Production and Refining

The Ukraine reduces gas imports from the European Union.

Procurement decreased by more than 25% year-on-year.

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Sberbank secures a footing in New Stream.

The Group's lender strengthened control over the Antipinsk oil refinery.

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Afipsky refinery receives hydocraking equipment with weight of 4,000 tons

The equipment for steam reforming for the hydrocracking complex under construction was delivered to the site of the Afipsky refinery. The cargo was shipped from Romania by sea.

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Assessment of oil exports from Russia in 2018 increased by 1%, to 255.7 million tons

The MED again raised the forecast for the growth of oil exports from Russia in 2018 by 1% compared with the July forecast.

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KOS expects to increase ethylene production to 654 thousand tons per year.

"Kazanorgsintez" (KOS, part of the TAIF group) continues to implement activities aimed at increasing the production of ethylene.

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Russia not decided on form of compensation for tax maneuver to Belarus

The Russian Ministry of Finance, together with the relevant agencies, continues to discuss possible compensation to Belarus in connection with the completion of the "tax maneuver," the he

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L.Fedun: We confirm tax maneuver although we don't like it

Lukoil doesn't agree with the final parameters of the "tax maneuver", which is planned to be completed in six years, but will not ask for additional support for refinerie

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SIBUR pays 107 million US dollars into the budget on a loan for the construction of ZapSibNeftehim.

SIBUR Holding has paid 107 million US dollars interest payments into the budget on a loan attracted from the National Welfare Fund (NWF) for the construction of ZapSibNeftekhim, TASS reports citing

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In the current year, investments in oil and gas chemical complex of Russia to be 190 bln rubles

The amount of investments into the oil and gas chemical complex of Russia in 2018 will remain at the level of last year and will make up 190 billion rubles, the TASS reports with refer

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Oil and gas chemistry as the driver of the economy.

Ministry of Energy of the Russian Federation expects that investments in the industry will grow to 200 billion rubles per year

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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