Russia Oil and Gas

Export of petrol from Russia fell by 4% in volume and grew by 20% in value

Russian oil companies reduced petrol exports by almost 4% in January-October 2018.

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From 2017, OPEC+ deal brought Russia 6 trln rubles

Head of the Russian Direct Investment Fund Kirill Dmitriev stated on Monday that the OPEC+ agreement (the agreement on the reduction of oil production, signed by OPEC countries and 11 independent p

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Rosneft insists on monetization of gas fields in Eastern Siberia

Approximately two-thirds of natural gas reserves at fields of Eastern Siberia remain non-monetized, they are not exported, despite the fact that there is a potential consumer nearby.

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Is official creation of OPEC+ alliance postponed?

OPEC + alliance is likely to be formalized next year, but when exactly is unknown.

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Russia to reduce oil production by 228 thousand barrels per day from level of October 2018

Russia will reduce daily oil production by 228 thousand barrels from the level of October 2018 under the OPEC+ agreement. This was stated by the Russian Energy Minister Alexander Novak.

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On December 11, Belarus and Russia to hold negotiations on tax maneuver

Belarus counts on positive results of negotiations on compensation because of implementation of tax maneuver in Russia. This was stated by Deputy Prime Minister of Belarus Igor Lyashenko.

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BSC and the authorities of Bashkiria come to an agreement on the raw material issue of the enterprise.

The Bashkir soda company (BSC, part of the Bashkir Chemistry group) and the authorities of Bashkiria came to an agreement on how to solve the raw materials problem of the enterprise, the Kommersant

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LNG in Russia to be liberalized

The Russian Prime Minister Dmitry Medvedev has signed a decree on exemptions from gas regulation. This applies to gas in the supply chain of which liquefaction technology is used.

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Gazpromneft hopes for large discoveries in the Arctic

Gazpromneft is preparing for a new investment cycle in the Arctic, having bought licenses for two sites on Yamal and Gydan over the past two weeks and announced hopes of finding large oil reserves

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Gazprom places 10-year bonds for 65 bln yens

Gazprom is placing ten-year bonds to the amount of 65 billion yens, a source on the financial market reported to the TASS.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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