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Tag: Russia

US, Russia top energy officials discuss oil prices, agree on dialogue involving G20

The oil market has been extremely volatile since early March after OPEC+ members failed to reach an agreement on oil production cuts, and also amid…

Russian companies to supply oil to Belarus without premiums

Russian companies will supply oil to Belarus without premiums, BelTA learned from Prime Minister of Belarus Sergei Rumas on 24 March. Sergei Rumas said: “Since…

Gas Production in Russia to Beat Record in 2018

Natural gas production in Russia this year will exceed 700 bcm, which will be a new record. “The record of gas production will be set…

Russian natural resources ministry admits sanctions are biting on natural gas projects

Sanctions against Russian oil and gas industry have complicated new gas projects development in the country, especially offshore and at hard-to-extract fields, the country’s natural…

Export Duty on Oil in Russia to Grow from September 1

The export duty on oil in Russia from September 1, 2017, according to the calculations of the RF Ministry of Finance, will increase by $…

Gas Production in Russia Increased by 11.3% in H1 of 2017

The volume of gas production in Russia in January-June of 2017 increased by 11.3% compared to the same indicator of 2016 and amounted to 342.543…

Gazprom to build 1100 km of Power of Siberia in 2017

In 2017, Gazprom, a Russian gas holding, is planning to build over 1,100 km of gas pipeline within the Power of Siberia project, with a…

Caspian Collapse: Cargo Turnover of Russian Ports Plummeted

According to the Association of Russian Sea Ports, during the first four months of 2017 the volume of cargo transshipment in the Caspian Sea ports…

Any future for the Turkish Stream pipeline?

Just recently Moscow announced that GAZPROM was about to start construction of the Turkish Stream, a potential compliment to the already functioning Blue Stream. The…

Gazprom will buy Uzbek gas to prevent its supply to China?

There is no economic sense for Gazprom to buy Central Asian gas just as gas. It needs it as an instrument of influence in its…

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