Eurasia Journal News

A Zero Mineral Extraction Tax Has Come Into Force For The Production of Gas Used For The Production of Hydrogen And Ammonia

On January 1, a law came into force establishing a zero rate of mineral extraction tax (MET) for the extraction of gas and (or) gas condensate in subsoil areas located wholly or partially on the Yamal and (or) Gydansky peninsulas in the Yamalo-Nenets Autonomous Okrug, used exclusively for the production …

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Eurasia Journal News

In January-October, Azerbaijan Reduced Oil and Condensate Production by 8%, Gas Production – Increased by 3.4%

Oil production with gas condensate in Azerbaijan in January-October 2023 amounted to 25 million 68.2 thousand tons, which is 8% lower than the same period in 2022, the State Statistics Committee told the Interfax-Azerbaijan agency. Including, the production of commercial oil with condensate amounted to 24 million 974.4 thousand tons …

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The Field Development Plan delivered by TyumenNIIgiprogas contributes to development of the Vostochny dome of Severo-Urengoyskoe oil and gas condensate field

Commercial development of Vostochny dome of Severo-Urengoyskoe oil and gas condensate field must be started in October. A Field Development Plan was prepared by LLC “TyumenNIIgiprogas”. The FDP for development of oil and gas condensate reservoirs of Severo-Urengoyskoe oil and gas condensate field delivered by the specialists of LLC “TyumenNIIgiprogas” …

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