A gas metering station on the Ukrainian border. The country is aiming to export gas to western Europe. (Gazprom) Supply & Demand

Ukraine eyes gas exports from 2020

Ukraine will be able to export gas to Europe from 2020 thanks to an increase in production and energy efficiency, Naftogaz says.

By Silvia Favasuli 11 May 2017
Pipelines, Storage & Power

Gazprom cuts target for expanding Russian UGS capacity

Gazprom has lowered its target for expanding underground gas storage capacity in Russia for the 2017/2018 withdrawal season.

25 May 2017
Policy & Regulation

Rosneft ups Sistema compensation claim to $3 bln

Rosneft has increased the size of its legal damages claim against conglomerate Sistema regarding the restructuring of oil company Bashneft to RUB 170.6 billion.

24 May 2017
Exploration & Production

Novatek subsidiaries bid in Gydanskoye auction

Two subsidiaries of Russia’s Novatek have submitted bids to participate in the auction for the Gydanskoye field in the Yamalo-Nenets Autonomous Region.

22 May 2017
Supply & Demand

Ukraine increases gas production by 78 MMcm so far this year

Ukrgasvydobuvannya, a subsidiary of Ukrainian national energy company Naftogaz Ukrainy, increased its gas production by 78 million cubic metres over the first four-and-a-half months of 2017.

19 May 2017
LNG

Rosneft and Beijing Gas consider cooperation on LNG supplies

Rosneft and China’s Beijing Gas are considering cooperating on shipments of LNG, the Russian state oil major said in a presentation.

19 May 2017
Global Markets

Russian oil and gas revenues to exceed budget by RUB 719 bln

Russia will earn RUB 719 billion more from oil and gas sales than was forecast in its budget for the year, Russian Finance Minister Anton Siluanov said.

19 May 2017
Supply & Demand

Rosneft not seeking to supply Europe with piped gas – Sechin

Russian state oil major Rosneft is not seeking to supply pipeline gas to Europe because of legal limitations, but it is not ruling out supplying gas from its international projects or from its Pechora LNG project.

19 May 2017
Supply & Demand

Azerbaijan boosts LNG exports eightfold in Q1

Azerbaijan exported 25,507 tons of LNG in Q1 2017, up by 820% year on year.

18 May 2017
Companies & Finance

Gazprom sees net profit plummet 42% in Q1

Gazprom’s net profit plummeted by 42% year on year in Q1 2017, to RUB 107.64 billion, the company said in its quarterly report.

16 May 2017
Pipelines, Storage & Power

Gazprom begins laying offshore Turkish Stream pipeline section

Gazprom started to lay the offshore section of the Turkish Stream gas pipeline in the Black Sea on Sunday.

8 May 2017
Exploration & Production

Gazprom ready to bring in JV partner for Tambei fields

Gazprom has completed its exploration of the Tambei fields on Russia’s Yamal peninsula and is ready to bring in a joint venture partner to develop the acreage.

5 May 2017
Pipelines, Storage & Power

Gazprom to start laying Turkish Stream undersea section

Gazprom is ready to begin laying the undersea section of the Turkish Stream gas pipeline in the next few days, Chief Executive Alexei Miller has said.

5 May 2017
LNG

Novatek signs cooperation agreement for Arctic LNG 2

Russia’s Novatek has signed a framework agreement on strategic cooperation with three companies for work on a second Arctic LNG plant.

4 May 2017
Companies & Finance

EBRD proceeds with $500 mln Southern Gas Corridor loan

The bank intends to proceed with a plan to lend $500 million to the Southern Gas Corridor project despite Azerbaijan’s suspension from the Extractive Industries Transparency Initiative.

4 May 2017
Supply & Demand

Russian gas exports to non-CIS up by over 15% in April

Exports of Russian gas to non-CIS countries increased by more than 15% year on year in April 2017, to 15.1-15.2 billion cubic metres.

3 May 2017
Companies & Finance

Sakhalin 1 arbitration deferred as Exxon seeks settlement

An arbitration hearing in Stockholm regarding the tax dispute between ExxonMobil and Russia over the Sakhalin 1 project has been deferred.

2 May 2017
Pipelines, Storage & Power

Gazprom awards Power of Siberia contracts to Inter Management

Gazprom has awarded construction contracts worth RUB 7.85 billion for the Power of Siberia gas pipeline to Inter Management, a company set up less than a year ago.

25 April 2017
Policy & Regulation

Ukraine to monitor greenhouse gas emissions

Ukraine is working on a system to monitor, report and verify greenhouse gas emissions, Ecology Minister Ostap Semerak said at a conference on Monday

25 April 2017
LNG

Japan ready to take part in Sakhalin 2’s third train

Japanese companies are ready to take part in the third train of Russia’s Sakhalin 2 LNG project as both buyers and investors.

24 April 2017
LNG

Germany and Sweden to provide funding for Yamal LNG

German and Swedish export credit agencies will take part in the Yamal LNG project, Novatek Chief Executive Leonid Mikhelson said.

21 April 2017

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