Russia Oil and Gas

In 2013, Sakhalin Energy reduced oil production by 1.8%

In 2013, Sakhalin Energy, the operator of  Sakhalin 2 project reduced oil production and dispatch from the Prigorodnoye terminal by 1.8% to 5.4 million tons. LNG yield was 10.8 million tons compared to 10.9 million tons the year before. Last year Sakhalin Energy dispatched LNG to Japan, Korea, and Taiwan. The company transferred to Russia as royalty 1.439 billion cubic m of gas compared to 1.105 billion cubic m in 2012.

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Kazakhstan is considering the export of oil through Batumi in the case of sanctions against Russia.

The Ministry of Oil and Gas of Kazakhstan is considering the possibility of transporting oil through the port of Batumi in the case of Western economic sanctions introduction against the Russian Federation, Uzakbai Karabalin, the head of MNG, stated on Monday.
"It’s a little bit more of a question for the Ministry of Foreign Affairs, what will happen (in case of sanctions against Russia), but nevertheless we certainly can not just sit, relax and wait what will happen. In fact, it is in the mind of every professional, especially, of course, in the government agency.

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In 2014, Transneft to increase the acceptance of sour crude oil by 2.5-3 million tons

In 2014,a further increase of of sour crude oil by 2.5-3 million tons is predicted, the deputy vice president of Transneft, Igor Katsal stated at the forum Petcoke -2014. In 2013, growth of sour crude oil in the pipeline system was 4.9 million tons. Over past 10 years (since 2003), the acceptance of sour oil increased by 28.2 million tons and reached 77.5 million tons. The acceptance of oil with complicated rheological characteristics and abnormal quality parameters, with a high content of resins and asphaltenes and decreased content of naphthenic hydrocarbons also increased. Simultaneously, factor of "aging", depletion of deposits progresses.
The qualitative composition of the oil has deteriorated - particularly sharply in recent years. Forecasts, presented by oil companies, show that such dynamics on deterioration will be stable. The company believes that the technological reconstruction and modernization of petrochemical enterprises, providing a phased transfer of oil refineries to the increase of the volume of sour crude oil processing and processing of crude oil with high density values ​​(sulfur content) are necessary to solve the problem and to create stable operating conditions for the oil industry.

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"Gazpromneft" sees no reason to stockpile fuel in the domestic market.

"Gazpromneft" sees no reason for the creation of stocks of fuel by the oil companies for the domestic market, because the situation with the fuel supply is stable, the market is assured, CEO Aleksandr Dyukov told the reporters, Prime informs.
Recently, the authorities are discussing the possibility of amending these agreements in regard to the inclusion of obligations in terms of supply of petroleum products to the domestic market with oil companies. In March, Cyril Molodtcov, the Deputy Energy Minister, stated that the ministry expects to reach an agreement with the oil companies on compulsory motor fuel volume stocks soon. Later it became known that a number of oil companies opposed the initiative.

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"Transneft" and "Gazprom Neft" discuss the technical requirements of the agreement on the Kuyumba -Tayshet pipeline.

The Agreement between "Transneft" and "Gazpromneft" on the Kuyumba -Tayshet pipeline is not signed as yet, the parties continue to discuss the technical issues, Aleksandr Dyukov, the head of oil company "Gazpromneft", told the reporters.
"Negotiations are held on the volume and on the terms. There are technical issues that still need to be discussed", - Dyukov stated.

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The first tanker from platform Prirazlomnaya to be shipped in April

The shipment of the first taker from the platform Prirazlomnaya, from which Gazpromneft carries out production, is scheduled for the second half of April, purchasers have been found already, the company’s head, Alexander Dyukov said to journalists.
Besides, according to Dyukov, the production at the project is profitable in case of oil price in the amount of $80 per barrel. “New methods, which implies a change of state subsidies in the case of price reduction, was accepted. These benefits allow us to hold out the project economicaly even with the price in the amount of $80 per barrel,” – Dyukov said.

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Gazprom may offer foreign clients to buy gas for rubles

Gazprom works on the issue of more active use of ruble in payments with foreign contractors, a representative of the company, Sergei Kupriyanov reported to the Vedomosti. In turn, Gazpromneft discusses the transfer from dollars to euros in export operations. According to the company’s CEO Alexander Dyukov, 95 % of customers agree to this.
Payments in euros is a fallback position, it was studied by management of Gazpromneft in case of new U.S. sanctions, said Dyukov. "But I'm not ready to say that we can switch over and it will be completely painless and without losses," - he added.

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"Yamal LNG" and the Belgian company signed an agreement on transshipment of LNG.

The "Yamal LNG" company and the Belgian "Fluxys" signed an agreement defining the parameters for cooperation in the field of the transshipment of liquefied natural gas (LNG) supplied from the LNG plant, located on the Yamal Peninsula, to the Fluxys LNG terminal in Zeebrugge (Belgium), the press service of the Yamal company reported to the IA "Sever - Press".
"Yamal LNG" is building a plant to liquefy natural gas, commissioning the first phase of which is scheduled for 2017. The transshipment base in Europe is one of the most important elements of the supply chain that permits year-round delivery of LNG to markets in the Asia - Pacific region during periods of navigation along the Northern Sea Route in the eastern direction. LNG will be loaded from ice-class tankers to tankers of conventional type for delivery to customers at the Zeebrugge terminal.

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Belarus to sell Mozyr refinery share stake again

Belarus tries to sell its share in Mozyr refinery again. Now the authorities offers investors not the entire state share, but only 30%; they are going to keep the blocking package and concurrently demand the construction of new facilities from purchasers. The most possible contenders for the asset are Rosneft or Gazpromneft, which already have 42.6% of the refinery through their joint venture Slavneft. But, according to the Kommersant, Minsk wants to receive $3 billion for 30% of the plant and the Russian companies still find this assessment inaccurate.

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Gazprom doubts that the U.S. gas will replace Russian.

Sergei Kupriyanov, the official representative of the Russian gas monopoly "Gazprom", dwelled upon the intentions of the Ukrainian authorities to import gas from America and Europe. According to his statement, the prospect of such official Kiev intentions is not so optimistic, as Ukrainian leaders wish to present it.
Objective reasons for doubt.
As Kupriyanov reported, the immediate export of the American gas to Ukraine is not possible due to lack of "free resources" in the United States, the situation is  not expected to chane in the near future.
The Russian representative of the strategic company is convinced that the Ukrainian statements are nothing more than populism intended for the partial stabilization of shaky situation in the state. Such statements, according to Kupriyanov, are  only for political reasons, and will not influence the gas price, which "Gazprom" sets in the contracts for the export of natural gas.

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