gas plant in siberia Policy & Regulation

Russia could reduce extraction tax for Gazprom JVs

The Russian government is considering whether to amend its Mineral Extraction Tax, but such a move is far from straightforward.

By Therese Robinson 3 November 2017
Companies & Finance

Gazprom and Saudi Aramco to cooperate

Gazprom has signed a memorandum of understanding with Saudi Aramco to work together in the gas industry.

9 October 2017
LNG

Russia approves draft agreement on LNG cooperation with Pakistan

Russian Prime Minister Dmitry Medvedev has approved a draft agreement with Pakistan.

6 October 2017
Exploration & Production

Russian gas production set to beat forecasts

Russia’s Energy Ministry expects domestic gas production to amount to around 670 billion cubic metres in 2017.

5 October 2017
Companies & Finance

Saudi Arabia signs more than $3 bln of energy deals with Russia

Saudi Arabia and Russia will sign energy deals worth more than $3 billion during the state visit of the Saudi King to Moscow.

5 October 2017
Pipelines, Storage & Power

Azerbaijan will bring new gas generator online next May

A second combined-cycle gas turbine at the Shimal power plant near Baku in Azerbaijan is scheduled to come online in May 2018

4 October 2017
Supply & Demand

Gazprom gas production up 19.1% over 9M 2017

Gazprom produced 340 billion cubic metres of gas in the first nine months of 2017, 19.1% more than in the same period in 2016.

3 October 2017
Supply & Demand

Gapzrom ups exports to non-CIS countries by 6.7% in September

Russia’s Gazprom boosted gas exports to non-CIS countries by 6.7% year on year in September, to 14.86 billion cubic metres, according to company data.

3 October 2017
Ukrainian president Petro Poroshenko Policy & Regulation

Ukraine must clean up its act to attract Western players

Kiev needs to break the stranglehold of Ukraine’s oligarchs if it wants companies to invest in the country.

2 October 2017
Supply & Demand

Gazprom to export more than 28 bcm to Turkey in 2017 – Miller

Gazprom will export more than 28 billion cubic metres of gas to Turkey in 2017, Chief Executive Alexei Miller told reporters on Thursday.

29 September 2017
LNG

Talks begin with offtakers for LNG from third train at Sakhalin 2

Sakhalin Energy is in talks with potential buyers of LNG from the planned third train at the Sakhalin 2 LNG plant.

28 September 2017
LNG

Far East LNG’s planned capacity boosted to 6 mtpa

The capacity of Russia’s Far East LNG plant, planned by Rosneft and ExxonMobil on Sakhalin Island, could increase from 5 mtpa to 6 mtpa.

28 September 2017
LNG

Russian minister expects Gazprom, Exxon deal for Sakhalin 2

Kirill Molodtsov believes ExxonMobil will come to an agreement regarding gas sales to Gazprom for the Sakhalin 2 LNG plant.

26 September 2017
Pipelines, Storage & Power

Ukraine gas storage levels up from 2015 and 2016

Ukraine has almost doubled the amount of gas it has in underground storage since the end of the last heating season.

26 September 2017
Exploration & Production

Ukraine’s Naftogaz files $5 bln lawsuit over Crimea assets

Naftogaz Ukrainy has submitted a $5 billion compensation claim against Russia over the "unlawful seizure" of assets in Crimea.

21 September 2017
Exploration & Production

Russian ministry forecasts increased gas reserve growth

Russia’s Natural Resources Ministry expects growth in the country’s oil and gas reserves in 2017 to exceed levels seen in 2016.

20 September 2017
Companies & Finance

Gazprom to spend $1 bln on Power of Siberia in 2017 – source

Gazprom will have allocated around $1 billion of additional financing in 2017 to build the Power of Siberia pipeline and equip the Chayanda oil and gas condensate field.

19 September 2017
Exploration & Production

Exxon reaches settlement over Sakhalin 1 tax dispute

Russia has reached an out-of-court settlement with ExxonMobil regarding its tax dispute over Sakhalin 1.

15 September 2017
Companies & Finance

Gazprom management approves revised investment programme

Gazprom’s management committee has approved the company’s revised investment programme for 2017.

15 September 2017
Pipelines, Storage & Power

Gazprom to boost capacity of Punginskoye storage to 3.5 bcm

Gazprom will increase the working capacity of its Punginskoye gas storage facility to 3.5 bcm by October.

13 September 2017
Pipelines, Storage & Power

Russia increases gas flows through Ukraine

Gazprom plans to up flows via Ukraine in response to maintenance on Nord Stream, but Naftogaz says significant order fluctuations are not covered by the contract between the companies.

13 September 2017

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