Russia: Erginskoye oilfield to be auctioned

The Russian Natural Resources and Environment Ministry plans to auction the Erginskoye oilfield in the Khanty-Mansi Autonomous District until the end of 2016, an official said. Media reported earlier that the auction had been suspended as foreign investors had not decided on their participation in the auction. The ministry earlier offered to set a requirement…

Ukraine: gas transit up in August 2016

The scheduled repair of Nord Stream for the period from August 9 through August 17 has resulted in a rise in Russian gas transit across the Ukrainian gas transport system to Europe by 20%, spokesman of public joint-stock company Ukrtransgaz Maksym Beliavsky has said. “Due to repair of Nord Stream gas pumping by Ukraine to…