OAO NOVATEK today reported preliminary production data for the third quarter and nine months 2011. Gross production for the third quarter totaled 13.45 billion cubic meters of natural gas and 998 thousand tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 4.95
Polish gas pipeline operator Gaz-System has offered a number of firms access to import capacity on its Lasow interconnector on the border with Germany. The Polish company offered 500mn m³/yr of additional capacity from January 2012 as a result of expansion of the interconnector to 1.5bn m³/yr from 1
At the IGU Council meeting 6 October 2011 in Dubrovnik, Croatia, important decisions were taken about future IGU leadership, membership and extension of the IGU Secreteriat. At the IGU Council meeting 6 October 2011 in Dubrovnik, Croatia United States of America was elected to host the World Gas Con
Pursuant to the decision by the Federal Subsurface Use Agency, the license for hydrocarbons production and geological exploration in the Kovykta gas and condensate field was re-registered in the name of Gazprom. In March 2011 Gazprom acquired the assets of RUSIA Petroleum via an auction procedure. T
Kansai Electric Power Co has bought liquefied natural gas from Norway for the first time, a source said, a likely expensive purchase that… (reuters) [mappress] Source: reuters, October 07, 2011
The shipping industry will face tougher financing conditions in the next 24 months as banks tighten credit lines with more asset sales and… (guardian) [mappress] Source: guardian, October 7, 2011
Russia “doesn’t exclude” allowing natural-gas producers other than OAO Gazprom, the state export monopoly, to ship the fuel abroad… (bloomberg businessweek) [mappress] Source: bloomberg businessweek, October 7, 2011
Golar LNG Limited announced today that it has entered into an agreement to sell the companies that own the floating storage and regasification unit (FSRU) Golar Freeze to subsidiary company Golar LNG Partners L.P. for a price of $330 million. The transaction is expected to close before the end of Oc
Total today signed with Novatek the final agreements to jointly develop the Yamal LNG project, becoming the main international partner on this gas liquefaction project with a 20% share. Novatek intends to keep at least a 51% interest in the project. “Total is very pleased to be given this opportunit
Rising gas demand due to milder weather and a dip in imports from Norway lifted British prompt gas prices on Thursday. (reuters) [mappress] Source: reuters, October 6, 2011
After a series of constructive meetings during the past few weeks, RWE and Gazprom have agreed to continue their talks on a possible joint venture intensively. Alexey Miller, Gazprom Chairman of the Company’s Management Committee, and Jürgen Großmann, CEO of RWE AG, decided this on the occasion of a
After operating StarIPS for 4 years on more than 15 vessels, Anthony Veder and MirTac have expanded the fleet wide implementation of the STAR IPS Fleet Management Software on Anthony Veder’s newly acquired ships. The former system was successfully converted to StarIPS and optimized to achieve the sa
Ukraine’s national oil and gas company Naftogaz Ukrainy has transferred around $867 million to OJSC Gazprom as full settlement for gas… (kyivpost) [mappress] Source: kyivpost, October 6, 2011
Azerbaijan has already started considering the three bids it received from pipeline groups to take Shah Deniz gas to Europe, and the… (platts) [mappress] Source: platts, October 6, 2011
