Svetlana Savateeva

Russia correspondent

TNK-BP net profit soars 54% to $9 bln in 2011

TNK-BP posted net profit under GAAP accounting standards of $9 billion in 2011, 54% more than in 2010, the company said in a statement.

29 February 2012

Gazprom, Serbia to sign 2 bcm gas supply agreement

Gazprom and Serbian state-owned company SrbijaGas are planning to sign a long-term buy-sell agreement for around 2 billion cubic metres of Russian gas per year

22 February 2012

Lukoil to produce 25-30 bcm of gas at Yamal fields in 10 years

Lukoil, Russia’s second-largest oil producer, plans to increase annual gas output at its Yamal fields from 8 billion cubic metres to between 25 and 30 bcm in 10 years as part of the company’s strategy up to 2025

22 February 2012

Gazprom, Kogas step up gas supply talks

Further talks between Russia’s Gazprom and South Korea’s Korea Gas Corp. (Kogas) concerning the proposed North Korean transit pipeline will be conducted in March, Gazprom said on Monday.

21 February 2012

Russian Energy Ministry submits Eastern Gas Programme

Russia’s Energy Ministry submitted its Eastern Gas Programme to the government at the end of last year, Deputy Energy Minister Sergei Kudryashov told reporters on Thursday.

2 February 2012

Gazprom gas exports to Italy, Turkey boost 2011 European supply

Due to increased demand from Turkey and Italy, Gazprom exports jump in 2011

30 January 2012

Gunvor’s problems at Ust-Luga port spread to Novatek terminal

Independent gas producer Novatek, which is building a terminal at the Ust-Luga port on the Baltic Sea faces engineering issues similar to those of Rosneftbunker, the Guvnor subsidiary, Vedomosti reported on Wednesday, citing a letter Transneft President Nikolai Tokarev sent to Russian Deputy Prime Minister Igor Sechin.

25 January 2012

Gazprom stands firm on Ukraine gas volumes for 2012

The amount of gas Ukraine contracted to purchase in 2012 cannot be reduced to the annual 27 billion cubic metres Ukraine is demanding, official Gazprom representative Sergei Kupriyanov told Interfax o

12 January 2012

Gazprom plans LNG shipments to India from 2016

Russia plans to start shipping LNG to India from 2016, Russian President Dmitry Medvedev said at a meeting with Indian and Russian business leaders in the Kremlin on Friday.

16 December 2011

Novatek - a global gas player by 2020

Although Novatek plans to double its share in the Russian gas market, the company also hopes to extend its reach and become a global gas player

12 December 2011

Lukoil plans $48 bln investment programme to 2014

Russia’s Lukoil plans to invest $48 billion between 2012 and 2014 as part of a new capital expenditure programme outlined by the company’s board of directors on Thursday.

1 December 2011
The Shtokman gas field has been named as the main supplier of LNG in three preliminary agreements. (PA)

Shtokman volumes underpin Gazprom MOUs with India

The Shtokman gas field in the Barents Sea is the main resource base underpinning a series of three preliminary agreements between Gazprom and Indian groups GAIL, Gujarat State Petroleum Company and Petronet LNG.

3 June 2011

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