Russia, Kyrgyzstan Oil and Gas

Rosneft and Lukoil to drill on Taimyr

In the next 7-10 days, Russian companies Lukoil and Rosneft will start drilling on the Taimyr Peninsula, head of Lukoil Vagit Alekperov said at the meeting with the head of the Russian Government D

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In 2016, Gazpromneft increased supply of oil and lubricants to Central Asia by a third

In 2016, Gazpromneft - Lubricants, Gazprommeft’s oil business operator, has increased the supply of lubricants in Kazakhstan, Tajikistan, Kyrgyzstan, Mongolia, Uzbekistan and Turkmenistan by

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In 2016, Samotlorneftegaz increased drilling volume by 40%

In 2016, Samotlorneftegaz, a subsidiary of Rosneft, drilled 233 wells, which is by 40% more than in 2015. This was reported by the company.

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Russia to be $1 bln short on the result of cancellation of duty for oil shipment to Kyrgyzstan

The budget of Russia will be $1 bln short due to the cancellation of export duties for oil products supply to Kyrgyzstan, the deputy Minister of Energy, Y. Sentyurin, said.

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Since the beginning of the year, Gazprom increased gas export to Austria by 17.8%

From January 1 to August 21, 2016, Gazprom increased its gas exports to Austria by 17.8%, the company reports after the meeting its chairman Alexei Miller with chairman of the OMV’s Board Rai

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Kyrgyzstan and Russia sign agreement in the field of oil and oil products supply

Russian-Kyrgyz intergovernmental agreement in the sphere of oil and oil products was signed on Monday during the official visit of the Russian Prime Minister Dmitry Medvedev to Kyrgyzstan.
The document was signed by Medvedev and the Prime Minister of Kyrgyzstan Sooronday Jeenbekov at the state residence Ala-Archa.

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Gazprom to invest 100 bln rubles in gas transportation system of Kyrgyzstan

Gazprom intends to invest about 100 billion rubles in the gas transportation system of Kyrgyzstan until 2030, and a third of this amount - in the next two years, said the Russian Prime Minister Dmitry Medvedev by results of the Russian-Kyrgyz talks on the level of prime ministers.
"In Kyrgyzstan, the leading Russian companies actively work, today we specifically mentioned the work of Gazprom to provide the republic's demand for natural gas. Once again I would like to say that there are powerful plans - to invest in gas transmission and distribution system of Kyrgyzstam about 100 billion rubles till 2030, "- said the Russian Prime Minister. "Accordingly, it is a significant way to raise the level of the gas supply in the country," - he said.

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In Q1, 2016, Russia increased oil production by 3%

In the first quarter of 2016, Russia increased the oil production by 3% as compared to the same period in 2015 to 135.424 million tons, the Central Dispatch Department of the Fuel and Energy Sector reported on April 2, 2016.
In addition to the production, in the first3 months, the oil export increased by 3.8% to 62.652 million tons. The oil export through the Transneft’s system to the non-CIS countries increased by 2.5% to 48.902 million tons.

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Kyrgyzstan to pay debt to Gazprom in the amount of about $2.2 million before October 1st

Kyrgyzstan intends to pay off the debt for natural gas to Gazprom-Kyrgyzstan before October 1, 2015. This was stated by the country’s Minister of Energy and Industry Kubanichbek Turdubaev.
"In total, our debt makes up 405 million soms (about $6.2 million), - the Ministry said. - In July, we repaid 185 million soms ($2.85 million), an on September 1 we paid 70 million soms ($1.07 million)".

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Gazprom to supply gas to over 60% of Kyrgyzstan

In the framework of the strategic partnership with Kyrgyzstan, Gazprom will supply gas to over 60% of the country, the country's President, Almazbek Atambayev said on Friday.
In April 2014, an agreement on purchase of 100% of the shares of the Kyrgyz national gas operator KyrgyzGaz by Russian Gazprom at a symbolic price of $1 was signed. Under the agreement, all assets and debts of KyrgyzGaz were transferred to Gazprom. "The Russian side ensured investments in the modernization of the gas infrastructure of Kyrgyzstan in the amount of not less than 20 billion rubles over five years, later the investment plans grew to 34 billion rubles.

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