Rosneft Starts Production on the Northern Tip of Chayvo
Rosneft starts production on the Northern Tip of Chayvo field on the Sakhalin Island. President of Russian Federation Vladimir Putin led the ceremony in a video link from Gorno-Altaysk. Russian Energy Minister Alexander Novak and head of Rosneft Igor Sechin were present on the Sakhalin Island. A new industry record …
Russia Ups Ukraine Gas Pressure: Gazprom Tasked to Switch Ukraine to Gas Prepayment
A working meeting took place today among Dmitry Medvedev, Russian Prime Minister, Alexander Novak, Russian Energy Minister and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller informed Dmitry Medvedev that Ukraine’s total debt for Russian gas, including for the past year, totaled USD 3.508 billion. It was pointed out that Ukraine had made …
Russia Looking to Expand Tax Breaks
Russia is likely to grant a request from Surgutneftegas to widen the qualification criteria for the country’s tax breaks on shale oil. Energy minister Alexander Novak said that “Surgutneftegas has asked us to change some criteria and parameters applicable to the breaks. “We are likely to support this initiative,” Novak …
Russian Energy Minister at Premier Gas Industry Event in London
Alexander Novak pledges Russian Government will be open to foreign investment The Russian Government is considering a range of measures to provide greater opportunities for foreign investment in state-owned companies, it was announced today at the Gastech Conference & Exhibition in London. At a press conference during a specially arranged …
Minister of Energy of the Russian Federation Visited Tatneft
Alexander Novak, Minister of Energy of the Russian Federation, visited OAO TATNEFT on August 21 within the frame of his working visit to the Republic of Tatarstan. During the visit, he was accompanied by Rustam Minnikhanov, President of the Republic of Tatarstan and Shafagat Takhautdinov, General Director of OAO TATNEFT. …