Tag Archives: Alexander Novak

The gas pipeline will stretch over a distance of about 1.100 km and will pump a total of 31.5 billion cubic meters of natural gas annually.

Russia and South Africa are in talks on the cooperation of companies in the production of hydrocarbon raw materials.

There are no plans for Russia to have an extraordinary meeting with the Organization of the Petroleum Exporting Countries and U.S. shale producers.

The biggest obstacle to Iran reintegrating into the global financial system is the remaining US sanctions.

The export of Russian oil grew by 2.1 percent. to 8.6 million barrels per day last year.

Yamal LNG has raised additional finance with several European banks.

At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.

Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.

Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.

The Russian Energy Ministry plans to hold a familiarization tour for colleagues from Saudi Arabia for projects in Siberia in July.