Oil

Uzbekistan to construct the second stage of Bukhara refinery before 2016

In 2013-2016, Uzbekistan is to construct the second stage of the Bukhara refinery costing $475 million, the information, published on site of the Ministry for Foreign Economic Relations, Investments and Trade, says.
The project of the second stage provides for the construction of facilities on the production of 960 thousand tons of gasoline, 706 thousand tons of diesel fuel and 250 thousand tons of jet fuel of the Euro-3 standard per year.

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Rosneft to exclude investment funds by consolidation of Taas-Yuryakh Neftegazdobycha

Rosneft intends to become the only owner of Taas-Yuryakh Neftegazdobycha. The state company, which has already owned 35.3% in this company, filed an application to the Federal Antimonopoly Service on the purchase of the other 64.7% from the other shareholders – Cypriot investment funds. Analysts don’t rule out that the consolidation may cost Rosneft $300 million that is less than the $444 million, which the company paid Sberbank for the blocking package. Rosneft plans to develop the large the Srednebotuobinsnkoye field, which belongs to Taas-Yuryakh Neftegazdobycha with its foreign partners.

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Belarusian refineries to receive oil from Russia in usual regime

To date Belarusian oil-processing plants have received oil in usual regime, a source in the oil-processing industry of Belarus reported, as the Interfax transmits.

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Upgrade of Ukrainian refineries to enable an increase in the depth of oil processing from 76% to 95%

The Ukrainian Ministry of Energy and the Coal Industry plans to coordinate the schedules of the upgrade of the country’s refineries before the end of the current year, the Business-Tass transmits, referring to information-analytical bulletin of the Ukrainian’s Cabinet of Ministers.
“The implementation of these projects will increase the depth of the crude oil processing at plants from 76% to 95%. This will allow us to increase the production of light oil products in the Ukraine from 63% to 80%,” – the report says.

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In Q1, Gazprom increased gas purchase costs by 8% to 137 billion rubles

In January-March, Gazprom increased costs for purchased gas and oil by 6% as compared with the same period of the last year to 187.28 billion rubles, the Russian gas holding company reports.
Gas purchase expenses grew by 8% to 137.173 billion rubles. This growth is mainly caused by the increase of price of gas, bought from foreign companies.

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Mangistaumunaigas to plan to carry out seismic survey at the Oimasha field

The oil-producing company Mangistaumunaigas plans to carry out 3D common depth point seismic survey at the Oimasha field.
Besides, the company designed a technical project of field 3D common depth point seismic operations and supervision during these operations at the Oimash field.
This project aims to to obtain state examination in the Ecology Department of the Mangistau region.

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Oil products export from Azerbaijan decreases by 2%

In January-August of 2013, SOCAR exported over 738 thousand tons of oil products to world markets that is by 2% less than in the same period of the last year, the company’s press centres reports.
In the first eight months of 2012, the company exported more than 753 thousand tons of oil products.

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The launch of Kara-Balta oil refinery is postponed for an indefinite term

The launch of the Kara-Balta oil refinery planned for August 31 2013 is postponed for an indefinite term. Technically, the plant is fully ready for the work but it has problems in legal issues and in documentation of the enterprise. Tomorrow the working commission with participation of the state representatives will solve this problem and choose the date for the launch of the oil refinery.

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SOCAR exports over 1.8 million tons of oil via Baku-Supsa

In January-August of 2013, SOCAR exported 1.837 million tons of profitable oil via the Baku-Supsa oil pipeline, the company reports.

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In the first 7 months of 2013, 46.6 thousand tons of crude oil produced in Kyrgyzstan

In January-July of 2013, 46.6 thousand tons of crude oil were produced in Kyrgyzstan.
In July of 2013, 7.8 thousand tons were produced.

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