The Power of Siberia pipeline. Difficult relations with the West may encourage Russia to look east. (Gazprom) Policy & Regulation

Court case caps Russia’s year of discord

Russia’s Gazprom is unlikely to find 2016 any easier than 2015, as key disputes over supply infrastructure and gas contracts are likely to fester.

Part of the Sakhalin 2 LNG project – Gazprom’s only liquefaction facility. (Gazprom) LNG

Gazprom M&T; ramps up LNG ambitions

The Russian giant's marketing and trading arm is trying hard to build its presence on the global LNG stage, but experts say it lacks a coherent strategy.

Policy & Regulation

Tengizchevroil fined for damage from flaring in Kazahkstan

Joint venture company Tengizchevroil was fined nearly KZT 125 million for causing environmental damage in Kazakhstan as a result of gas flaring.

23 December 2015
Exploration & Production

Rosneft to recieve Khatanga rights

Rosneft will receive the rights to prospect, explore and develop the Khatanga section, the Russian government has said in a statement.

23 December 2015
Supply & Demand

Russia's 2015 gas exports could be up y-o-y – Novak

Russian gas exports for 2015 could increase by 4.8% year on year to 190 billion cubic metres, Energy Minister Alexander Novak said.

23 December 2015
Companies & Finance

Uzbekistan keeps up GTL finance effort

Uzbekistan will continue its efforts to create a consortium to finance the construction of a GTL plant, national oil and gas company Uzbekneftegaz told Interfax.

22 December 2015
Supply & Demand

Azerbaijan exports down year on year

Azerbaijan exported 7.56 billion cubic metres of gas between January and November 2015 – 2.1% less than in the same period last year.

22 December 2015
Supply & Demand

Ukraine would buy Russian gas at $200/Mcm

Ukraine is prepared to buy gas from Russia in Q1 2016, but only if prices are reduced to less than $200 per thousand cubic metres, Volodymyr Demchyshyn has said.

22 December 2015
Companies & Finance

Gazprom Neft-Kazakhstan plans to boost market share

Gazprom Neft-Kazakhstan plans to increase its market share from 8% to 9% in 2016, General Director Marat Malatayev told journalists at Interfax’s Kazakhstan press centre in Almaty.

21 December 2015
Companies & Finance

Gazprom pulls out of Overgas JV

Gazprom is withdrawing from the Overgas 50/50 joint venture it owns with Bulgarian Overgas Holding, Bulgaria’s Capital Daily has reported.

21 December 2015
Supply & Demand

Gasum and Gazprom agree on contract revision

Gazprom and Finnish gas distributor Gasum have reached agreement on revising the terms of their gas supply contract, Gasum has said in a release.

21 December 2015
Pipelines, Storage & Power

Uzbekistan puts off pipeline to China

Uzbekistan has postponed the construction of a fourth gas pipeline to China until 2016 because of technical reasons, the country’s national oil and gas company Uzbekneftegaz told Interfax.

21 December 2015
Exploration & Production

Russia postpones Baltic gas auction to 2016

The auction to sell Russian gas to the Baltic States – planned for this year – will not take place before 2016, despite Russian plans to extend supply contracts with Lithuania’s Amber Grid.

21 December 2015
Exploration & Production

Guneshli oil well fire kills seven, 23 missing

An oil well fire on the Guneshli N10 platform in the Caspian Sea has been extinguished, while the search for 23 missing people continues.

18 December 2015
Companies & Finance

Fluxys buys Gazprom’s Interconnector UK stake

Fluxys closed a deal on Thursday to buy Gazprom’s 10% stake in Interconnector UK, the owner and operator of the underwater pipeline between the UK and Belgium.

18 December 2015
Pipelines, Storage & Power

CNPC and Gazprom sign Power of Siberia agreement

Gazprom and China National Petroleum Corp. have signed an agreement in Bejing for the design and construction of the cross-border section of the Power of Siberia pipeline

18 December 2015
Supply & Demand

Gazprom output may hit second record low

Gazprom’s annual gas production may reach a record low for the second consecutive year.

18 December 2015
Supply & Demand

Noble Clean Fuels and Engie win Naftogaz tenders

The UK’s Noble Clean Fuels and France's Engie were the winners in the first three tenders to supply gas to Naftogaz Ukrainy, paid for by the European Bank for Reconstruction and Development.

17 December 2015
Supply & Demand

Ukraine toughening up on gas supply security

Ukraine’s role as a transit state for Russian gas may be declining, but there are signs resilience is being built into its gas system as it shifts focus to European suppliers.

17 December 2015
Companies & Finance

DEA closes E.On asset deal

DEA Deutsche Erdoel, which is owned by LetterOne, has closed its deal to buy 100% of the shares of E.On’s Norwegian oil and gas business E.On E&P; Norge.

17 December 2015
LNG

China provides funding for Yamal LNG

China’s Silk Road Fund (SRF) has provided €700 million ($759 million) for the $27 billion Yamal LNG project, Novatek Chief Executive Leonid Mikhelson told reporters.

17 December 2015
Policy & Regulation

Medvedev attends Gazprom EU antitrust hearing

A hearing as part of the European Commission’s antitrust case against Gazprom was held in Brussels on Tuesday.

16 December 2015

About 2,980 articles for Former Soviet Union

1 2 3 149