacity to 30 million tons of oil per year.

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In January-April, Russian enterprises reduced production of polypropylene by 3%

In total, 464.9 thousand tons of polypropylene were produced. In April, the volume of the output made up 110.6 thousand tons, in March - 119.6 thousand tons.

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Omsk oil refinery plant has started equipment installation of deep oil processing unit

The assembly of the large-size equipment at the site of construction of a deep oil processing unit of the Omsk oil refinery plant.

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Capacity of Kazakhstan-China gas pipeline increased to 10 bln cubic m a year

A high-tech gas compressor station Karaozek has been constructed at the 944th km of the Beyney-Bozoy-Shymkent gas pipeline in the Kyzylorda regon of Kazakhstan.

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The Ukraine increases gas pumping into underground storages

From the start of the injection season, the Ukraine pumped 1 688.82 million cubic meters of gas into its underground gas storage facilities and increased the pumping to 64.65 million cubic meters p

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Russneft plans to allocate $40 mln for dividends for 2016

The Russneft’s Board of Directors has recommended paying dividends for 2016 on preference shares at the rate of $0.40803 per share to the amount of $40 million, the company reports.

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NCOC prepares to develop Kalamkas-Sea and Hazar in Kazakhstani sector of the Capisan Sea

North Caspian Operating Company (NCOC) prepares to develop new deposits in the Kazakhstan sector of the Caspian Sea. This was reported by technical director of NCOC R.

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In 2017, Russia can reduce oil export by 4 mln tons

In 2017, Russia plans to reduce oil exports by 4 million tons. This was stated by the Minister of Fuel and Energy Alexander Novak.

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Chinese CNPC to invest $ 2 billion into Peru.

China's largest oil and gas state company CNPC will invest $ 2 billion into the development of oil and gas block No.58 in the south of Peru, Reuters informs.

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