Eurasia Journal News

Tethys: Fails to Make Bokhtar Operating Cash Call

Tethys Petroleum Limited announces that it has not made the payment for the September cash call issued by the Bokhtar Operating Company (the “September Cash Call”) in connection with Tethys’ interest in the Bokhtar PSC in Tajikistan (the “Tajik Asset”). As a result, Tethys remains in default of its obligations …

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Eurasia Journal News

CNPC: Looks at Kazakh Asset Purchase

China National Petroleum Company (CNPC) has shown interest to the project Eurasia on the territory of Kazakhstan, Energy First Vice Minister Uzakbai Karabalin said on September 29 in Astana. “CNPC has expressed interest to the project. It can become an important aspect of bilateral cooperation between Kazakhstan and China in …

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Eurasia Journal News

Russia and China Aiming for Successful Conclusion of Negotiations on Western Route

Beijing hosted today working meetings among Alexey Miller, Chairman of the Gazprom Management Committee, Zhang Gaoli, First Vice Premier of China’s State Council and Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The participants addressed the issues of bilateral cooperation, particularly the preparations for …

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Eurasia Journal News

Gazprom and CNPC Outline Schedule for Contract Preliminaries on Western Route

Comment by Alexey Miller to Rossiya 24 TV channel, as a follow up to Beijing talks “The negotiations were held with Zhang Gaoli, First Vice Premier of the People’s Republic of China and Wang Yilin, new Head and Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The focus of the talks fell on the progress with the Power of Siberia project and the …

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Eurasia Journal News

Gazprom: Talks Gas Supplies With China and the CNPC

Beijing hosted today meetings of Alexey Miller, Chairman of the Gazprom Management Committee with Zhang Gaoli, First Vice Premier of the State Council of the People’s Republic of China as well as with Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The parties appreciated …

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Eurasia Journal News

Gazprom and CNPC Sign Heads of Agreement for Gas Supply Via Western Route

The Gazprom Management Committee Chairman Alexey Miller and the CNPC Vice President Wang Dongjin signed today in Moscow the Heads of Agreement for pipeline gas supply from Russia to China via the western route. Inked in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping, the document outlines the main technical and commercial parameters of the …

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Eurasia Journal News

Alexander Novak: Russia Could Seek New Partners if Western Majors Pull Out

Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday. The sanctions over Russia’s role in the Ukraine crisis have targeted the …

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Eurasia Journal News

Rosneft and CNPC Endorse Feasibility Study for Construction of the Tianjin Refinery

November 8. The Board of Directors of the PetroChina-Rosneft Orient Petrochemical (Tianjin) Company Ltd (a joint venture of Rosneft and the Chinese National Petroleum Corporation (CNPC)) endorsed the Feasibility Study (FS) for the project to construct the Tianjin refinery as regards the oil refining package at a meeting in Beijing. …

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Eurasia Journal News

Rosneft and CNPC Signed a Framework Agreement on the Purchase of 10% Share Stake of Vankorneft

Rosneft and China National Oil & Gas Exploration and Development Corporation (CNPC subsidiary) have signed a framework agreement envisaging the purchase of a 10% share stake in ZAO Vankorneft. The document was signed on the sidelines of the APEC summit. The agreement was signed by Rosneft Chairman of the Managing …

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Eurasia Journal News

Igor Sechin Held Talks on the Development of the Cooperation with the People's Republic of China

On October 30-31, Rosneft Head Igor Sechin held talks on the development of the strategic cooperation with the People’s Republic of China in Beijing. In particular, during the visit Igor Sechin met with Vice Premier of China Zhang Gaoli, Chairman of the Chinese National Petroleum Corporation (CNPC) Zhou Jiping and …

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