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
Exploration & Production

Novatek buys four Rosnedra Yamal gas properties $2.37 billion

The Russian Federal Subsurface Resources Agency (Rosnedra) cancelled a tender to sell four gas properties to be used for LNG production in the Yamal-Nenets Autonomous District, and instead sold the properties to Novatek, the agency's chief, Anatoly Ledovskikh confirmed to Interfax.

24 June 2011
Exploration & Production

India’s ONGC to explore for oil and gas in Uzbekistan

Uzbekistan and Indian Oil & Natural Gas Company (ONGC) will explore for oil and gas in the central part of the country, a government source told Interfax.

23 June 2011
Policy & Regulation

Lithuania may delay Lietuvos dujos reorganisation

Lithuania may delay the reorganisation of its state-owned gas import and transportation company Lietuvos dujos until July 2013.

23 June 2011
Supply & Demand

Gazprom offered remaining 50% stake in Beltransgaz in buy/sell deal

A Belarusian delegation has offered Gazprom a draft buy-sell agreement for a 50% state packet in its state-owned gas pipeline and transportation company, Beltransgaz for $2.5 billion.

23 June 2011
Exploration & Production

Power outage reduces Shah Deniz output

BP Azerbaijan has reduced gas production at the offshore Shah Deniz field due to power supply problems, the company's press office told Interfax today.

22 June 2011
LNG

Gazprom may consider investing in West European power generation

Gazprom’s board of directors may examine proposals on investment in power generation assets in Western Europe at the end of the year.

22 June 2011
LNG

Russia and Japan energy co-operation shows growth potential

Gazprom and Japan energy co-operation has major growth potential, Gazprom said in a press release following a meeting between its chief executive, Alexei Miller, and the Japanese ambassador to Russia, Chikahito Harada.

22 June 2011
Exploration & Production

Gazprom hopes to reach agreement this year on purchases of gas from Sakhalin-1

Gazprom hopes this year to reach an agreement on gas purchased from the Sakhalin-1 project, the company's Deputy CEO Alexander Ananenkov, told journalists on Tuesday.

21 June 2011
Exploration & Production

Azerbaijan’s Azneft cuts gas output by 5.3% in five months

Azneft, part of the State Oil Company of the Azerbaijani Republic (SOCAR), reduced gas output by 5.3% year-on-year to 2.8 billion cubic metres in January-May 2011, SOCAR told Interfax.

21 June 2011
Exploration & Production

Statoil eyes $16 billion in project investment in 2012

Statoil expects total investment in its global project portfolio to equal $16 billion in 2012, the same level as in 2011, the company’s CEO Helge Lund said on Monday.

20 June 2011
Companies & Finance

Gazprom and Eni discuss gas asset swaps

Gazprom CEO Alexei Miller and ENI CEO Paolo Scaroni discussed an asset swap, as well as a gas supply contract between Gazprom and gas producer SeverEnergia, at a meeting held during the St. Petersburg Economic Forum in the past week.

20 June 2011
Novatek’s CEO Leonid Mikhelson (PA) LNG

Interview: Novatek’s CEO Leonid Mikhelson

President of Novatek, Leonid Mikhelson, discusses Novatek’s Yamal-LNG project, among other issues.

20 June 2011
Supply & Demand

Gazprom export revenue could top $60 billion in 2011

Gazprom's export revenue from non-CIS countries could exceed $60 billion in 2011, compared with $43.87 billion in 2010, Gazprom’s deputy chief executive, Alexander Medvedev said today.

20 June 2011
Companies & Finance

ONGC still in talks with Russian counterparts

Oil and Natural Gas Corp. (ONGC) chairman A K Hazarika said the company is in talks with Russia’s Bashneft and Russneft over merging its Russian assets, but that nothing had yet been finalised, Reuters reported Monday.

20 June 2011
Companies & Finance

Novatek in talks with VTB to buy Alrosa gas assets

Novatek may buy the gas assets of Alrosa, which includes Urengoi Gas Company LLC and Geotransgaz.

20 June 2011
Exploration & Production

Kazakhstan likely to gain entry to Karachaganak by autumn

Kazakhstan’s Oil and Gas Ministry has reached a preliminary agreement to develop the giant Karachaganak gas field, following several years of negotiations with the Karachaganak Petroleum Operating (KPO) consortium headed by BG Group and ENI.

17 June 2011
Pipelines, Storage & Power

Russia and China fail to agree on gas price

Chinese President Hu Jintao and Russian President Dmitry Medvedev have yet to reach agreement on the price and delivery dates China will pay for Russian gas supply to be delivered via two planned pipelines by 2015.

17 June 2011
Pipelines, Storage & Power

Gazprom to start building Yakutia pipeline in 2012

Gazprom will begin construction of a gas pipeline from the Chayanda gas condensate field in Yakutia, which will tie the field to the Sakhalin-Khabarovsk-Vladivostok pipeline, in 2012, Gazprom CEO Alexei Miller said during a visit to Gazprom’s central dispatching centre with Chinese leader Hu Jintao and Prime Minister Putin.

17 June 2011
Supply & Demand

Gazprom January to May exports rise

Gazprom increased its exports by 24 billion cubic metres in the first five months of 2011, compared to the same period in 2010, the company’s chief executive Alexei Miller said on Thursday.

17 June 2011
Pipelines, Storage & Power

Novatek inks deal to supply gas to Fortum to 2015

Novatek will supply 3 billion cubic metres per year of gas to power utility Fortum through to 2015, Fortum said in an earnings report on Thursday.

17 June 2011

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