Russian Minister of Energy Alexander Novak (Russian Ministry of Energy) Supply & Demand

Russian energy minster talks plans and negotiations

Russian Energy Minister Alexander Novak tells Interfax about the current state of his country’s gas market and the plans for its future.

Lithuania’s Independence FSRU gives it leverage in gas contract negotiations. (Höegh LNG) Supply & Demand

Gazprom’s Lithuania return shows it pays to be cheap

Gazprom’s rising share of Lithuania’s gas market shows countries in the region may be struggling to find anyone to beat the Russians on price.

Global Markets

Russia and Iran discuss energy link-up

Russia and Iran are discussing two options for linking their energy systems, Russian Energy Minister Alexander Novak has said.

23 February 2017
Companies & Finance

Arcticgas JV on verge of receiving new investment

Arcticgas, a joint venture between Gazprom and Novatek, could be on the verge of receiving new investment that will influence its ability to pay dividends to its shareholders.

23 February 2017
Exploration & Production

Severo-Russky output could plateau at 8 bcm/y – Mikhelson

Plateau production at Novatek’s Severo-Russky concession in the east of the Yamal-Nenets autonomous region could reach up to 8 billion cubic metres.

23 February 2017
LNG

Novatek planning to boost LNG output and keep market share

Novatek wants to boost LNG production while maintaining its share of the domestic market.

23 February 2017
Companies & Finance

Gazprom signs Yamalo-Nenets supply agreement

Gazprom has signed a cooperation agreement with Russia’s Yamalo-Nenets Autonomous District for 2017 that includes a guarantee by the Russian gas giant to supply the district with gas and other petroleum products.

22 February 2017
Supply & Demand

Azerbaijan boosts LPG exports by 35% in 2016

Azerbaijan exported 58,843 tons of LPG in 2016, 35% more than in 2015, a government official has told Interfax.

21 February 2017
Exploration & Production

Kazakh energy minister holds talks on Eurasia project

Kanat Bozumbayev, Kazakhstan’s energy minister, has held an initial round of negotiations with potential stakeholders in the Eurasia project.

21 February 2017
Pipelines, Storage & Power

Azneft planning to boost Azerbaijan’s gas storage capacity

Azneft plans to increase the capacity of the Garadag and Kalmaz underground gas storage facilities to 6 billion cubic metres.

21 February 2017
Exploration & Production

Gas exports from Shah Deniz rise by 5% in January

Azerbaijan’s gas exports from Stage 1 of the Shah Deniz amounted to 695 million cubic metres in January 2017, 4.9% more than in the same period last year.

21 February 2017
Pipelines, Storage & Power

Gazprom awards Allseas contract for second line of Turkish Stream

Gazprom has awarded Allseas Group the contract to lay the second line of the Turkish Stream pipeline.

21 February 2017
Supply & Demand

Kazakhstan targets 3.8% gas output increase in 2017

Kazakhstan is targeting a 3.8% increase in gas production in 2017, Energy Minister Kanat Bozumbayev said at an expanded meeting of the ministry’s board on Thursday.

20 February 2017
Pipelines, Storage & Power

Ukraine’s gas stocks down by 41% so far this heating season

The amount of gas in Ukraine’s underground storage facilities has declined by 41.6% from the beginning of the heating season to 18 February, to 8.61 billion cubic metres.

20 February 2017
Supply & Demand

Gazprom gas price to non-FSU countries rises

Gazprom’s calculated gas price for non-FSU countries has risen to $205.0 per thousand cubic metres this month.

16 February 2017
Pipelines, Storage & Power

Russia open to independent access to gas pipelines – Novak

The Russian Energy Ministry is prepared to consider allowing independent producers to export gas via Gazprom’s pipelines in future, Energy Minister Alexander Novak told Interfax.

16 February 2017
Companies & Finance

Gazprom expects decision from Stockholm court by April

Gazprom is expecting the International Arbitration Court in Stockholm to reach a decision on the debt owed the company by Naftogaz Ukrainy by the end of April.

15 February 2017
Pipelines, Storage & Power

CNPC and Gazprom start commercial pipeline negotiations

Gazprom and China National Petroleum Corp. are shifting from technical to commercial negotiations on supplies of Russian gas from Sakhalin to China.

15 February 2017
Supply & Demand

Ukraine imported 8% more gas from EU in 2016

Ukraine imported 11.1 billion cubic metres of gas from European suppliers in 2016, 8% more than in 2015.

15 February 2017
Exploration & Production

Gazprom abandons Tajikistan licences

Gazprom International has stopped exploring for hydrocarbons in Tajikistan and relinquished its last two licences in the country, the company reported on its website.

14 February 2017
Pipelines, Storage & Power

Kazakhstan launches LNG power plant

Kazakhstan’s Global Gas Group has launched an LNG-fired power plant in Astana. LNG is supplied to the plant by Gazprom.

13 February 2017
Pipelines, Storage & Power

Russia ready to modernise Slovenian power plants

Russian companies are ready to take part in a project to modernise Slovenia’s power plants, Russian President Vladimir Putin said on Friday.

13 February 2017

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