Work at the Yamal  LNG plant. (Novatek) LNG

Novatek mulls trans-shipment facility in Russia’s far east

Novatek may build a 20 mtpa station to transfer Yamal LNG cargoes from ice-class vessels to standard tankers to reduce costs.

By Tom Hoskyns and Natalya Lebedkina 3 August 2017
Pipelines, Storage & Power

Turkmenistan starts up gas sales to China

Turkmenistan has started to sell gas to China through the eastern section of China’s second West-East pipeline, which runs to Guangzhou.

21 July 2011
Companies & Finance

TNK-BP back in the courts

Minority shareholders in TNK-BP are preparing a lawsuit against two BP-nominated directors to claim damages over the failed BP/Rosneft tie-up.

21 July 2011
Companies & Finance

German report says EnBW will offer Novatek a deal on VNG

German utility Energie Baden-Wuerttemberg (EnBW) is offering independent Russian gas company Novatek up to a quarter of Germany’s third-largest importer Verbundnetz Gas (VNG), daily newspaper Handelsblatt reported on Wednesday.

20 July 2011
LNG

Sakhalin Energy posts net profit of $2.26 billion in 2010

Sakhalin Energy, the operator of the Sakhalin-2 project, posted a net profit of $2.26 billion in 2010 under International Financial Reporting Standards, the company said in its Sustainable Development Report 2010.

20 July 2011
Supply & Demand

Moldovagaz hopes to sign new five-year deal with Gazprom

The Russian-Moldovan natural gas supplier Moldovagaz and its majority stockholder - Russian gas giant Gazprom - agree that it would be advisable to sign a new contract on the export of natural gas to Moldova for the next five years, a Moldovagaz management spokesman told Interfax, referring to the results of a Moldovan delegation to Moscow on 15 Ju

19 July 2011
Pipelines, Storage & Power

Ukraine starts upgrade for Urengoi-Pomary-Uzhgorod gas pipeline

Modernisation of the Ukrainian gas pipeline system will give Ukraine a chance to become a transistor nation, Prime Minister Mykola Azarov said on Tuesday at a ceremony to launch the upgrade of the Urengoi-Pomary-Uzhgorod trunk pipeline in the Bohuslav district of Kyiv region.

19 July 2011
LNG

Novatek tanker navigates Northern Sea Route

A Novatek tanker loaded with 60,000 tons of gas condensate is well on its way to China, after passing through the Northern Sea Route.

18 July 2011
Exploration & Production

KazMunaiGaz stake essential for next Karachaganak production phase

Interfax reported earlier in July that Kazakh Oil and Gas Minister, Sauat Mynbayev, said the development of the third phase of the Karachaganak project could only move ahead if KazMunaiGaz received a 10% of stake in Karachaganak Petroleum Operating (KPO), the operator of the huge gas field.

18 July 2011
Companies & Finance

Ukraine gives 3P International Energy permission to buy Tysagaz

Ukraine's anti-monopoly committee has given Canada's 3P International Energy- permission to acquire private gas company Tysagaz, based in the Zakarpatskaya region, the Canadian company said on its website on Friday.

18 July 2011
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

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