Proactive discussion of benefits for the mineral extraction tax (MET) on offshore fields is expected to start this fall, Russian Minister of Natural Resources Sergei Donskoi said. “We have not yet discussed it in detail. However, I think more active discussion will start in fall”, Donskoi said. Meanwhile, the ministry will support any project stimulating…
Japanese JGC Corporation is exploring the possibility of building a mini LNG plant on Sakhalin, press service of the Sakhalin region government said. “The topic of constructing a mini LNG plant on the south of Sakhalin Island has been raised in May during a visit to Japan by the representative Russian delegation headed by Deputy…
Five companies, including NJSC Naftogaz of Ukraine, carried out gas imports to Ukraine in July, according to PJSC Ukrtransgaz, the Ukrainian operator of the gas transportation system. “Five companies were engaged in importing natural gas for domestic consumers in July”, Maksym Biliavsky, the head of Ukrtransgaz’s press service wrote on Facebook. NJSC Naftogaz of Ukraine…
An accident at a Russian plant producing raw materials for liquefied natural gas has caused 30% shortage in the Ukrainian market for liquefied natural gas. This, in turn, led to higher prices, deputy director and expert of a Kyiv consulting company has said. “The factors that have caused the price surge are almost over. It…
PJSC Ukrtransgaz has appealed to court to recover 434 million UAH from Odessa port-side chemical plant in payment for gas consumed in June, Ukrtransgaz Head Ihor Prokopiv has said. “In June the plant consumed 53 million cubic meters of gas, not buying it from anyone. On July 15, we closed the balance sheet, getting a…
Tajik government is expected to reduce financing for the Roghun hydroelectricity project next year. Tajik Finance Minister Abdusalom Qurbobiyon revealed that the government would reduce financing for the Roghun hydroelectricity project to 1.3 billion somoni in 2017. “Over the last three years, the budget has annually earmarked about 3 billion somoni for the project”, the…
A number of new departments have been established under the Turkmennebit (Turkmen Oil) state concern to further improve the activity of the Turkmen oil and gas complex. Among them are the department of production sharing agreements (PSA) and department of foreign relations. The department on the current repair and overhaul of wells, the department on…