Supply & Demand

Gazprom pipeline exports keep growing in 2017

Gazprom managed significant increases in piped gas exports to Germany, Turkey and Austria in 2017.

By Tom Hoskyns 16 February 2018
Exploration & Production

Kazakhstan may pay up to $1.1 billion for stake in Karachaganak project

Kazakhstan may pay from $700 million to $1.1 billion for a stake in the Karachaganak gas condensate deposit project.

5 October 2011
Exploration & Production

Uncertainty about Kashagan Phase II persists, Kazakh minister says

North Caspian Operating Company (NCOC) and the Kazakh government have yet to reach a mutual understanding on the second phase of the Kashagan project in the Caspian Sea, Kazakh Oil and Gas Minister Sauat Mynbayev said on Tuesday.

4 October 2011
Exploration & Production

Novatek’s Yamal wager

Novatek’s flagship Yamal LNG project is still in the initial stages and the company faces a series of challenges to bring the development to fruition. So will the gamble pay off?

4 October 2011
Exploration & Production

Karachaganak talks to wrap up by end 2011 – BG

The talks between Kazakhstan and the Karachaganak Petroleum Operating (KPO) on Kazakhstan’s joining the Karachaganak project will be completed by the end of the year, BG Executive Vice-President of Europe and Central Asia, Chris Finlayson, has said.

4 October 2011
LNG

Sakhalin Energy to supply TEPCO with LNG

Sakhalin Energy, the operator of the Sakhalin-2 oil and gas project off Russia's Pacific coast, will supply Tokyo Electric Power Company (TEPCO), Japan's largest electricity provider, with liquefied natural gas under a mid-term contract, the Energy Ministry said on Monday.

3 October 2011
Supply & Demand

Turkey: A tough negotiating partner

Turkey is making good use of its strong position in negotiations with Gazprom over renewing its import contracts, and if the Russian major back downs it could set a precedent for other European compan

30 September 2011
Pipelines, Storage & Power

Gazprom board meets to discuss independent producers

The management board of Russian gas major Gazprom on Thursday discussed working with independent producers and asked Gazprom subdivisions to continue working toward optimising the prices, volumes and gas markets of independent organisations.

30 September 2011
LNG

Shtokman requires $4 billion tanker fleet

Sovcomflot (SCF), Russia’s state owned shipping company, has estimated that the Gazprom-led Shtokman project to produce LNG from a Barents Sea field almost 600 km offshore may require a $4 billion fleet to transport the fuel.

29 September 2011
Exploration & Production

RWE interested in studying Ukraine's Black Sea shelf - Naftogaz

Ukraine’s Naftogaz Ukrainy and Germany’s RWE Dea AG signed a memorandum of cooperation on Wednesday, which will see the companies jointly explore areas on Ukraine’s Black Sea shelf, in addition to attempting to increase hydrocarbon production in the former Soviet republic, according a statement released on the Naftogaz website.

29 September 2011
Policy & Regulation

Arctic shelf exploration difficult without tax breaks

Russia will not be able to develop its Arctic and Far Eastern shelves without radical tax changes, Russia’s leading energy expert has warned.

29 September 2011
Policy & Regulation

European Commission searches Eesti Gaas offices

The European Commission Directorate General for Competition conducted an unannounced search at Estonia's Eesti Gaas company offices this week on the suspicion that the gas distributor may have engaged in anticompetitive practices.

29 September 2011
LNG

Gazprom wants Russian share of Sakhalin-2 in gas for duration of project

Gazprom would like to receive its share of revenues from Sakhalin-2 in gas rather than cash for the duration of the project, the head of the gas giant’s eastern projects, Viktor Timoshilov said at the Sakhalin 2011 Oil and Gas Conference in Yuzhno-Sakhalinsk in Russia on Tuesday.

28 September 2011
Pipelines, Storage & Power

Kogas sees cost of North Korean section of gas pipeline from Russia at $2.5 bln

South Korea’s national gas corporation Kogas estimates the cost of building the North Korean stretch of a pipeline running from Russia at $2.5 billion, the company’s general director, Lee Chang Seon, said at the Sakhalin Oil and Gas 2011 conference in Yuzhno-Sakhalinsk, Russia.

28 September 2011
Companies & Finance

Gazprom’s budget gap

With rising gas sales and prices, Russian gas giant Gazprom on Tuesday increased its 2011 investment programme by 36% to 1.277 trillion rubles ($39.4 billion). But with spending exceeding revenues by 480 billion rubles, how sustainable is this new investment strategy?

28 September 2011
Exploration & Production

Exxon to book Kara Sea Reserves

US super-major, ExxonMobil will book gas reserves it finds in East Prinovozemelsky Blocks 1, 2 and 3 in the Kara Sea, although its partner, Rosneft holds the licences.

27 September 2011
Supply & Demand

Gazprom boosts LNG supplies to Japan

Russian gas giant Gazprom has shipped an additional 325,000 tons of LNG to Japan in the wake of the Fukushima nuclear plant disaster, Alexander Medvedev, Gazprom’s Deputy CEO said on Tuesday.

27 September 2011
Pipelines, Storage & Power

ExxonMobil to keep Sakhalin 1 gas

Gazprom has yet to win support from ExxonMobil to pump Sakhalin-1 gas into its Vladivostok pipeline, with the US major saying it is still considering other potential markets, including China.

27 September 2011
Pipelines, Storage & Power

Caspian has sufficient resources for Nabucco - Baku

Azerbaijan backs the Nabucco project, and the Caspian has enough resources for it, Azerbaijani Industry and Energy Minister Natig Aliyev said on Saturday at a conference devoted to the 20th anniversary of the country's independence.

26 September 2011
Policy & Regulation

Russia keeps gas export duty break for Turkey

Russia will postpone cancelling zero export duties for gas destined for Turkey via the Blue Stream pipeline for one year, Finance Minister Alexei Kudrin today said.

26 September 2011
Supply & Demand

Gazprom, CNPC upgrade proposals on Russian gas supplies to China

Gazprom and China National Petroleum Corp. (CNPC) have agreed to upgrade proposals on Russian gas supplies to China, a statement by Gazprom announced on Monday.

26 September 2011

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