Russia, Tajikistan

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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Russia and Tajikistan agree on cooperation in nuclear power industry

During the visit of the Russian President Vladimir Putin to Tajikistan, the Governments of the Russian Federation and Tajikistan have signed an agreement on cooperation in the peaceful use of nucle

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Gazprom changes its mind to leave Tajikistan and considers new projects in the south-west and north of the country

Gazprom International, a subsidiary of Gazprom, is considering a number of new energy projects on the territory of Tajikistan. Tajik mass media reported this on October 21, 2016.

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In January-July 2016 Tajikistan significantly increased oil products output

In January-July 2016 Tajikistan significantly increased oil products output – by 30.35 against January-July 2015, to 70 thousand tons, the Statistics Agency at the President of Tajikistan rep

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Gazprom goes on looking for oil and gas in Tajikistan

Gazprom will go on looking for oil and gas in Tajikistan, the head of the Main Geology Department of Tajikistan, D. Murod Hol, said. At the Sarikamysh oil and gas bearing site the first well Shakhrinav 1-p was drilled in 2010, at which Gazprom Inernational holds geological exploration. According to the head of Main Geology Department, the company goes on geophysical research works at the “Western Shokhambary” site with the potential hydrocarbons reserves. Geological studied are over but the state committee for reserves hasn’t received the company’s data on the reserves.

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Putin signs law on ratification of agreement on supply of Russian petroleum products to Tajikistan

The Russian President Vladimir Putin has signed a federal law on ratification of the agreement on cooperation with Tajikistan in the field of supply of petroleum products.
The document was published on the official web portal of legal information on July 3, 2016. 
The Russian State Duma ratified the agreement on the duty-free supplies of oil products from Russia to Tajikistan on June 21, 2016.

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Tatarstan and Bashkortostan to cooperate in the gas-petrochemical industry.

Tatarstan and Bashkortostan cooperation project for the development of petrochemical complex was presented at a meeting of the "Tatneftekhiminvest-holding" Board of Directors, the press service of the Government of the Republic of Tatarstan informs.
The concept was developed at the request of the heads of the two republics, "Tatneftekhiminvest-holding" and the Ministry of Industry and Innovation Policy of Bashkortostan worked on its development.

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Skyland Petroleum to supply China with oil and gas from Russia, Tajikistan and Georgia.

Previously, "Rosneft" and Skyland Petroleum signed a Heads of Agreement for the sale of "Rosneft" up to 29% in LLC "Taas-Yuryakh Oil and Gas" and the creation of CG to develop the field in Yakutia.
The Australian company Skyland Petroleum plans to begin to supply China with oil and gas from Russia, Tajikistan and Georgia in 2016. As the Xinhua news agency reports, chairman of the company David Robson stated this in Shanghai on Wednesday.

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SCO and BRICS summits start in Ufa

On Wednesday, BRICS and SCO international summits start working in Ufa. Events in the capital of Bashkortostan will last until July 10.
This year Russia is chairing the BRICS and SCO. It is expected that at the SCO summit the beginning of the organization expansion will be announced. To date, the SCO includes Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Mongolia, India, Iran, Pakistan and Afghanistan have observer status. In September 2014, Pakistan and India formally applied to join the SCO. States-parties of the BRICS are Russia, Brazil, India, China and South Africa.
 
Economy
Russian presidential aide Yuri Ushakov told reporters earlier that the focus of the negotiations at the BRICS summit would be issues for improving the international economic environment and the actions of the Member States to expand mutual trade and investment relations, promotion of joint agenda in the framework of the Group of Twenty. "The reform of the management system of the International Monetary Fund remains urgent, as well as the increase of the role of rapidly developing economies in the Fund," - said Ushakov.

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Farewell, petrodollar?

Karim Massimov, the Kazakh Prime Minister, offered to proceed to settlements in the national currencies at the meeting of the Council of Heads of Governments of the Shanghai Cooperation Organization (Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan). "We consider it possible to start mutual settlements in national currencies. We already have developments at the bilateral level, which could be transferred onto the entire organization", - Massimov stated.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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