The total value of the transaction is 1.368 billion euros.
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The export of Russian oil grew by 2.1 percent. to 8.6 million barrels per day last year.
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EU gas consumption increased sharply by 30 bcm. or 7.1 percent - the fastest growth since 2010. Russia saw the largest drop in consumption of any country (-12 bcm).
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Carbon prices under the European Emissions Trading System have fallen to about 5 euros a ton from about 30 euros in 2008 because of a glut of permits.
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Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.
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In 2017. non-OPEC oil supply is projected to grow by 0.84 million barrels per day.
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On 7 May 2017. the construction of the TurkStream gas pipeline began.
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SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.
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Statoil has invested more than $10 billion in Brazil. making it the country'.s largest foreign offshore operator.
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