Pressure gauge on a gas pipeline. Pipelines, Storage & Power

Kiev targets new gas sources with TBP reverse flow

Ukraine’s transmission system operator has launched a plan for reverse flows along the Trans-Balkan Pipeline, but the scheme faces many difficulties.

By Silvia Favasuli 6 April 2018
LNG

Integrated power model takes hold in Russia

Vertical integration plays in Russia’s energy sector provide a healthy line in business for M&A advisers. Hamid Gayibov, managing director at Xenon Capital Partners, spoke to James Gavin and explained the boutique approach to energy sector corporate finance.

8 September 2011
Pipelines, Storage & Power

ITGI leads the Shah Deniz race, but Nabucco still has potential

Contenders are lining up to carry gas from Azerbaijan’s Shah Deniz Phase II gas fields. With submissions due by 1 October, the Italy-Turkey-Greece Interconnector is rumoured to be the clear favourit

8 September 2011
Exploration & Production

BP to start drilling at Shafag-Asiman block in second half of 2016

BP-Azerbaijan will begin drilling exploration wells at the Shafag-Asiman structure in Azerbaijan’s Caspian Sea in the second half of 2016, Arzu Dzhavadov, head of BP-Azerbaijan’s geological prospecting group said on Thursday.

8 September 2011
Pipelines, Storage & Power

Beyneu–Chimkent gas pipeline to gasify Southern Kazakhstan

With construction having begun on the Beynue-Bozoy-Kyzylorda-Chimkent gas pipeline, Interfax investigates the impact it will have on Southern Kazakhstan.

7 September 2011
Policy & Regulation

Gas netback pricing differs for Belarus and Russia

The principles for netback pricing are different for Russia and Belarus, Gazprom’s Deputy Chief Valery Golubev told Interfax in Perm this week.

7 September 2011
LNG

Supertanker carrying Novatek gas condensate sets new record

A 280 m supertanker Vladimir Tikhonov, owned by shipping company Sovcomflot (SCF Group), set a record on 30 August on Russia’s Northern Sea Route (NSR).

7 September 2011
Exploration & Production

Rosneft, ExxonMobil agreement requires no FAS approval

The strategic agreement between Rosneft and ExxonMobil does not require the approval of Russia's Federal Antimonopoly Service (FAS), Deputy FAS chief Andrei Tsyganov told Interfax on Wednesday.

7 September 2011
Pipelines, Storage & Power

Gazprom starts pumping gas into Nord Stream

Gazprom has started pumping gas into the first phase of the Nord Stream gas pipeline. On Tuesday, Russian Prime Minister Vladimir Putin clicked the mouse that opened the valve to let the gas in at the Portovaya compressor station's dispatch centre, an Interfax correspondent reported from the station.

6 September 2011
Pipelines, Storage & Power

EDF, BASF to each get 15% of South Stream

French utility EDF and chemical company BASF will each obtain a 15% stake in the 63 billion cubic metre per year South Stream pipeline project, Gazprom chief Alexei Miller told the press in Moscow on Tuesday.

6 September 2011
Exploration & Production

Real test for ExxonMobil, Rosneft strategic alliance yet to come

Analysts have argued that 2015, when drilling for first Arctic well takes place, will be crucial year in assessing strategic alliance between Exxon and Rosneft.

6 September 2011
Companies & Finance

Terms set for Gazprom’s purchase of remaining 50% of Beltransgaz

The key terms for Gazprom to purchase the remaining 50% of Beltransgaz have been co-ordinated, a representative of the Belarusian state property committee told Interfax today Gazprom already owns a 50% stake in Beltransgaz, which it bought up in equal portions during 2007 and 2010.

6 September 2011
Pipelines, Storage & Power

KazTransGas Aimak to build $27 mln gas pipeline in Zhambyl

KazTransGas Aimak, a subsidiary of Kazakhstan's gas-transport operator KazTransGas, plans to complete a $27 million underwater Kordai-Shu pipeline in the Zhambyl Region by 2013.

5 September 2011
Policy & Regulation

BP to challenge Russian court ruling

As BP today reopened its Moscow office, the UK supermajor is seeking to challenge the law suit against it, which led to a raid on its Moscow office last week.

5 September 2011
Supply & Demand

Ukrainian appeal to international court will only be used as a ‘last resort’

As leaders gathered to meet at the annual Commonwealth of Independent States summit in Dushanbe last week, Ukrainian President Viktor Yanukovich said he considered court action against Russia to be a “last resort” in the country’s current gas standoff with Russian energy major, Gazprom.

5 September 2011
Companies & Finance

Net profits up

KazMunaiGas EP IFRS net profits up 14% in H1.

5 September 2011
Policy & Regulation

Gazprom and Lithuania in Swedish arbitration court

Gazprom filed a request for arbitration against Lithuania at the Arbitration Institute of the Stockholm Chamber of Commerce on 30 August, reported Interfax.ru.

2 September 2011
Exploration & Production

Afghan, Pakistani, Tajik leaders interested in Russian investment in TAPI

Russia's interest to invest in two Central Asia projects – including a project to build a gas pipeline linking Turkmenistan, Afghanistan, Pakistan and India, and a high voltage CASA-1000 electricity transmission project were welcomed in Tajikistan’s capital, Dushanbe on Friday.

2 September 2011
Companies & Finance

Ukraine is not considering Naftogaz-Gazprom merger

Ukraine is not considering the issue of merging national oil and gas company Naftogaz Ukrainy with Gazprom, Vitaly Lukyanenko, press secretary to Ukraine’s Prime Minister Mykola Azarov, told Interfax Friday.

2 September 2011
Exploration & Production

Shell to invest $600 million in Ukrainian shale gas project

Shell intends to invest $600 million in the production of shale gas in Ukraine, the head of the Ukrainian presidential administration, Sergei Lavochkin, told reporters in Kiev.

1 September 2011
Companies & Finance

BP says Moscow office raid has ‘no legal basis’

The raid on BP Exploration Operation Company by Russian Federal Bailiffs is part of a ‘pressure campaign’ says Jeremy Huck, president of BP Russia, but the bailiffs say there are merely enforcing a court decision.

1 September 2011

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