Gazprom and CNPC Sign Power Of Siberia Agreements
Alexey Miller, Chairman of the Gazprom Management Committee and Wang Yilin, Chairman of the Board of Directors of CNPC signed today in Beijing an Agreement to design and construct the cross-border section of the Power of Siberia gas pipeline, including its submerged crossing under the Amur River. Besides, a Memorandum of Understanding in the oil sector was entered into by Gazprom Neft and CNPC. The …
Gazprom: Working meetings with CNPC and PetroChina held
Beijing hosted today working meetings among Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, Wang Dongjin, Vice President of CNPC and Huang Weihe, Vice President of PetroChina. The parties addressed the progress with the project for constructing the Power of Siberia gas pipeline to supply Russian natural gas to …
Tethys: Battles Debt Issue with Nostrum Over Bokhtar Withdrawal
Tethys Petroleum Limited announces that it has today received a Notice of Events of Default from Nostrum Oil & Gas PLC (“Nostrum”) in connection with the US$5 million facility agreement between Tethys and Nostrum, dated August 10, 2015 (the “Facility Agreement”). Tethys does not agree with Nostrum’s interpretation of the …
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 …
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 …
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 …
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 …
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 …
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 …
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 …