A JKX gas facility in Ukraine. The company is dealing with another shareholder dispute. (JKX) Global Markets

JKX struggles bode ill for Ukraine gas sector

UK-listed JKX faces its second shareholder dispute in 18 months and is struggling to fend off the advances of Russian/Ukrainian investors.

By Silvia Favasuli 19 June 2017
Pipelines, Storage & Power

Gas reserves in underground storage in Azerbaijan to top 3. 5 bcm by start of 2012 - SOCAR

Total gas reserves in underground storage facilities in Azerbaijan will come to over 3.5 billion cubic metres this year, the State Oil Company of the Azerbaijani Republic’s (SOCAR) head, Rovnag Abdullayev, told journalists on Friday.

18 July 2011
Exploration & Production

TNK-BP set to expand international output

Russia’s TNK-BP wants foreign projects to account for 10% of its total oil and gas production within the next five years, the company's deputy CEO, Maxim Barsky, told Interfax yesterday.

11 July 2011
Companies & Finance

Gazprom pushes Naftogaz merger as Ukrainian imports slump

Naftogaz Ukrainy, the country’s state-owned gas and oil company, has reduced its gas imports from Russia by about 50% so far in July, compared with June, according to data from Russia's Fuel and Energy Central Dispatch Service.

6 July 2011
Pipelines, Storage & Power

Belarus reduces gas imports in favour of power

The Belarusian government has asked its Energy Ministry to work out how the country can reduce natural gas imports from Russia and Ukraine, and increase power imports instead.

6 July 2011
Companies & Finance

Ukraine boosts gas-transit to Europe/CIS 14% in first half 2011

The first half of this year saw 58.078 billion cubic metres of natural gas transit Ukraine on its way to Europe and countries in the CIS, which was a 13.9% year-on-year increase.

5 July 2011
Policy & Regulation

Economic Ministry proposes two-phase gas price tariff for 2012-2014

The Russian Economic Development Ministry has proposed raises in electricity tariffs for industry in two phases, Andrei Klepach, a deputy economics minister, told reporters.

5 July 2011
Supply & Demand

LNG imports up 66% at CNOOC's Fujian terminal

China National Offshore Oil Corp.'s (CNOOC) Fujian LNG import terminal received 20 deliveries of LNG in the first half of this year, a government bureau announced today.

5 July 2011
Supply & Demand

Gazprom to decide on Kovykta gas supply scheme after local demand analysis

Gazprom will decide on the destinations for gas supplies from the Kovykta field in the Irkutsk region once a local gasification scheme has been prepared, the company's CEO, Alexei Miller, told a press conference today.

4 July 2011
LNG

Gazprom to build port for Shtokman by 2017

Gazprom Offshore Production, a subsidiary of Gazprom, plans to finish the construction of its own port on the Kolsky Peninsula at Teribersky bay, by 2017, a source close to the project told Interfax today.

4 July 2011
Condensate tanks, Karachaganak Petroleum Operating (KPO) Exploration & Production

Kazakh stake purchase may move forward third phase of Karachaganak

The end of the disputes regarding the Karachaganak gas field may help bring about the third phase of the development.

4 July 2011
Exploration & Production

Gas production at Bovanenkovo to reach 115 bcm by 2016

Gas deliveries from the Bovanenkovo field on the Bovanenkovo-Ukhta pipeline will begin in the third quarter of 2012 and subsequently rise to 115 billion cubic metres, Prime Minister Vladimir Putin said at an inter-regional conference of the ruling United Russia party in Yekaterinburg.

1 July 2011
Supply & Demand

Gazprom to update gas contracts as it enters European electricity market

Gazprom plans to update existing gas delivery contracts when the company begins taking part in electricity generation projects in Europe, Gazprom CEO Alexei Miller said in his report to shareholders today.

1 July 2011
Companies & Finance

Kazakhstan may pay up to $1 billion for Karachaganak stake

The cost of a 5% stake in the Karachaganak Petroleum Operating (KPO) consortium for Kazakhstan could be as high as $1 billion, a source familiar with the situation told Interfax.

1 July 2011
Supply & Demand

Ukraine received 75% of planned gas deliveries in first half 2011

Ukraine received 75% of planned gas imports for the full year from Russia in the first half of 2011. It took more gas in the first half because prices are expected to rise in the second half.

30 June 2011
LNG

Gazprom plans to capture 14% of global LNG market by 2030

Gazprom plans to capture 14% of the world LNG market by 2030, a member of the company's managing board and head of its strategic development department, Vlada Rusakova, said during Gazprom’s annual shareholder meeting today.

30 June 2011
Supply & Demand

Gazprom raises nearly $1 billion in export financing for Nord Stream compressor station

Gazprom raised around $950 million in funding to build the Portovaya compressor station, which will pump gas into the submarine section of the Nord Stream gas pipeline between Russia and Germany, Gazprom's financial and economics department said in a presentation.

30 June 2011
Companies & Finance

Gazprom 2011 investment may rise to record amount

Gazprom's investment programme for 2011 may rise to a record 1.24 trillion rubles ($44 billion), up from the previously planned 816 billion rubles ($29.26 billion), Deputy CEO for finance and economics Andrei Kruglov told reporters in Moscow today.

30 June 2011
Companies & Finance

State-owned Russian energy companies seek foreign partnerships

Following its failed alliance with BP, Rosneft is looking for a new strategic partner, while two other Russian state-owned oil and gas companies also declared their intention to seek project partnerships with energy majors.

29 June 2011
Exploration & Production

Russian driller looks for growth in Caspian, Middle East

Eurasia Drilling Corporation, one of Russia’s largest service companies, is unlikely to make any further big ticket acquisitions in Russia after closing a $150 million deal to buy part of Slavneft, the group’s chief financial officer Richard Anderson told reporters in London yesterday.

29 June 2011
Exploration & Production

Portugal’s REN looking at shale gas potential

The operator of Portugal’s electricity transmission network, REN, is looking at the potential for shale gas production within the country, a senior company official told Interfax on Wednesday.

29 June 2011

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