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LNG

Gazprom to attract Japanese capital for Primorye LNG plant

Gazprom is holding talks with Japan about attracting Japanese capital to a project for constructing an LNG plant in the Primorye territory, said the governor of Primorye, Sergei Darkin, who participated in the Asia-Pacific Economic Cooperation summit in Honolulu.

17 November 2011
Exploration & Production

‘Challenges remain’ for giant Shtokman project

Shtokman, one of Russia’s most ambitious energy developments, will go ahead as planned but remains a challenging project, Frederic Barnaud, president and managing director of Gazprom Global LNG, said on Wednesday at the 12th Annual LNG Summit in Rome.

16 November 2011
Supply & Demand

Talks of Ukraine gas deal ‘premature’

Negotiations between Russia and Ukraine on gas supplies are continuing, and comments on their results will be made after the relevant documents are signed, Dmitry Peskov, spokesman for the Russian prime minister, told Interfax on Wednesday.

16 November 2011
LNG

Russia could work with Qatar in all aspects of Yamal LNG project - Shmatko

Russia could work with Qatar throughout the whole Yamal LNG project cycle, including financing, Russian Energy Minister Sergei Shmatko told reporters on Tuesday.

15 November 2011
Supply & Demand

Turkmenistan multiple routes for exporting energy resources - president

Turkmenistan is pursuing a gas export strategy aimed at targeting multiple markets for the delivery of its energy resources to world markets, Turkmen President Gurbanguly Berdymukhamedov said in a welcoming message to attendees at the international Oil and Gas of Turkmenistan 2011 exhibition, which is runs from Tuesday until Thursday in Ashgabat.

15 November 2011
Supply & Demand

Asian market double-edged sword for Russia

While the Asian market represents a viable destination for Russian LNG, there is a note of caution regarding the potential oversupply and rivalry it could face in its efforts to supply this growing market

15 November 2011
Companies & Finance

Qatar eyes stake in Russian independent Novatek

Qatar is considering taking a stake in Russia’s second largest gas producer Novatek, the country’s energy minister said on Tuesday.

15 November 2011
LNG

Shtokman to cost ‘hundreds of billions of dollars’

Investment in the Shtokman project is estimated at hundreds of billions of dollars, Deputy State Duma Speaker Valery Yazev said on Tuesday.

15 November 2011
Exploration & Production

Novatek plans to double gas output by 2020

Russia's second-largest gas producer Novatek plans to double its gas output by 2020 and expects to increase its 2012 gas output by around 6 to 7%, the company's Chief Financial Officer Mark Gyetvay said on Tuesday.

15 November 2011
LNG

Qatar and Novatek discuss partnership in Yamal LNG

The issue of LNG pricing and co-operation in future LNG projects was the main topic at the Gas Exporting Countries Forum in Doha.

14 November 2011
Supply & Demand

Uzbekistan cutting gas exports due to cold weather

Wintry weather is causing Uzbekistan to restrict gas exports to Kazakhstan and Russia to meet its own needs.

14 November 2011
Pipelines, Storage & Power

Volume of Russian gas deliveries to China will be comparable with European - Medvedev

Russian President Dmitry Medvedev believes that in the future Russia will be able to sell the same amount of gas to China as it sells to Europe.

14 November 2011
Pipelines, Storage & Power

Izmir agreements force Shah-Deniz to take stock

Shareholders in the Shah-Deniz 2 project have entered the final stage of decision-making, following Turkey-Azerbaijan transit agreements.

11 November 2011
Companies & Finance

Novatek sold 20% of Yamal LNG to Total for $425 million

Russia's top non-state gas producer Novatek sold 20% of the Yamal LNG project to Total for $425 million, the company said in a financial report on Friday.

11 November 2011
Supply & Demand

RWE announces changes to some gas contracts

German energy company RWE has announced changes to the terms of a number of contracts with gas suppliers.

11 November 2011
Companies & Finance

Novatek could buy Chelyabinsk from Gazprom by December

Novatek could close a deal to buy gas provider Mezhregiongas Chelyabinsk from Gazprom by December.

10 November 2011
Supply & Demand

Gazprom plans up to export 164 bcm to Europe in 2012

Gazprom expects to increase gas supplies to the EU to 151-152 billion cubic metres in 2011, the deputy head of Gazprom export, Sergei Chelpanov, said during a conference call on Wednesday.

10 November 2011
Pipelines, Storage & Power

Gazprom inks deals to deliver 22 bcm via 2nd Nord Stream line

Gazprom has signed contracts to transport 22 billion cubic metres of gas through the second strand of the Nord Stream pipeline, Deputy General Director of Gazprom Export Sergei Chelpanov said during a conference call on Wednesday.

10 November 2011
LNG

Uzbekistan secures feedstock gas for GTL plant

Uzbekistan has earmarked 24 gas and condensate deposits as feedstock for a gas-to-liquids (GTL) plant with an estimated nominal capacity of 1.4 million tons per annum, the management of national holding company Uzbekneftegaz has told Interfax.

10 November 2011
Companies & Finance

Gazprom posts $10 billion profit in Q2 results

Russia’s Gazprom, the world’s largest producer of gas, said on Wednesday that its second quarter net profit hit 303.7 billion rubles ($10.03 billion) because of rising sales.

9 November 2011

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