Tag Archives: Russia

Russian oil and gas major Gazprom announced it has begun construction on an offshore ice-resistant platform for its Arctic shelf gas field development, Kallanish Energy reports. The offshore production platform will be deployed to the Kamennomysskoye Sea gas field, located in the Ob bay of the Kara Sea. The field …

Russia’s Gazprom is considering, with Chinese partners, increasing the capacity of its Power of Siberia gas pipeline to 44 Bcm/year from the current design capacity of 38 Bcm/year, CEO Alexei Miller said June 26. In an entry to his online column following Gazprom’s annual general meeting, Miller also said there …

Despite the impact of COVID-19, the implementation of the Arctic LNG 2 project has been progressing, Russia’s largest independent gas producer Novatek has said. “Currently, the overall progress for the Project is estimated at 19%, with concrete casting of the first GBS platform estimated to be completed by 37%,” Novatek …

The Foreign Ministry of Libya’s UN-backed government on Saturday said that there are “mercenaries” allied with the rival eastern-based army shutting down oil exports inside oilfields and ports. “The Foreign Ministry followed up reports and information confirming presence of foreign mercenaries of the Russian Wagner, Janjaweed, and other mercenaries inside …

A Hungarian firm announced Saturday it will join the TurkStream gas pipeline, running from Russia to Turkey. MOL said it will join the gas pipeline through Serbia. The regulator approved a 10-year development plan that includes the construction of a new Serbian-Hungarian gas inter-connector, with a capacity of 6 billion …

The wind farm could generate 320GWh of clean energy annually and offset more than 250,000 tonnes of CO2.

Novatek, the largest private natural gas supplier in Russia, has said it will have sufficient gas reserves to add a $10bn LNG plant to its processing complex in northwest Siberia, and that it plans to build a series of transshipment complexes. The company began producing LNG at its Yamal plant …

Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline project, should substantiate its appeal against the decision of the German Federal Network Agency [Bundesnetzagentur] not to exempt the Nord Stream 2 project from requirements of the revised EU gas directive, a spokesperson of the Higher Regional …

Lukoil said on Monday that it started drilling an exploration well at the Shirotno-Rakushechnaya prospect located north of the V.I. Grayfer field. The well, with the target depth of 1,650 meters, was drilled from the Astra jack-up drilling rig. The rig is designed for shallow waters and the sea at …

The Russian energy ministry expects the average Urals price to be $35/b in 2020, minister Alexander Novak said in an interview with German daily Handelsblatt published June 20. Russia’s 2020 budget is based on an oil price of $42/b, officials said previously. Novak said he currently only expects oil services …