Russia Oil and Gas

Russia increased LNG export almost two times

Since the beginning of the year, the supply of Russian liquefied gas abroad has increased (compared to January-July 2017) by 48% and reached 13.16 billion cubic meters.

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In H1, Gazpromneft’s net profit under RAS fell 1.8 times

In the first six months of 2018, the net profit of Gazpromneft under RAS decreased 1.8 times year-on-year and amounted to 85.52 billion rubles. Gazpromneft reported this on August 2, 2018.

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Rosgeologiya to study promising for hydrocarbons Nakynskaya area in Yakutia

Rosgeologiya will conduct geophysical work at the Nakynskaya area in the Republic of Sakha (Yakutia). This was reported by the press centre of the holding company.

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Rosneft increases production within OPEC+ decision to level of October 2016

By the beginning of July, Rosneft increased production of oil and condensate in the framework of the OPEC+ decision to the level of October 2016.

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In H1, Rosneft reduced average daily production of hydrocarbons by 0.7%

In the first six months of 2018, Rosneft reduced the average daily production of hydrocarbons by 0.7% to 5.706 million barrels of oil equivalent, the company reports.

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Poland increases LNG import by 60%, reducing dependence on Russian gas

In January-July, Polish PGNiG increased LNG imports by 60% year-on-year. This was reported in the press release of the company.

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Rosneft demands Sakhalin-1 to compensate for damages from 2005

Details of Rosneft's claim for 89 billion rubles to parties to production sharing agreement on the Sakhalin-1 project - to structures of ExxonMobil, Rosneft itself, Indian ONGC and Japanese Sod

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Geologists explore western part of Bering Sea

An analysis of oil and gas content is to be carried out.

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In January-July, SOCAR export over 718 thousand tons of oil via Baku-Novorossiysk

SOCAR exported 718.4 thousand tons of oil through the Baku-Novorossiysk oil pipeline in January–July 2018.

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In Q1 2018, gas production on Sakhalin grew by 11%, oil – fell by 3%

In the first six months of 2018, gas production in the Sakhalin region increased by 11% compared to the first half of 2017 and amounted to 16.689 billion cubic meters.

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