Tag Archives: Gazprom

Gazprom Neft acquired a 25.02 percent stake with the right to increase it to 50 percent in Evrotek-Yugra.

ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.

The SOCAR is Azerbaijan’s largest oil and gas company and AzMeCo’s activity is focused on petrochemical projects development.

VChNG. located in east Siberia. produces around 165.000 barrels per day of oil. delivered via the East Siberia-Pacific Ocean pipeline.

Last month. Gazprom began constructing the Turkish Stream natural gas pipeline off the Russian Black Sea coast.

Analysts say oil production in the region - apart from Prirazlomnoye - is years away and may start only in the mid-2020s.

Russia and its state firm Gazprom cover one-third of Europe’s gas needs.

According to the Oil and Gas Authority (OGA). UK’s gas import dependency would rise to 78 % in 2035. compared to 48 % dependency estimated for 2017.

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.

Iran needs foreign investment for repairs and upgrading of its oil and gas fields.