Coal, Oil and Gas
In January-March 2017, the extraction of natural gas in Russia increased by 8.2% to 161 billion cubic meters. This is reported by the Federal State Statistics Service.
The Ukraine significantly reduced oil, coal and gas extraction in January – February 2017 compared with January – February 2016
The creation of the Taimyr-Turukhansk support zone in the north of the Krasnoyarsk region provides for the development of new centers for the extraction of coal, gas and oil in the Arctic territory
The explored reserves of oil and gas in Russia will be enough for more than 50 years, the Minister of Energy Alexander Novak stated.
In January 2017, Russia increased the amount of oil and gas condensate production by 2.4% compared with January 2016 to 46.1 million tons.
Russia is ready to supply gas to the Ukraine, for this Naftogaz should apply to Gazprom, the press centre of the Russian Ministry of Energy reports.
For the first time in the past two years the Ukraine is faced with the real prospect of rolling blackouts.
On the results of 2016 Russian companies extracted 547.5 mln tons of oil, which is by 2.5% higher than in 2015, the Minister of Energy, A. Novak, said.
Prior to the deal Eurochem owned 37% of the shares of the port, SUEK- 39.3%.
The International Energy Agency (IEA) predicts an increase in world coal demand by nearly 200 million tons in the next five years - up to 5.64 billion tons in 2021.