LNG

Russia plans to boost LNG output

If realised, Russia’s plans for new liquefaction projects could see the country become the world’s fourth-largest LNG producer in 10 years’ time.

By Tom Hoskyns 23 March 2017
Alternative Fuels

Russia and China hold talks to cooperate on nuclear energy

Russia and China have held talks on cooperation in nuclear energy, according to Russian state nuclear company Rosatom.

24 March 2017
Companies & Finance

Arbitration panel will hear Exxon’s Sakhalin tax claim in April

ExxonMobil’s claim that it overpaid taxes relating to the Sakhalin 1 project will be heard by an arbitration panel in late April, the Russian Finance Ministry press service has told Interfax.

24 March 2017
Pipelines, Storage & Power

Gazprom awards contract for Power of Siberia compressor

Gazprom has awarded a contract to build a compressor station near the Chinese border to serve the Power of Siberia gas export pipeline.

22 March 2017
Policy & Regulation

Russia and Pakistan discuss plans for oil and gas cooperation

Moscow and Islamabad have ambitious plans for cooperation in the oil and gas industry, according to a Russian official..

21 March 2017
Exploration & Production

Lukoil aiming to ramp up gas production in 2017

Russian oil company Lukoil is planning to increase its hydrocarbon production by 3-4% in 2017 by ramping up its gas output, the company said in a presentation.

16 March 2017
Pipelines, Storage & Power

Gazprom boosting Armenian gas storage capacity

Gazprom is working to increase the capacity of the Abovyan underground gas storage facility in Armenia, said Alexei Miller, the company’s chief executive.

16 March 2017
LNG

Exxon Neftegas postpones FID for Far East LNG

Russia’s Exxon Neftegas will not reach an FID on the construction of Far East LNG plant in Q1 2017, despite the recommendation of the Russian Energy Ministry.

16 March 2017
Global Markets

Ukrainian gas consumption drops in January

Ukrainian gas consumption fell by 5.8% year on year in January, to 5.11 billion cubic metres.

14 March 2017
Pipelines, Storage & Power

Ukraine starts storage injections

Ukraine has started loading 4.5 million cubic metres of gas per day into its underground storage facilities after siphoning reserves.

13 March 2017
LNG

Gazprom pushes back Sakhalin 2 expansion

Gazprom has pushed back its schedule for the expansion of Sakhalin 2 LNG.

13 March 2017
Supply & Demand

Gazprom gas price for non-CIS countries stabilises

The estimated price for Gazprom’s gas sales outside of the CIS stabilised at $204/Mcm in March.

13 March 2017
LNG

Gazprom postpones Baltic LNG launch

Gazprom has again postponed the tentative date for the launch of its 10-15 mtpa Baltic LNG plant at the port of Ust-Luga until 2022-2023.

10 March 2017
Companies & Finance

Putin to meet Exxon CEO

Russian President Vladimir Putin will hold a meeting with ExxonMobil Chief Executive Darren Woods on Thursday.

9 March 2017
LNG

Novatek in talks to buy LNG subsidiary

Russia’s Novatek is holding talks with Gazprombank on the purchase of its subsidiary CJSC Kriogaz, four sources familiar with the situation have told Interfax.

9 March 2017
Igor Yusufov with Former Vice President Dick Cheney after the first US-Russia energy summit in 2002. (Igor Yusufov) Global Markets

Russia and US need third energy summit – Yusufov

Former Russian energy minister Igor Yusufov believes a third Russian-American energy summit is key to furthering bilateral energy ties.

9 March 2017
Companies & Finance

Nord Stream 2 funding could be decided in H1 2017 – Mehren

Gazprom’s would-be foreign partners in Nord Stream 2 could settle on a funding scheme to build the gas pipeline in the first half of this year.

8 March 2017
LNG

Russian LNG projects need tax breaks – Shell Russia head

Shell wants new LNG projects in Russia to receive state support in the form of tax relief, Shell Russia head Olivier Lazar has told journalists.

8 March 2017
Pipelines, Storage & Power

Ukrainian storage withstands cold winter

Ukraine has enough gas in storage to get it through the heating season despite a cold winter, according to state-owned Naftogaz Ukrainy.

8 March 2017
Exploration & Production

Lukoil targets the Middle East

Russia’s Lukoil is targeting new projects in the UAE, Iran, Oman and Kuwait to expand its operations in the Middle East, regional vice president Gati al-Jebouri says.

7 March 2017
Policy & Regulation

Turkmenistan and Uzbekistan committed to joint energy security

Turkmenistan and Uzbekistan will continue to coordinate their energy security efforts, the presidents of both counties say.

7 March 2017

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