Tom Washington

Gazprom’s profitable Russian customers dwindle

Independent Russian gas producers are poaching Gazprom’s most profitable customers, but the monopoly may prove resilient.

19 December 2014

Myanmar cuts into Turkmen exports to China

Turkmenistan saw its lead over other providers of pipeline gas to China narrow slightly in October.

18 December 2014

The price of Gazprom’s pivot to the east

Gazprom has access to cash to build Power of Siberia and possibly the Altai pipeline, but questions remain over how China will help.

17 December 2014

Chevron to pull out of Ukrainian shale gas project

A senior Kiev official has confirmed reports that Chevron has ditched plans to develop shale gas at the Oleske deposit in Ukraine.

16 December 2014

Ukraine's mainland gas production increases

Total gas production, including associated gas, on mainland Ukraine increased by 2.3% year on year between January and October 2014.

15 December 2014

Falling oil price is no threat to Yamal LNG – Timchenko

Novatek majority shareholder Gennady Timchenko is bullish on the prospects of Yamal LNG, but Novatek’s strong liquids segment could be hit by cheaper oil, which may affect shareholder financing for the project.

10 December 2014

Ukraine pays for Russian gas in December

Gazprom has received an advance payment from Naftogaz Ukrainy for December gas supplies, and the Russian giant is waiting to hear how much the Ukrainian national oil and gas company wants to import, Gazprom’s official representative Sergei Kupriyanov told Interfax.

8 December 2014

Unclear future for Russian LNG – Mitrova

Russia is feeling the effects of sanctions and the consequences of a falling global oil price. Interfax speaks to Tatiana Mitrova, of the Russian Academy of Sciences, about the prospects for the Russian gas sector.

5 December 2014

The riddle of South Stream

Gazprom has announced it has shelved South Stream, a move which seems to benefit the Russian gas company more than the EU, despite hostile European politics.

4 December 2014

Kazakhstan to start shale gas exploration

Kazakhstan has ambitions to explore fo shale gas, Deputy Energy Minister Uzakbai Karabalin said on Wednesday. The government in Astana has already allocated funds to the geology committee, he said.

4 December 2014

South Stream gone but not forgotten in Turkish gambit

Ukraine is back in the picture as a transit state and Gazprom is focusing on Southeastern Europe following Russian President Vladimir Putin’s announcement that the South Stream pipeline will be shelved.

2 December 2014

Medvedev authorises 19.5% Rosneft privatisation

Prime Minister Dmitry Medvedev has signed the order required to privatise 19.5% of shares in state oil major Rosneft, they are currently held by state holding company Rosneftegaz.

1 December 2014

Kazakhstan hopes to become key energy producer

Kazakhstan should become a leading producer of energy resources, Kazakh Prime Minister Karim Massimov said at the international Energy Charter Conference in Astana.

28 November 2014

Russia sanctions could hit GEH equipment supplies

Gazprom power generating subsidiary Gazprom Energoholding has expressed concern about receiving equipment it has signed and paid for, as suppliers fear further potential sanctions.

26 November 2014

Uzbekistan approves $2.7 bln Lukoil-Hyundai GPP contract

Uzbek President Islam Karimov has approved a $2.66 billion contract between Russia’s Lukoil and South Korea’s Hyundai Engineering to build a gas processing plant for the Kandym group of fields.

25 November 2014

Russian gas production and exports continue to fall

Russia has taken its second important step in a year towards diversifying pipeline exports, a move that will favour Gazprom above its rivals Novatek and Rosneft.

24 November 2014

Possible pipeline renaissance looms for Gazprom

Gazprom’s plans to boost LNG capacity are being buffeted by sanctions, but its rivals’ plans to do likewise are also looking questionable and the gas giant has other opportunities.

20 November 2014

Eni extends Turkmenistan production sharing agreement

Eni has extended the duration of its production sharing agreement to develop the onshore Nebit Dag area in west Turkmenistan to February 2032 and has transferred 10% of its stake to national oil company Turkmenneft.

18 November 2014

Uzbekistan sees steady export growth

Uzbekistan’s exports to China amounted to 360 MMcm in September, according to Chinese customs data. This represents steady growth over 2014 and a 56.52% increase year on year.

17 November 2014

Naftogaz returns some of Gazprom’s transit payment

Naftogaz Ukrainy has returned to Gazprom a portion of the payment for transit of Russian gas through Ukraine in September-October 2014, a Naftogaz spokesman told Interfax.

12 November 2014

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