Russia Oil and Gas

In 2017, Neftisa increased reserves by 39% to 360 mln tons

Neftisa, oil asset of M. Gutseriev’s financial-industrial group Safmar, has summed up financial and operating results in 2017. Neftisa reported about this on June 18, 2018.

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On June 15 Novatek bought back 171 thousand shares for 138 million rubles

On June 15, 2018 Novatek bought back 171.12 thousand of its ordinary shares, it follows from the materials of the company.

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Cameroon signs agreement on floating LNG plant for 1.3 mln tons of gas under project with participation of Lukoil

The Government of Cameroon and operator of the Etinde project – New Age Energy – have signed an agreement on terms of use of a floating LNG plant, the Interfax Energy Global Services wr

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RBK: Rosneft and Lukoil to get preferences from the government for 330 billion roubles.

The Ministry of Finance of the Russian Federation made amendments to the draft law on tax maneuvering in the oil industry.

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Russian Government may support oil companies after request of Rosneft’s head

The Ministry of Finance has made changes to the draft law on tax maneuver in the oil industry.

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The polypropylene production in Russia decreases by 0.4% in January-May.

In January-May the total volume of polypropylene (PP) production in Russia decreased by 0.4% and amounted to 589.4 thousand tons compared to the same period of 2017.

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Since the beginning of 2018, Gazprom increased gas production by 9.1%, export to far abroad – by 5.6%

In the period from January 1 to June 15, 2018, Gazprom increased gas production by 9.1% (by 19.7 billion cubic meters) year-on-year to 235.4 billion cubic meters.

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Russia to eliminate critical dependence on import of LNG equipment in 6-7 years

Russian companies will be able to eliminate critical dependence on foreign equipment in the field of large-capacity natural gas liquefaction (LNG) in the next 6-7 years.

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Novatek has not enough tankers to transport gas from Yamal LNG

The rapid start-up of the second and third lines of the Yamal LNG project has led to the fact that Novatek has to search more tankers on the market to export it's gas.

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Uralkali places exchange-traded bonds worth 15 billion rubles

Uralkali placed exchange-traded bonds worth 15 billion rubles, the organization said.

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