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Sovcomflot executes USD 700 million 7-year loan

Sovcomflot (SCF Group) is pleased to announce that it has signed a new USD 700 million seven year credit facility with a consortium of eight leading international banks, including Bank of America Merrill Lynch, BNP Paribas S.A., Citibank, N.A., DVB Bank SE, ING Bank N.V., Nordea Bank Norge ASA and …

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Gazprom presents Eastern Russia’s biggest Chayanda project in Yakutia

Yakutsk hosted today a joint meeting of Gazprom and the Republic of Sakha (Yakutia) Government on the occasion of shaping the Yakutia gas production center as part of the Eastern Gas Program. The meeting was held by Alexey Miller, Chairman of the Gazprom Management Committee and Yegor Borisov, President of the Republic of Sakha (Yakutia). Chayandinskoye project Enlarge photo (JPG, 3 MB) Taking …

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Creation of Yakutia gas production center boosting regional socioeconomic development

Yakutsk hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Yegor Borisov, President of the Republic of Sakha (Yakutia). Alexey Miller and Yegor Borisov. Photo by President and Republic of Sakha (Yakutia) Government Press Service Directorate Enlarge photo (JPG, 366 KB) The parties discussed …

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Perekryostok Supermarkets Become TNK Retail Chain Partners in Carbon Loyalty Program

TNK-BP informs that Perekryostok trading company–one of the leading federal retail chains in Russia managed by Х5 Retail Group–is the new partner of the Carbon loyalty program of TNK retail chain. Starting on December 10, 2012, Carbon loyalty cards are accepted for points allotment and use in Perekryostok supermarkets in …

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Tatneft Won in the Republican Contest on Energy Conservation

TATNEFT took part in the XIV-th International Specialized Exhibition “Energy. Resource Conservation” and in the XIII-th International Symposium “Energy and Resource Efficiency and Energy Conservation” held at the “Kazan Fair” pavilions in the City of Kazan. The Company became a winner of the Republican review contest “Resource Efficiency. Energy Conservation” …

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Orenburgneft to Invest about 1 Billion Rubles in the Construction of Power Transmission Lines to Pervomayskoe and Bobrovskoe Fields

TNK-BP informs thatOJSC Orenburgneft (a TNK-BP Group company) will invest about 1 bn rubles in the construction of power transmission lines in the Buzuluk District. The project is aimed at provision of additional capacity for the development of the Company’s Pervomayskoe and Bobrovskoe fields. Orenburgneft has taken a consistent approach …

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Integra Group Interim Management Statement and Financial Highlights for the 9M 2012

Integra Group (LSE: INTE) released today its Interim Management Statement and unaudited financial highlights for the nine months period ended September 30, 2012. The financial data are based on management assessment only and have not been reviewed by external auditors. Operations of Integra Group’s Formation Evaluation segment were discontinued following …

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TNK-BP will supply 25% more APG from its Bakhilovskaya group of fields in 2013 thanks to a new gas pipeline

TNK-BP announces completion of construction of a gas pipeline from its Verkhne-Kolik-Yoganskoe field to the Bakhilovskaya Compressor Station. The pipeline is 13.4 km long and has a throughput capacity of 300 million cubic meters per year. The total project investment amounted to 410 mln rubles.   The commissioning of the …

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South Stream gas pipeline construction starts up

The Russkaya compressor station site (near Anapa, Krasnodar Territory) hosted today the celebrations dedicated to the construction start-up of the South Stream gas pipeline. South Stream is a comprehensive infrastructure project that gives a powerful impetus to development of the economies in the participating countries Enlarge photo (JPG, 47 KB) …

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Sprint Energy Acquires 74% of BNG Block 71-1

Sprint Energy Ltd  is very pleased to provide an update on the acquisition of Block 71-1 project in Tomsk in Western Siberia. The Company confirms that post extensive due diligence activities, parties have now formally executed the acquisition documents for Sprint to acquire a seventy four (74%) percent interest in …

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