Russia Oil and Gas

Lukoil ships the 10-millionth tons from the field n.a.Filanovsky to Caspian Pipeline Consortium’s system

Likoil has overcome threshold of 10 million tons of oil shipped to the system of the Caspian Pipeline Consortium (CPC) from the field n.a. Vladimir Filanovsky.

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Tatneft conducts talks on participation in joint ventures in Kazakhstan, Uzbekistan and Iraq

Tatneft is negotiating to participate in joint projects in Kazakhstan, Uzbekistan, Iraq, the press centre of the company said following results of the Board of Directors meeting on Saturday.

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Gazprom acknowledged that LNG is its competitor on European market

The main rival of Gazprom in the struggle for the European market can be liquefied natural gas.

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Over the week, vertically integrated companies sold over 376 thousand tons of petroleum products on commodity exchange

The Energy Ministry of Russia has held a regular meeting of the headquarters for monitoring of production and consumption of petroleum products.

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Gazprom and Lukoil discuss creation of joint venture for development of Vaneivisskoye and Layavozhskoye fields

Gazprom and Lukoil continue to prepare for implementation of a project for a joint development of the Vaneivisskoye and Layavozhskoye fields in the Nenets autonomous district.

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Lukoil: Russian equipment is 3 times cheaper, but we have to use foreign one too

Lukoil has learned to work under sanctions, the company notes that cost of domestic equipment is up to 3 times lower than foreign one.

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Russian Government exempts shelf exploration from fuel duty

The Cabinet of Ministers is considering amendments to a bill that will exempt the Russian offshore exploration from payment of export duties on fuel, which is used for works outside the territorial

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Gazprom may switch to rubles and yuans in settlements with China

Deputy chairman of the Gazprom’s Board Andrei Kruglov said on Friday that the holding company was studying issue of transition to national currency in settlements with China.

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Wintershall calls possible amount of Nord Stream-2 financing in 2019

The German oil and gas company Wintershall can allocate €330-335 million to finance theconstruction of the Nord Stream-2 gas pipeline in 2019, Wintershall’s head Mario Meren told re

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The Ministry of Energy of the Russian Federation expects that Moscow and Kiev agree on the transit of gas after 2019.

The final trilateral meeting with the participation of the EU can be held in September-October, the Deputy Minister Anatoliy Yanovskiy states.

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