Sovcomflot, USC and Gazprom Sign Agreements on Reservation of Construction Slots for “Gaz Ice” Carrier Series and Promotion of Russian Involvement in LNG Shipbuilding
Today at the Saint-Petersburg International Economic Forum, Russia’s largest shipping company OAO Sovcomflot signed an agreement with OAO United Shipbuilding Corporation (USC) for the reservation of construction slots for the placement of orders to build further gas carriers of the Velikiy Novgorod series. Along with the agreement on the reservation …
Rosneft and Vitol Sign Heads of Agreement on LNG Sale and Purchase
Capitalizing on their successful cooperation in oil and petroleum product supplies, Rosneft and Vitol have agreed heads of terms regarding cooperation in a new sphere – liquefied natural gas (LNG). The Heads of Agreement for an LNG sale and purchase contract was signed by Rosneft President and Chairman of the …
Rosneft Signs Crude Oil Supplies Contract with Trafigura
Rosneft President and Chairman of the Management Board Igor Sechin and Trafigura Chairman and CEO Claude Dauphin signed a 5-year contract with a prepayment to supply crude oil and petroleum products. The contract has been signed at the St Petersburg International Economic Forum and was previously approved by Rosneft Board …
Rosneft and SANORS Sign Heads of Agreement For Joint Venture
On June 21, 2013, Rosneft and SANORS petrochemical holding company signed Heads of Agreement (HoA), under which the parties intend to create a joint venture that will incorporate Rosneft’s gas processing assets and SANORS’ petrochemical assets in Orenburg and Samara regions. It is expected that Rosneft’s stake in JV will …
Prime Minister of Russia Dmitry Medvedev signed a decree on RAO / CIS Offshore holding
Government Decree № 989-P “About St. Petersburg international conference and exhibition on the development of oil and gas reserves of the Russian Arctic continental shelf of the RAO / CIS Offshore» was signed by Dmitry Medvedev on the 15th of June. Source
Sovcomflot, NOVATEK and VEB Sign Memorandum on Cooperation as Part of Yamal LNG Project
At the Saint-Petersburg International Economic Forum, Sovcomflot – Russia’s largest shipping company, OAO Novatek – the leading independent natural gas producer, and the state corporation “Bank for Development and Foreign Economic Affairs” (Vnesheconombank) signed a memorandum on cooperation as part of the Yamal LNG project, providing for the construction of …
Alexey Miller and Vagit Alekperov Address Current and Further Cooperation
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL. The parties discussed issues concerning the current and further cooperation. In particular, the meeting touched upon gas supplies from the LUKOIL fields in the Bolshekhetskaya Depression and the Northern Caspian Sea. The …
Gazprom: Personnel is Key Competitive Advantage in the Global Energy Market
The Gazprom Board of Directors took note of the information regarding the Company’s human resources policy. It was noted that the Gazprom’s highly professional staff was an outstanding competitive advantage of the Company on its way towards becoming a global energy market leader. As of December 31, 2012 Gazprom Group employed a total of 431.2 thousand people. Gazprom’s staff is characterized by high …
Gazprom’s Strategic Objectives in East are to Supply Russian Consumers with Natural Gas and Create Center for Gas Exports to Asia-Pacific
The Gazprom Board of Directors approved the work being done by the Company to implement the Eastern Gas Program. The Company is intensely expanding its resource base in Eastern Russia and developing its production and transmission capacities. In particular, the Kirinskoye field pre-development is nearing completion. For the first time ever natural gas will be produced from the …
Russian Gas Supplies to China to be Priced Without Linkage to Henry Hub
The Gazprom headquarters hosted yesterday evening a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, President of China National Petroleum Corporation (CNPC). The parties addressed issues related to the conclusion of a long-term contract for Russian gas supplies to China. The contract is planned to be signed before this year-end. “The price of gas to be supplied …