Uncategorized

Gazprom and CNPC Sign Agreement on Major Terms and Conditions of Pipeline Gas Supply From Russia to China Via Eastern Route

Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC) signed in Saint Petersburg an Agreement outlining the major terms and conditions of pipeline gas supply from Russia to China via the eastern route in accordance with the accords reached previously. The document is legally binding. The signing ceremony took place in the …

READ MORE →
Uncategorized

Rosneft: Green Light to Complete Taas-Yuriakh Purchase

Rosneft won clearance to bid for the remaining stake in a mid-sized Russian oil producer in which it already owns 35 percent, continuing an expansion drive which has made it the world’s largest oil company by output in just a year. Russia’s antimonopoly watchdog FAS said in a statement on …

READ MORE →
Uncategorized

Rosneft Secures $2 bln Long-Term Loan from China Development Bank

Rosneft and China Development Bank finalized contractual documentation for a long-term credit line in the framework of facility agreement signed between the parties in March 2013. The facility agreement was signed by Rosneft President and Chairman of the Management Board Igor Sechin and President of China Development Bank Zheng Zhijie …

READ MORE →
Uncategorized

International Petroleum: Extends Alakol Project by 2 Years

International Petroleum Limited, advises its shareholders that , along with its 50% partner, it has signed a contract to extend its rights to explore for hydrocarbons in an area covering 24,649 km² in eastern Kazakhstan ( Alakol Project ) by two years from 28 May 2013 to 28 May 2015 …

READ MORE →
Uncategorized

Gazprom and China sign Memorandum of Understanding For Gas Supplies Via The Eastern Route

Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, CNPC President signed in the presence of Vladimir Putin, President of the Russian Federation and Xi Jinping, President the People’s Republic of China a Memorandum of Understanding on the cooperation between the two companies within the project for pipeline gas supplies to China via the eastern route. “The signed …

READ MORE →
Uncategorized

Rosneft President Igor Sechin Holds Working Meeting with Vice Premier of the People’s Republic of China Wang Qishan

Rosneft delegation led by Igor Sechin began its work in China on February 17. Rosneft President and Chairman of the Management Board Igor Sechin held a working meeting with Vice Premier of the People’s Republic of China Wang Qishan. The parties discussed a broad range of issues related to increasing …

READ MORE →
Uncategorized

New KIOGE business programme ‘looks East’ in 2011.

Kazakhstan’s largest oil and gas trade event, KIOGE will launch a new business-focused conference programme this year on 6-7 October at the InterContinental in Almaty. A key topic of the programme is ‘Looking East’, which explores commercial prospects in the growing Chinese oil and gas market and provides an update …

READ MORE →