gas

KazTransGas National Gas Shipping Company has signed an agreement with Kashagan consortium member companies to purchase 2.5-3 billion cubic meters of gas a year to be produced at the giant Kashagan oilfield. “According to the agreement, KazTransGas is to purchase all the gas to be produced at Kashagan at the …

Ruspetro plc today announces that the Company has signed a crude oil prepayment facility with Glencore Energy UK Ltd  for US$30 million. The facility is for a period of one year and requires the Company to deliver a minimum of 15,000 metric tonnes per quarter (approximately 1,200 bopd) of crude …

NOVATEK  released its consolidated interim condensed financial information for the three and six months ended 30 June 2013 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial and Operational Highlights (in millions of Russian roubles unless otherwise stated)   2Q 2013 2Q 2012   1H 2013 1H 2012 Revenues 57,918 …

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the ZMA-A21 development well in the Zhana Makat Field has successfully reached a total vertical depth of 861 metres, encountering hydrocarbons in Neocomian and Jurassic sandstone reservoirs in line with expectations. …

The watchdog, known as FAS, said it had approved a bid by Rosneft’s TNK-BP Holding unit for Urengoy Gas Co (UGC) and Geotransgas, both in Russia’s Yamal-Nenets district in the country’s gas production heartland. TNK-BP became a unit of Rosneft earlier this year, when the state oil company acquired its …

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-A21 development well in the Zhana Makat Field on Block E using the Zhanros ZJ-30 rig. Total vertical depth of the well will be approximately 860 …

The Gazprom Board of Directors approved the work being done by the Company to implement the Eastern Gas Program. The Company is intensely expanding its resource base in Eastern Russia and developing its production and transmission capacities. In particular, the Kirinskoye field pre-development is nearing completion. For the first time ever natural gas will be produced from the …

The Gazprom headquarters hosted yesterday evening a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, President of China National Petroleum Corporation (CNPC). The parties addressed issues related to the conclusion of a long-term contract for Russian gas supplies to China. The contract is planned to be signed before this year-end. “The price of gas to be supplied …

The Gazprom headquarters hosted yesterday evening a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, President of China National Petroleum Corporation (CNPC). The parties addressed issues related to the conclusion of a long-term contract for Russian gas supplies to China. The contract is planned to be signed before this year-end. “The price of gas to be supplied to China …

The Gazprom headquarters hosted today the Press Conference “Gas Export and Enhancing Reliability of Gas Supply to Europe” organized within the series of meetings among Gazprom’s top executives and media representatives on the threshold of the Company’s annual General Shareholders Meeting. Taking part in the Press Conference were Alexander Medvedev, …