Production and Refining

Daily extraction of oil and gas condensate in the RF makes up 1,440.4 thousand tons on September 19

 
On September 19 daily extraction of oil and gas condensate made up 1, 440.4 thousand tons.
Extraction of oil and gas condensate at the leading companies of the industry made up as follows:
Rosneft – 560.1 thousand tons;
Lukoil – 238.1 thousand tons;

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TNNTs working at the project of high viscosity oil extraction at Van-Yoganskoe deposit

The specialists of Tyumen Oil Scientific Centre LLC (TNNTs, the subsidiary of Rosneft) in the department for geology and development of Varieganneftegaz deposits are working at the project of experimental-industrial development of high viscosity oil at Van-Yoganskoe deposit.

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Gas production at Umid has reached 180 million cubic m

Gas production at the Umid deposit has reached 180 million cubic m since the start of operation, the Vice President of SOCAR H. Yusifzade says. Gas condensate production within the period was over 26,000 tons. The deposit exploitation began in September 2012. Its reserves are 200 billion cubic m of gas and 40 million tons of gas condensate.
On November 24 2010, SOCAR announced about discovery of the Umid large gas deposit in the Azeri sector of the Caspian Sea. This is the second largest gas deposit after Shakh-Deniz, discovered within the era of independent Azerbaijan.

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Gelling agents are used at the Uzen field to increase oil extraction

The gelling agents are used at the Uzen field during repair works to increase the oil extraction.
“On the average, this method enabled to decrease the wells watercut by 13% and to receive the oil production growth in the amount of about 3.2 tons per day from 1 well,” – the Chief of KazNIPImunaigas Aigul Abitova noted, speaking at the regional alignment meeting on issues of the oil industry development that took place in Aktau.

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Gas from Azeri Shakh-Deniz will be transported to Western Europe

They have elaborated the contract with the European consumers within the second stage of the Shakh-Deniz gas condensate deposit development. Gas will be supplied by Trans-Adriatic pipeline (TAP) via Greece, Albania, and the Adriatic Sea to Western Europe. The pipeline’s capacity will be 10 billion cubic m a year with possible broadening to 20 billion cubic m.

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Oil extraction in Azerbaijan falls since June

For the first 8 months of 2013 oil extraction in Azerbaijan has reduced by 1%, having made up 29.121 million tons.
Analyzing the volume of monthly extraction this year, the peak result was fixed in May - 3.816 million tons. Since then reduction of oil extraction in Azerbaijan has started: in June – 3.687 million tons, in July – 3.668 million tons, in August – 3.643 million tons.

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TMK-Kaztrubprom will supply premium pipe products for Zhaikmunai company

TMK-Kaztrubprom will supply premium pipe products for Zhaikmunai company. The enterprise is located in the city of Uralsk in Kazakhstan. Zhaikmunai is a Kazakh oil company engaged with oil and gas extraction, transporting, primary refining and sales at 4 deposits of the West-Kazakhstan region. The main asset of the company is the Chinarevskoye deposit located in 80 km to Uralsk.

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Kazakhstan tries to decide where to build the fourth oil refinery

On September 18th, the Minister of Oil and Gas of Kazakhstan, U. Karabalin claimed that they have not made the decision about the location of the fourth oil refinery. He states that construction of a plant is a long process and needs elaboration of the concept and selection of the customer. He confirms the need for the construction of the new plant at the same time. ‘If anybody extracts crude oil here, transports to Europe, refines it there, why not leave and refine it here gaining a profit?

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SOCAR Vice-President S. Gasymov: new oil and gas project will not negatively influence the company’s rates

The realization of the projects of the second stage of Shakh Deniz gas condensate deposit development, the broadening of South Caucasian gas pipeline, TAP and  TANAP pipelines construction should be regarded in their context, without their negative influence to the company’s rates, SOCAR Vice-President S. Gasymov says. In his opinion, it’s important to remove their negative influence to the company’s rates, and to make their influence only positive. To achieve that, SOCAR has held talks  with Fitch, Moodys and Standard & Poors. They are eager to realize the project with participation of the state. SOCAR has invested up to $50 million to TANAP. The share of Azerbaijan in the project will be financed either via enlargement of authorized capital of SOCAR or via participation of the corresponding state structures in the project.

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Gazprom will get new licenses in Tajikistan

The Gazprom delegation represented by the Chairman of Management Board, A. Miller and the CEO of Gazprom International, V. Gulyayev has visited Tajikistan today. During the visit, Mr. Miller has held a working meeting with the President of Tajikistan, E. Rakhmon.
The sides discussed bilateral cooperation in the energy sphere. In particular, they positively evaluate the work of Gazprom in geological exploration in Tajikistan. By now Gazprom has completed the drilling of super-deep prospecting and evaluation well at Shakhrinav-1p and began its testing. Besides from that, they stated that validity of the licenses for hydrocarbons prospecting and exploration by Gazprom was prolonged by 5 years. The sides agreed that in near time Gazprom will be granted the licenses for new perspective sites in Tajikistan.

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