• Natural Gas Daily
  • Former Soviet Union
Supply & Demand

Ukraine 2011 Russian and Central Asian gas imports cost $8.58 billion

Ukraine imported 2 billion cubic metres of natural gas from Kazakhstan, Turkmenistan, and Uzbekistan in April-July of at an average cost of $280 per thousand cubic meters (Mcm).

15 September 2011
Companies & Finance

Rosneft to acquire Sintezneftegaz's assets at sunk costs – Rosneft CEO

Russian oil company Rosneft plans to acquire CJSC Sintezneftegaz's assets at sunk costs, Rosneft president Eduard Khudainatov told Interfax on Tuesday.

14 September 2011
Exploration & Production

Gazprom set to obtain Kovykta licence by early October

Russian gas giant Gazprom expects to receive licensing rights to the Kovykta gas condensate deposits by early October, Vsevolod Cherepanov, Gazprom’s Head of the Gas, Gas Condensate and Oil Production Department said on Wednesday.

14 September 2011
Supply & Demand

Russia and Belarus to sign gas deal in December

Russia and Belarus are preparing to sign a new deal on gas supplies in December, before the expiration of the current deal, Russian state gas export monopoly Gazprom said in a statement on Monday.

13 September 2011
Policy & Regulation

Russian court cancels order allowing BP Moscow office raids

The arbitration court of Russia's Tyumen region has cancelled its ruling that authorised bailiffs to raid BP's Moscow office in late August for documents related to the collapsed BP-Rosneft deal, a spokesman for BP's Moscow headquarters said on Tuesday.

13 September 2011
Companies & Finance

Rosneft plans to finish draft plan for working with ExxonMobil by end of 2011

Rosneft will finish drafting a plan for working with ExxonMobil by the end of the year, the Russian company's chief, Eduard Khudainatov, told Interfax on Tuesday.

13 September 2011
Companies & Finance

AAR says it will continue to defend its interests in BP dispute at Stockholm tribunal

The Alfa-Access-Renova (AAR) consortium of shareholders which represents the interests of TNK-BP will continue to defend its interests in a dispute with BP at the Stockholm Arbitration Tribunal, AAR's managing director, Stan Polovets, told Interfax on Tuesday.

13 September 2011
Supply & Demand

Gazprom exports and production fall by over 10%

After a strong few months of year-on-year growth, Russia’s gas exports have fallen in early September. Why exactly is this happening?

13 September 2011
Exploration & Production

Rosneft mulls Exxon participation in Val Shatsky project in Black Sea

Russian oil company Rosneft is engaged in negotiations with two companies, one of them ExxonMobil, over participation in the Black Sea Val Shatsky project, company chief Eduard Khudainatov today told Interfax on Tuesday.

13 September 2011
Companies & Finance

Azneft gas production down 4% in H1

The production association Azneft, a State Oil Company of the Azerbaijani Republic (SOCAR) gas and oil extraction wing, produced 4.5 billion cubic metres of gas in the period between January and August, 4.3% less year-on-year, SOCAR told Interfax on Tuesday.

13 September 2011
Supply & Demand

SOCAR gas exports increased by 62% in past 8 months

State Oil Company of the Azerbaijani Republic (SOCAR) exported 1. 9 billion cubic meters of gas between January and August, 61.9% more year-on-year, the company told Interfax.

13 September 2011
Companies & Finance

Reports of departure 'cheap speculation' – Rosneft CEO

Rosneft CEO Eduard Khudainatov on Tuesday dismissed reports that he would resign as “cheap speculation”.

13 September 2011
Policy & Regulation

Russia eyes Rosneft privatisation

As part of its attempts to raise 1.2 trillion rubles ($40 billion) from selling state assets in the next three years, Russia plans to sell up to 15% in oil producer Rosneft for over 200 billion roubles ($6.77 billion) in 2012, according to Russia’s Economic Ministry.

12 September 2011
Policy & Regulation

IMF expects Ukraine to hike gas tariffs

The International Monetary Fund (IMF) has insisted that Ukraine increase its gas tariffs if it is to continue to receive financial assistance from the organisation.

12 September 2011
Exploration & Production

Absheron gas production could start in 2021-2022 - SOCAR

Gas production at Azerbaijan's offshore Absheron block could start in 2021-2022, Hoshbakht Yusifzade, first vice president of the State Oil Company of the Azerbaijani Republic (SOCAR), said at recent press conference in Azerbaijan.

12 September 2011
Exploration & Production

Cameron and Medvedev may review Gazprom and Shell Sakhalin 2 partnership

Gazprom and Shell are considering the possibility of increasing gas extraction and the production of LNG at Sakhalin, Russian presidential aide Sergei Prikhodko told reporters ahead of British Prime Minister David Cameron's visit to Moscow – a first visit in six years by a British prime minister.

12 September 2011
Supply & Demand

Turkmenistan, China developing energy cooperation

The Turkmen capital of Ashgabat hosted the first meeting of a Turkmen-Chinese subcommittee for energy co-operation on Friday.

12 September 2011
Exploration & Production

Total makes major discovery in the Caspian Sea

Total’s discovery in the Caspian is a consequence of increased drilling activity and will impact Azerbaijan’s future export strategy. However, future problems such as an inability to sign an agree

9 September 2011
Companies & Finance

Bashneft closes on financing

Russian hydrocarbon explorer Bashneft has reached financial close on a $300 million pre-export financing with a syndicate of four lenders including BNP Paribas, Deutsche Bank, ING and Goldman Sachs.

9 September 2011
Companies & Finance

Gazprom to request FAS approval for merger with Renova power assets in next two weeks

Gazprom plans in the next two weeks to seek permission from Russia's Federal Antimonopoly Service (FAS) to merge its power-generation assets with those of Viktor Vekselberg's Renova group.

9 September 2011

Viewing 3,961-3,980 of 4,139 articles