Tag Archives: Russia

Lukoil owns two 9-megawatt solar power stations at its own refineries in Romania and a 1.3-megawatt station in Bulgaria.

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

In 2013. Vankorneft was chosen as an operator on development of new fields of Vankor Cluster located close to the Vankor field.

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.

Qatar and Russia have long been rivals in global gas markets.

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.

The second and third Bushehr reactors. which are estimated to cost upwards of $10 billion. are scheduled for launch in 2024 and 2026 respectively.

Over 350 chiefs of oil and gas companies of Russia. Europe and Asia will take part in the second East Russia Oil and Gas Forum.