75 hydrocarbon fields were discovered on the Sakhalin Island, including 13 offshore ones. Almost all fields are located in the northeastern part of the island, the regional Ministry of Natural Resources said. “The majority of onshore oil and gas fields are at late development stages. Regional onshore oil production may be increased in the near…
Rosneft has commenced the geochemical survey at its three licensed fields in the Barens Sea: Albanovsky, Varneksky and Zapadno-Prinovozemelsky. According to the company’s press release, total area exceeds 77,000 sqm. Two research vessels will be involved. Operator of the works in the fields is Rosneft’s subsidiary – RN-Shelf-Arctic LLC specializing in arranging of works at…
The Odessa Port-Side Chemical Plant (OPCP) will be put up for sale again in October, presumably at a lower starting price, Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said. He noted at a forum dedicated to 100 days of work of the government in Kyiv that an unsuccessful tender for…
Naftogaz Ukrainy in April-June did not import natural gas, the press service of the state holding said. The holding confirmed it had resumed gas purchases from European suppliers at the expense of own funds in July. In the first quarter Naftogaz Ukrainy imported natural gas to Ukraine at a price of $198 per 1,000 cubic…
During July 11-17, hot weather without precipitation was observed across the territory of the republic. Average weekly air temperature was above the norm by 2.5-3.8 C and reached +23.3-25.2 C. Hot and dry weather, observed during the week, resulted in intensive evaporation of moisture from the soil and created poor conditions for crops growth and…
Russian export market was characterized by sufficient supply at the background of limited demand that determines trends of prices. Last week, downward trend in export prices was observed in the Russian grain market. In particular milling wheat price in deep-water ports decreased by $2-3 to $165-167/MT FOB under the pressure of global downward trends. The…
Kyiv regional administration intends to present a project to build a big orbital road around Kyiv to investors in late July, Kyiv region governor Maksym Melnychuk has said. “One of the largest strategic projects for Kyiv region for this year is the bid ring road around Kyiv. I think that by late July Kyiv regional…