Gas, Russia

Khudainatov plans to sell 25% in Independent Oil and Gas Company

Eduard Khudainatov plans to sell a stake in the amount of at least 25% of the Independent Oil and Gas Company (NNK), the Vedomosti reports citing sources close to the seller and potential buyers.

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Russia and Belarus plan to work out an approach to creation of common gas market by the end of May

Russia and Belarus plan to work out approaches to the creation of a common gas market by the end of May 2017, the Belarusian Deputy Prime Minister Vladimir Semashko said.

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Construction of Turkish Stream to begin in the summer

Gazprom will start laying the pipes of the first thread of the Turkish Stream gas pipeline next summer. This is stated in the company's financial report.

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V. Putin very abstractly approves the payment of dividends by state companies in the amount of 50% of profit under IFRS.

V. Putin gave the go-ahead for paying dividends by state-owned companies for 2016 at a rate of 50% of net profit under IFRS, the First Deputy Prime Minister I.

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The Yamal LNG plant is already 80% ready, its first stage – 91%.

The first production line of the liquefying plant Yamal LNG is already 91% ready. The degree of readiness of the whole object is estimated at 80%.

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Gazprom considers gas projects together with RTT on shelf of Thailand and Russia

Gazprom is closely interested in projects to extract natural gas on the shelf of Thailand and Cambodia. This was announced by deputy chairman of the Gazprom’s Board V.

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Gazprom plans to increase gas reserves by 469.9 bln cubic m in 2017

In 2017 Gazprom plans to grow its gas reserves by 469.9 bln cubic m, deputy chairman of Gazprom, V. Markelov, said.

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In 2017, Gazprom may increased gas production at Bovanenkovo by 14%

In 2017, Gazprom plans to increase its gas production at the Bovanenkovskoye field by 13.8% compared to the previous year to 76.7 billion cubic meters, deputy chairman of the Russian gas holding co

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Lukoil and Novatek to fight for oil and gas fields of Lebanon

Lukoil and Novatek have passed the second round of a licensing competition for geological exploration and production of hydrocarbons in Lebanon.

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Gazprom plans to increase gas production by 2.7% in 2017

Gazprom plans to increase gas production by 2.7% in 2017 to 430.44 bln cubic m, the chairman of Gazprom, V. Markelov, said.

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