Tag Archives: Europe

The Nord Stream 2 line has faced criticism because it would allow Gazprom to bypass Ukraine'.s pipeline system.

Total produced 2.7 million barrels of oil equivalent per day in the first six month of the year. compared to 2.5m in H1 2017.

India is Iran’s top oil client. and it is also one of the countries that are most heavily dependent on oil imports.

Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.

Russia. in order to prevent perception of this step as unfriendly. will increase the price also for Belarus. but later will down the price.

In July. Russia planned to boost production by 200.000 barrels per day.

The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.

Some 66% of those polled support construction of the Nord Stream 2 pipeline

Nord Stream 2 is a project to expand the existing Nord Stream main gas pipeline.

Gazprom had recently submitted proposals to the NIOC to study Changuleh and Cheshmekhosh fields.