Tag Archives: Russia

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.

Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.

The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina.

Russia has proposed to create a research platform for the energy sector to be shared among the BRICS states.

The Government of Denmark proposes to amend the Law on the Continental Shelf. which provides for the refusal to construct pipelines in the event of an environmental threat.