The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.
Read More »Majority of Germans Support Construction of Nord Stream 2 Pipeline
Some 66% of those polled support construction of the Nord Stream 2 pipeline
Read More »Europe Pay 30% more for US LNG
Nord Stream 2 is a project to expand the existing Nord Stream main gas pipeline.
Read More »NIOC Considers Gazprom Proposal for Development of North Pars Field
Gazprom had recently submitted proposals to the NIOC to study Changuleh and Cheshmekhosh fields.
Read More »China Eyes Russia LNG amid Trade Tension
China'.s imports of LNG from the US have also grown very fast recently.
Read More »Iran. Russia Consider Oil Cooperation
The two sides exchanged views on Tehran-Moscow energy cooperation roadmap.
Read More »Rosneft Mulls Opening Filling Stations Network in Germany
Rosneft is Germany’s third biggest oil refining market player. with aggregate capacity of 12.5 million tonnes a year.
Read More »Rosneft Files $1.4 Billion Suit against Sakhalin-1 Participants
Sakhalin-1 is operated by Exxon Neftegaz Ltd. through which ExxonMobil owns 30 percent in the project.
Read More »Sechin Says 2018 Dividends Seen Higher than in 2017
Rosneft supplies Germany with fuel via petrol stations operated by its partners BP and Total.
Read More »Yamal LNG Is among the most Competitive Projects in the World
During the first part of the route. through the Laptev Sea. the vessels had to sail in up to two meters thick very close drift ice.
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