Svetlana Savateeva

Russia correspondent

Yamal LNG expects to sign CNPC sales deal next month

Yamal LNG plans to sign a firm contract on the sale of LNG to China National Petroleum Corp. during President Vladimir Putin’s scheduled visit to China in May, Leonid Mikhelson, chief executive of YLNG shareholder Novatek, has told journalists.

22 April 2014

Chiyoda joins EPC consortium for Yamal LNG

Japan’s Chiyoda Corp. has joined the engineering, procurement and construction (EPC) consortium building the Yamal LNG plant, several sources with knowledge of the situation told Interfax.

3 April 2014

Gazprom chief and French ambassador discuss cooperation prospects

Gazprom Chief Executive Alexei Miller and French Ambassador to Russia Jean-Maurice Ripert have held a working meeting amid rising tensions between Moscow and the EU and the latter’s threats to reduce its dependence on Russian energy supplies.

27 March 2014

Gazprom expecting Vladivostok LNG to ship in 2019

Gazprom plans to finish building the first train of its Vladivostok LNG plant (VLNG) in Q4 2018 and to start shipping gas in 2019, Igor Krutikov, head of Gazprom LNG Vladivostok, said at the LNG Russia 2014 conference.

14 March 2014

Eni earns 400% return on SeverEnergia investment

Italy’s Eni, which sold its stake in Russian gas company SeverEnergia at the end of 2013, earned a 400% return on the investment, which it made in the course of the Yukos bankruptcy.

14 February 2014

Rosneft to supply Vankor gas this year

Russian energy major Rosneft plans to start feeding associated petroleum gas from the Vankor deposit into the Gazprom transport system this year.

10 February 2014
Sunrise at a Rosneft rig in the Severnaya archipelago, northern Russia. (Rosneft)

Rosneft gas output doubles, earnings beat consensus

2013 saw Rosneft complete an impressive shopping spree and set ambitious targets for gas production in a direct challenge to Russian gas majors Novatek and Gazprom.

5 February 2014

Novatek boosts reserves at flagship Yurkharovo gas field

Novatek boosted proven reserves at its flagship Yurkharovo gas field by 85.3 billion cubic metres last year, the Russian Federal Subsurface Resources Agency (Rosnedra) said.

4 February 2014

CNPC affirms attractions of Yamal LNG

NPC has signed and sealed its stake in Russia’s Yamal LNG project. Technical questions remain unanswered and the structure of CNPC’s payment is unclear, but this is an important landmark.

15 January 2014

Gazprom puts China deal on hold, lowers production

Gazprom Chief Executive Alexei Miller has ostensibly pushed back a contract on gas deliveries to China until next year, saying he does not rule out signing it before the Chinese New Year (31 January 2

18 December 2013

Putin approves LNG exports

Russian President Vladimir Putin has signed into law a bill liberalising LNG exports, breaking Gazprom’s long-held export monopoly and opening the door for Novatek and Rosneft to ship the fuel to cu

2 December 2013

Gazprom, Vitol might team up in French, UK electricity sector

Gazprom and commodity house Vitol have outlined steps to work together on generating electricity in Europe with Russian gas, the state-owned company said on Monday.

2 December 2013

Novatek launches new fields, expands oil

Independent gas producer Novatek plans to put seven new deposits – including an oil deposit and new production capacity at Severenergia – into operation in the next two years, according to a compa

8 November 2013

LNG export liberalisation could come into effect next month

The law to liberalise Russian LNG exports could come into effect on 1 December, according to the text of the bill that has been introduced to the State Duma.

8 November 2013

Yamal LNG contract with Spain’s Gas Natural specifies delivery port

Yamal LNG’s export contract with Spain’s Gas Natural Fenosa specifies the port where the LNG is to be delivered, Novatek Chief Executive Leonid Mikhelson told journalists in Tomsk, without identif

6 November 2013

Price remains a problem for Gazprom-China gas deal, but Rosneft to ship $85 bln of oil

Gazprom will start negotiating gas deliveries to China via the ‘western route’ as soon as they agree on a contract for the delivery of pipeline gas from Russia to China via the ‘eastern route,�

22 October 2013

Novatek increases gas production by 9%

Independent gas producer Novatek increased gas production by 9% to 45.8 billion cubic metres between January and September year on year, according to preliminary figures reported by the company.

11 October 2013

Timchenko looking to invest in Chinese LNG terminals

Gennady Timchenko, the co-owner of Novatek and commodities trader Gunvor, is considering investing in Chinese regasification terminals.

10 October 2013

Rosneft’s direction unclear in Severenergia

There could be problems ahead for Arctic joint venture Severenergia. Gennady Timchenko – the major shareholder in Russian independent Novatek – has hinted there will be limitations for rival and n

10 October 2013

Yamal looking for Pakistani buyers

Novatek Gas & Power and Gunvor are considering exporting LNG from the Yamal LNG project in the Russian Arctic to Pakistan.

3 October 2013

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