Moscow Oil Company, Oil and Gas
On March 23rd, the daily oil and gas condensate output was 1.4435 million tons in Russia, the Central Dispatch Department of the Fuel and Energy Sector reports. Production was 555,200 tons in Rosneft, 237,300 tons in Lukoil, 167,800 tons in Surgutneftegaz
The businessman S. Kerimov is not going to sell his share of 40.22% in Polyus Gold. Earlier they reported that the sales of the shareholding began last autumn. The news was officially rejected by the representative of Nafta Moscow, the company of Mr. Kerimov.
Earlier Vedomosti wrote referring to the sources close to the company that Mr. Kerimov was going to sell the shareholding. Concerning the current rates at LSE, the shareholding is valued at $3.7 billion.
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The Government of Moscow and Gazprom have closed the agreement about the broadening of the use of natural gas as motor fuel. The document was closed by the acting mayor, S. Sobyanin and the Chairman of the Management Board of Gazprom, A. Miller. Mr. Sobyanin says that such measure is advantageous from the point of view of ecology and economy.
In September – October 2013, Moscow Oil Company will cease operations for planned repairs a part of its utilitiesEdited by Rhod Mackenzie / 2013-07-17 06:06:30
In September – October 2013, Moscow Oil Company will cease operations for the planned repairs of a part of its utilities. It does not expect a deficiency in the market of the Moscow region, the CEO of Moscow Oil Company, A. Egizaryan says. The repairs will last not more than a month. All the work is coordinated with the Ministry of Energy. The Moscow Oil Company is going to move to the so-called four-year inter-repair operation, but it will need much preparation and coordination with the Russian technical supervision agency.
Moscow Oil Company has completed the first stage of its upgrade, having launched the utility for petrol hydro fining and the utility for light nafta isomerization. The new equipment was presented during the visit of the Mayor of Moscow S. Sobyanin.
Their launch will help Moscow Oil Company to entirely transit to production of Euro-5 petrol. The utility for petrol hydro fining with annual capacity of 1.2 million tons is able to produce petrol with super low sulfur content. The volume of investment to the utility for petrol hydro fining was 5.7 billion rubles