Oil and Gas

Gabriel: an attempt to extend the third energy package on Nord Stream-2 undermines the credibility of the EU

Germany has no complaints about how Russia is implementing the Nord Stream-2 project.

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In 2017, Azerbaijan reduced oil export by 6%

In 2017, Azerbaijan exported 32 845 thousand tons of oil, which is by 6.1% less than in 2016, the country’s Government reports.

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Miller states that “gas corridor” through the Ukraine loses its efficiency

Gazprom’s head Alexei Miller has given an interview to journalists, in which he voices his assessments of the prospects for the implementation of the large-scale Nord Stream-2 project.

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Latvia can not force Gazprom to sell shares in local assets

Latvia has not yet found a way to make Gazprom fulfill the conditions of the Third Energy Package of the EU and withdraw from local gas companies.

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In January, Russian enterprises increased output of polyvinyl chloride by 14%

In January, production of unmixed polyvinyl chloride in Russia increased by 14%. The volume of the resin production was increased by all enterprises, the Market Report informs.

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Gazprom to start construction of a bend to Nord Stream-2 a year later than planned

Gazprom Invest is preparing to sign a contract for the supply of large diameter pipes for a gas transmission system, which will supply gas to the North Stream-2 gas pipeline.

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SOCAR Balkans to prepare FEED for project of construction of a new gas pipeline to deliver gas via Southern Gas Corridor to Albania

According to information posted on the official website of SOCAR, SOCAR Balkans (Balkan subsidiary of SOCAR) will carry out the first detailed design (FEED) of the construction of a new gas pipelin

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In 2017, Azerbaijan increased gas export by 10%

In 2017, Azerbaijan exported 8 859.7 million cubic meters of natural gas, which is by 10.1% more than in 2016, the country’s Government informs.

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Novatek signs agreement on understanding with Saudi Aramco

Novatek and Saudi Arabia's national oil company Saudi Aramco have signed a memorandum of understanding.

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Montenegro waiting for Azerbaijan's offer to participate in gas project

Montenegro relies on the experience of the Azerbaijani state-owned SOCAR in the field of gas supply, Economy Minister of Montenegro Dragitsa Sekulich said in an interview with Trend.

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