Azerbaijani state oil company SOCAR and French Total have activated work on the development project of the Absheron gas field in the Caspian Sea, a source on the oil and gas market of Azerbaijan said. “The parties are completely satisfied with the negotiations”, the source said. “The signing of a large number of contracts is…
Russia’s ELSIB shipped the fifth electric engine to Uzbekistan, the press service of the company said. The electric engine shipped to Takhiatash thermal power station. The company said that the contract for supply of the electric engines was inked in 2015 and its execution was completed in late July 2016. For the last three years,…
The World Wildlife Fund (WWF) will lobby for a change in the route of the gas pipeline Power of Siberia-2 in order to preserve the UNESCO World Heritage Site Golden Mountains of Altai, WWF Russia’s extractive industry environmental policy officer Alexey Knizhnikov said. In 2015, Russia’s energy giant Gazprom and the China National Petroleum Corporation…
Russian gas exports to non-CIS countries in January-July increased by 10.7% YoY, Gazprom CEO Alexey Miller said. “According to preliminary data, in the first 7 months of 2016, export of Russian gas to non-CIS countries increased by 10.7% or by 9.5 billion cubic meters YoY. The leader in growth in absolute terms is United Kingdom…
Ukraine pumped 1 billion cubic meters (bcm) of natural gas into the underground storage facilities in July and reached the level of 10.7 bcm of gas as of August 1, according to PJSC Ukrtransgaz’s, the Ukrainian operator of the gas transportation system. According to the Gas Infrastructure Europe (GIE), at present 10.66 bcm of natural…
Ukrainian natural gas consumption in January-July dropped to 17.1 billion cubic meters from 19.4 billion for the same period last year, Department of Public Relations and Press at Ukrtransgaz company reported. “The operator of the domestic pipeline system reports that the consumption of natural gas by Ukraine has amounted to 17.1 billion cubic meters since…
Total E&P Russie, a 100% affiliate of Total group, has transferred a 20% participating interest in and the operatorship of the Production Sharing Agreement for the Development and Production of Oil in the Kharyaga Field to Zarubezhneft-Production Kharyaga LLC, a subsidiary of Zarubezhneft JSC. Pursuant to Amendment No. 3 to the Kharyaga PSA signed by…