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
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
Companies & Finance

Russia will discuss Gazprom-OMV Norge deal next month – Donskoi

Russian Natural Resources Minister Sergei Donskoi will discuss Gazprom’s acquisition of a stake in OMV Norge with Norwegian officials at the end of May.

21 April 2017
LNG

Sakhalin 2 LNG exports down in 2017

The Sakhalin 2 LNG plant exported around 2.1 mt to the Asia Pacific region between January and March 2017, a year-on-year drop of 27%.

20 April 2017
Exploration & Production

Russia to auction Yamal blocks in June

The Russian government will auction a number of blocks on the Yamal peninsula on 9 June.

20 April 2017
Pipelines, Storage & Power

Russian Far East could add 10 GW of power capacity

Russia’s Far East has the potential to add 10 GW of new power generation capacity, First Deputy Far East Development Minister Alexander Osipov has said.

19 April 2017
LNG

Gazprom to push LNG-for-transport with plant in Yaroslavl

Gazprom will build a liquefaction plant in Russia’s Yaroslavl region as part of its efforts to boost domestic use of LNG in transport.

19 April 2017
LNG

CNOOC subsidary shipping final core modules to Yamal LNG

China National Offshore Oil Corp.’s Offshore Oil Engineering subsidiary will ship the last 16 of 36 core modules for the Yamal LNG project to Russia in July.

18 April 2017
Pipelines, Storage & Power

Southern Kazakhstan-China pipeline comes online

A new gas pipeline running 1,454 km from southern Kazakhstan to China started operating on Friday, according to China National Petroleum Corp.

18 April 2017
Pipelines, Storage & Power

Gazprom has built more than 650 km of Power of Siberia

Gazprom has built more than 650 km of the Power of Siberia pipeline, which will eventually supply 38 billion cubic metres per year of gas to China.

13 April 2017
Companies & Finance

Gazprom subsidiary forms JV for Yamalo-Nenets project

Gazprom subsidiary Gazprom Dobycha Yamburg and Russian businessman Artem Obolensky’s RusGazDobycha have registered a 50/50 JV.

12 April 2017
Pipelines, Storage & Power

Snams signs memo with Slovakian and Ukrainian TSOs

Snam, has signed an MOU with Slovakian TSO Eustream, Ukrainian TSO Ukrtransgaz, and Ukraine’s state-owned Naftogaz Ukrainy.

11 April 2017
Companies & Finance

Gazprom expects larger domestic supply losses in 2017

Gazprom expects its financial losses from supplying gas to Russia’s domestic market will be greater in 2017 than in 2016, Vitaly Khatkov, the head of Gazprom’s Department 817, has said.

10 April 2017
Supply & Demand

Russian economic ministry lifts gas export forecast

The Russian Ministry of Economic Development has raised its gas export forecast for 2017 to 197.3 billion cubic metres from 195.0 bcm.

7 April 2017
Supply & Demand

Gazprom signs five-year gas supply contract with Uzbekistan

Gazprom has signed a five-year contract to purchase gas from Uzbekistan.

6 April 2017
LNG

Engie planning to buy Yamal LNG cargoes in 2018

France’s Engie plans to buy LNG from Russia’s Yamal project in 2018, Engie Global LNG Chief Executive Phillip Olivier has said.

6 April 2017
Companies & Finance

Belarus to pay Russian debt for gas discount – Dvorkovich

Belarus has agreed to repay Russia money it owes for gas supplies in return for discounted volumes.

4 April 2017
LNG

Yamal ice-class LNG carrier cost $300-350 mln – Sovcomflot CEO

Sovcomflot’s first ice-class LNG carrier cost approximately $300-$350 million, Sovcomflot Chief Executive Sergei Frank has told Interfax.

4 April 2017
LNG

Low LNG prices see Sakhalin Energy’s profits down 56%

Sakhalin Energy, the operator of Sakhalin 2, saw its net profit fall by 56% year on year in 2016, to $869 million.

3 April 2017
Companies & Finance

Gazprom sees fifth month of gas production growth

Gazprom’s gas production increased for the fifth consecutive month in March, to 39.8 billion cubic metres.

3 April 2017

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