Tag Archives: Production

With many Soviet-era oil fields in decline. Russia will need new sources by the mid-2020s if it wants to maintain production.

Domestic production meets some 30 per cent of the demand for oil and around 70 per cent for gas in the country.

The collaboration could include creation and development of infrastructure in Uzbekistan.

Venezuela’s oil production has fallen to levels not seeing since the late-1980s.

Latin America is expected to experience growth in indigenous natural gas production.

Initial production and service operations are expected to commence in 2019.

Yamal LNG began commercial operation early this month.

Medvedev acknowledged that Europe may take more LNG imports. especially when demand exceeds the capacity of pipeline suppliers.

Members of the alliance are pooling their ideas to find ways to mitigate the impact of the work they undertake.

It is estimated that the repair will take about one week from today.