Russia Oil and Gas

Power of Siberia stimulates gas production of Yakutia

By 2025, oil production in Yakutia will grow to 17.5 million tons, head of the region Aisen Nikolaev reported.

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In the first 11 months, production of Gazprom increased by 0.7%

In January-November, according to preliminary data, Gazprom produced 454.2 billion cubic meters of gas, which is by 0.7% more compared to the same period in 2018.

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Transneft earned over 790 billion rubles in January-September 2019

In the first three quarters of the current year, the revenue of Transneft increased by 10.7% and amounted to 792.7 billion rubles.

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Gazprom looks to Mongolia transit route

Gazprom may temporarily abandon the construction of a gas pipeline from Russia to China through Altai and focus on a longer transit route through Mongolia.

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Russia begins gas supplies to China via Power of Siberia pipeline

Deliveries of Russian gas to China via the Power of Siberia gas pipeline began on Monday, the pipeline operation was started during a teleconference with participation of the Russian President Vlad

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Expert: TANAP is not able to compete with Turkish Stream

Turkish political analyst Aydin Sezer notes that the Trans-Anatolian gas pipeline is not a big enough project for this

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Ukraine is ready to buy gas from Russia on certain conditions

The Ukraine can start direct purchases of natural gas from Russia under certain conditions.

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The first stage of Amur gas processing plant is 68% completed

Progress of construction works at the site of Gazprom’s Amur gas processing plant amounted to 51% as of November, the press centre of Gazprom Pererabotka Blagoveshchensk reported.

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Zarubezhneft to deal with shelf of Oman

Zarubezhneft is in talks to buy a stake in an oil project on shelf of Oman, a decision will be made in the near future.

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In 9 months, Tatneft's profit decreased by 0.8%

In the third quarter of 2019, profit of Tatneft’s shareholders under IAS increased by 7.9% year-on-year (-15% year-on-year) to 58.43 billion rubles, as it follows from the company's state

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