Eurasia Journal News

Russia Reduced Gas Production Over 10 Months by 9.6%

It amounted to 430 billion cubic meters. m, follows from Rosstat data Russia in January – October 2023 reduced natural gas production by 9.6% compared to the same period of the previous year, to 430 billion cubic meters. m. This follows from Rosstat data. In particular, gas production in October …

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Eurasia Journal News

Rosneft for 9 Months Increased Production of Liquid Hydrocarbons by 3.9%, to 4 Million bpd

Gas production increased by 33%, to 1.5 million boe/s Production of liquid hydrocarbons by Rosneft over 9 months amounted to 4 million barrels. per day, which is 3.9% higher year-on-year and is mainly due to the resumption of production at the Sakhalin-1 project, the company reported. Against the background of …

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Eurasia Journal News

Rosneft Increased Gas Production by 2.7 Percent

Rosneft increased gas production by 2.7% in the first quarter of 2023, to 1.5 million barrels of oil equivalent per day, the company said. “The company’s average daily gas production in the first quarter of 2023 reached 1.5 million barrels of oil equivalent per day, exceeding the figure for the …

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Eurasia Journal News

Vladimir Putin Explained the Reduction in Gas Production

Oil and gas revenues are lagging behind the plan, Siluanov said. Putin replied that although the price of gas “has dropped a little” and production is declining, the situation is “absolutely stable” Russia has set a certain price for gas and reduced production, but these actions are connected with the …

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Eurasia Journal News

Kommersant Reported a 10% Decrease in Gas Production in the First Quarter

In the first quarter of this year, gas production in Russia fell by 10% compared to the same period last year, to 180 billion cubic meters. m. This was reported by the Kommersant newspaper, citing sources familiar with the statistics. In March, production also decreased by about 10% and amounted …

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Eurasia Journal News

Gas Market at an Unstable Equilibrium, Waiting for Supply Hints – Rystad Energy Gas and LNG Market Comments

In Europe, the resumption of Russian gas flows to Germany at Mallnow and small injections into German storage at Rehden have calmed traders nerves and prices after a week of volatility On the other hand, temperatures over the next few weeks are forecast to trend at or below normal through …

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Eurasia Journal News

Alexey Miller and Alexis Tsipras Discuss Gas Pipeline Construction in Greece

Athens hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Alexis Tsipras, Prime Minister of the Republic of Greece. The parties addressed the main areas and prospects for the Russian-Greek cooperation in the gas sector. The meeting pointed out the need to diversify natural …

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Eurasia Journal News

Ukraine – Gazprom, Russia Gas Deal Agreed – Some Debt Settled Plus Cash Prepayments

Ukraine, Russia and the European Union signed a deal on Thursday that will see Moscow resume vital supplies of gas to its ex-Soviet neighbor over the winter in return for payments funded in part by Kiev’s Western creditors reported Reuters. After several failed rounds of talks in recent weeks as …

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RPI Report: Scenarios for Development of Russian Oil and Gas Production in the Mid-Term Amid New Economic and Geopolitical Realities

RPI, a leading provider of research on the energy sector of Russia, the Caspian region, Central and Eastern Europe, would like to bring to your attention Scenarios for Development of Russian Oil and Gas Production in the Mid-Term Amid New Economic and Geopolitical Realities research study. Economic and geopolitical risks continue to exert …

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NOVATEK Announces Consolidated IFRS Results for Second Quarter and First Half 2014

In the second quarter and first half 2014, our total revenues increased by 52.3% and 27.7%, respectively, compared to the corresponding periods of 2013. The growth was mainly due to an increase in average prices for natural gas and liquid hydrocarbons, as well as higher liquid hydrocarbons sales volumes. Average …

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