LNG

Russia plans to boost LNG output

If realised, Russia’s plans for new liquefaction projects could see the country become the world’s fourth-largest LNG producer in 10 years’ time.

By Tom Hoskyns 23 March 2017
LNG

Gazprom pushes back Sakhalin 2 expansion

Gazprom has pushed back its schedule for the expansion of Sakhalin 2 LNG.

13 March 2017
Supply & Demand

Gazprom gas price for non-CIS countries stabilises

The estimated price for Gazprom’s gas sales outside of the CIS stabilised at $204/Mcm in March.

13 March 2017
LNG

Gazprom postpones Baltic LNG launch

Gazprom has again postponed the tentative date for the launch of its 10-15 mtpa Baltic LNG plant at the port of Ust-Luga until 2022-2023.

10 March 2017
Companies & Finance

Putin to meet Exxon CEO

Russian President Vladimir Putin will hold a meeting with ExxonMobil Chief Executive Darren Woods on Thursday.

9 March 2017
LNG

Novatek in talks to buy LNG subsidiary

Russia’s Novatek is holding talks with Gazprombank on the purchase of its subsidiary CJSC Kriogaz, four sources familiar with the situation have told Interfax.

9 March 2017
Igor Yusufov with Former Vice President Dick Cheney after the first US-Russia energy summit in 2002. (Igor Yusufov) Global Markets

Russia and US need third energy summit – Yusufov

Former Russian energy minister Igor Yusufov believes a third Russian-American energy summit is key to furthering bilateral energy ties.

9 March 2017
Companies & Finance

Nord Stream 2 funding could be decided in H1 2017 – Mehren

Gazprom’s would-be foreign partners in Nord Stream 2 could settle on a funding scheme to build the gas pipeline in the first half of this year.

8 March 2017
LNG

Russian LNG projects need tax breaks – Shell Russia head

Shell wants new LNG projects in Russia to receive state support in the form of tax relief, Shell Russia head Olivier Lazar has told journalists.

8 March 2017
Pipelines, Storage & Power

Ukrainian storage withstands cold winter

Ukraine has enough gas in storage to get it through the heating season despite a cold winter, according to state-owned Naftogaz Ukrainy.

8 March 2017
Exploration & Production

Lukoil targets the Middle East

Russia’s Lukoil is targeting new projects in the UAE, Iran, Oman and Kuwait to expand its operations in the Middle East, regional vice president Gati al-Jebouri says.

7 March 2017
Policy & Regulation

Turkmenistan and Uzbekistan committed to joint energy security

Turkmenistan and Uzbekistan will continue to coordinate their energy security efforts, the presidents of both counties say.

7 March 2017
Exploration & Production

Siemens signs agreement on Russian offshore rig factory

Siemens has signed a cooperation agreement with two Russian companies to build a production facility for offshore drilling rigs in Russia.

7 March 2017
Companies & Finance

OMV to buy Uniper stake in Russian field

Austria’s OMV has agreed to buy Uniper’s 24.99% stake in the Yuzhno-Russkoye gas field in Western Siberia for $1.85 billion.

6 March 2017
Companies & Finance

Gazprom will reveal Nord Stream 2 finance details by end of March

Gazprom will disclose the arrangement for financing the construction of the Nord Stream 2 gas pipeline before the end of March, the company’s deputy chief executive has said.

3 March 2017
Supply & Demand

Gas transit through Ukraine increases in January and February

The volume of gas transported via Ukraine increased by 31.4% on an annual basis – equivalent to 3.95 billion cubic metres – in the first two months of 2017.

3 March 2017
Pipelines, Storage & Power

Naftogaz applies for right to intervene in OPAL case

Naftogaz Ukrainy has applied for the right to intervene in the case against the European Commission’s decision to allow Gazprom to increase gas flows via the OPAL pipeline.

2 March 2017
Supply & Demand

Greece increases Russian gas imports 35% in 2016

Gazprom exported 2.68 billion cubic metres of gas to Greece in 2016, up by 35.0% from 2015.

2 March 2017
Supply & Demand

Gazprom output increases for fourth month in a row

Gazprom increased its gas production for the fourth consecutive month in February as cold weather hit Russia and exports to countries outside the CIS were strong.

2 March 2017
Pipelines, Storage & Power

No need to review Power of Siberia contract – Gazprom

Gazprom sees no reason to review the contract on gas supplies to China via the Power of Siberia pipeline.

2 March 2017
Pipelines, Storage & Power

Gazprom lays one-quarter of Power of Siberia

Gazprom had laid 490 km of the Power of Siberia trunk gas pipeline as of 1 February and plans to build 600 km over the course of 2017.

28 February 2017

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