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 …
Rosneft and CNPC Strengthen Strategic Cooperation
Rosneft and Chinese National Petroleum Corporation (CNPC) signed an agreement for the extensions of strategic cooperation. The document was signed by Rosneft Head Igor Sechin and CNPC Vice President Wang Dongjin. The signing ceremony was led by the Prime Minister of the Russian Federation Dmitry Medvedev. The agreement envisages elaboration …
CNPC to pick up 10% of Vankor?
Chinese investors are to receive up to 10 percent in the Vankor cluster fields of northern Siberia, one of the biggest developed Russian oilfields and Rosneft’s biggest production asset. Russian President Vladimir Putin announced the plan at the construction launch of the Power of Siberia gas pipeline on 1 September, …
Teekay LNG: Signs Deal for 6 Icebreaker LNG Carriers for Yamal LNG
Teekay LNG Partners L.P., through a new 50/50 joint venture with China LNG Shipping (Holdings) Limited (China LNG), today announced that it has finalized shipbuilding contracts for six internationally-flagged icebreaker liquefied natural gas (LNG) carriers for the Yamal LNG Project, which is located on the Yamal Peninsula in Northern Russia. Under the agreements, the joint venture …
Yamal LNG: Binding contract on LNG supply concluded with CNPC
Yamal LNG announced the conclusion of a binding contract for the supply of liquefied natural gas (LNG) with China National Petroleum Corporation (“CNPC”). The contract provides for the supply of three (3) million tons of LNG per annum at delivered ex-ship (DES) terms for a period of 20 years. LNG …
Igor Sechin Held Talks with the Director of China’s National Energy Administration
Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Wu Xinxiong, the Director of the National Energy Administration of the People’s Republic of China. In negotiations the parties considered the progress in the implementation of Rosneft projects with such Chinese partners as CNPC and SINOPEC. …
Tethys Petroleum: Annual Report
Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2013. Corporate Highlights — Completion of a farm-out of 66.66% of the Tajik Bokhtar Production Sharing Contract agreement to subsidiaries of Total Exploration and Production SA and China National Petroleum Corporation for USD63.4 million — Conditional …
Gazprom and CNPC Getting Ready to Sign Contract for Russian Gas Supply
Beijing hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC). The meeting participants addressed the issues of Russian natural gas supply to the Chinese market via the eastern route. Both parties are interested in successful completion of the negotiations and looking forward …
NOVATEK Closes Sale of 20% Interest in Yamal LNG to CNPC
OAO NOVATEK announced today the closing of the sale of a 20% participation interest in Yamal LNG Project (“Project”) to CNODC, a subsidiary of China National Petroleum Corporation (“CNPC”), upon the receipt of all necessary regulatory approvals from Russian, European and Chinese authorities. Following the completion of the deal, the …
Rosneft Receives First Tranche of Advance Payment from CNPC
Rosneft announces that the Company received the first tranche of advance payment from China National Petroleum Corporation (CNPC). The payment was received in two parts in line with the schedule agreed by the parties. The Company receives the advance payment following the long-term crude oil supply contracts signed by Rosneft …