Russia Oil and Gas

Bashneft’s Board should meet in April to decide on dividends

The meeting of the Bashneft’s Board of Director, which will give recommendations on the amount of dividends for 2016, should be held in April.

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Since 2013, Gazprom produced 6.6 bln cubic meters of hydrocarbons at two Vietnamese fields

Since 2013, Gazprom produced more than 6 billion cubic meters of hydrocarbons at the Vietnamese deposits of Mok Tinh and Hai That.

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Start-up payment for Ergin deposit was increased by more than 300 mln roubles to 7.4 bln roubles

The start-up payment for the auction for the Ergin oil deposit in the Khanty Mansi Autonomous Area was increased by more than 300 mln roubles to 7.434 bln roubles, the Minister of Natural Resources

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Technically Russia can reach production of 600 mln tons of oil per year

Russia has enough oil reserves to reach the production of 600 million tons per year, general director of the State Commission on Mineral Reserves Igor Shpurov told reporters on the margins of the N

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Omsk oil refinery to spend 2.8 bln roubles for construction of oil products loading unit

The Omsk oil refinery of Gazprom Neft has started the construction of the automatic unit of timed oil loading into railroad cisterns.

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Sakhalin Energy reduced LNG export by 26% in Q1

The operator of Sakhalin-2 – “Sakhalin Energy” – in Q1 2017 exported almost 2.1 mln tons of LNG to APR markets.

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Pipe Freight Company to supply pipes for 50 bln rubles to Transneft

Pipe Freight Company has been recognized as the winner of the Transneft’s tender for the supply of pipes for main oil pipelines, the maximum contract price is 50 billion rubles, it follows fr

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Ministry of Natural Resources expects auction for Gydan gas deposit in H2

The Ministry of Natural Resources of Russia expects to hold an auction for the Gydan gas deposit in H2 2017, the Minister S. Donskoi said.
It is likely to be held in H2 2017, he said.

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Russia agrees with Norway on exploration in the Arctic

Russia, in the face of the Ministry of Natural Resources, has agreed with Norway to conduct joint seismic exploration on the Arctic shelf, Sergei Donskoy told reporters.

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SIBUR develops a new brand of polypropylene.

The food basket of SIBUR was supplemented with a new brand of polypropylene, developed with the participation of specialists from the Tomsk scientific center of SIBUR NIOST.

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