Surgutneftegaz

Lukoil, Surgutneftegaz and Gazprom Neft turn to Medvedev because of Rosneft's benefits

The heads of the Russian oil companies - Lukoil, Surgutneftegaz and Gazprom Neft - wrote a letter to the Prime Minister Dmitry Medvedev asking for tax relief for watered fields.

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Hydrocarbon sites in the Nenets autonomous district are interesting only to Surgutneftegaz

Only one company, Surgutneftegaz, has applied for auctions for the right to use subsoil sites in the Alutinsky and Yunyagsky districts located in the Nenets autonomous district.

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In January-September Rosneft reduced oil production by 0.5% to 140.8 million tons

In January-September 2017 Rosneft reduced oil production by 0.5% compared to the same period last year - to 140.781 million tonnes.

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Rosneft retains leadership in gas production.

In January-September 2017 Rosneft increased gas production by 2.6% in annual terms to 35.27 bcm, according to the Central Dispatch Office of the Fuel and Energy Complex.

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Large suppliers may be prohibited from selling fuel to their own structures through the exchange - FAS

The Federal Antimonopoly Service (FAS) plans to stop the scheme, which allows oil companies to simulate fuel sales on the stock exchange.

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Increase in excise duties on motor fuel to have negative impact on oil processing

A preliminary decision to additionally raise excise duties on fuel has been taken at budget meetings in the Government.

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In 2017, oil and gas condensate production in Russia reached 364.8 mln tons

In January-August 2017, the production of oil and gas condensate in Russia increased by 0.9% compared to the same period last year and reached 364.8 million tons.

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In the first 8 months, oil export from Russia grew by 4.2%

In January-August 2017, export of Russian oil to the non-CIS countries amounted to 160.714 million tons (4.848 million barrels per day), which is by 4.2% more than in 2016.

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In the first 8 months of 2017, gas production in Russia grew by 12.6% to 448.242 bln cubic meters

In January-August 2017, volume of gas production in Russia increased by 12.6% compared to the same indicator in 2016 and amounted to 448.242 billion cubic meters.

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Surgutneftegaz starts to supply oil products to markets of South America and Asia

Surgutneftegaz has began supplying petroleum products to new markets in South America and Asia, the company report under IAS informs.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

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