Tag Archives: Russia

Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.

Last year. Gazprom used their pipelines to deliver over 80 billion cubic meters of natural gas. or roughly 46% of its Europe-bound gas deliveries.

Exxon has been in talks with Russian gas giant Gazprom for years over gas sales from Sakhalin-1.

Gazprom'.s 2018 plan for gas production is expected to exceed 430 billion cubic meters. which were initially planned for 2017.

Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.

Lukoil and Indonesia’s Pertamina individually proposed plans to develop the Bangestan reservoir of the Mansouri oil field southeast of Ahwaz.

The Russian Energy Minister noted that Moscow assumes ``the European partners are interested in the implementation of this project``.

China had asked Russia about the possibility of shipping around 3.5 million tonnes of oil via the Russian Pacific port of Kozmino next year.

Russia proposed creating a platform to conduct research in the energy sector for BRICS member-states.

Under the terms of the agreement. the daily volume of extracted gas is set to reach four million cubic meters. The gas will then be delivered to a gas-to-liquid refinery at Mossel Bay.