LPG

The Ministry of Energy and the Ministry of Natural Resources are ready to return to discussing the deferment from paying increased fines for excess flaring of associated petroleum gas (APG) only at the beginning of 2023. This was reported by Kommersant. The law allows flaring only 5% of APG production. …

Tengizchevroil LLP (TCO) is pleased to announce that despite the challenges posed by COVID-19, the company has completed its maintenance turnaround at its oil facility in Tengiz, four days ahead of schedule, and production has safely resumed. The turnaround activities, which are aimed at maintaining the reliability and safety of …

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for December 2020. Production Report The average production in December 2020 was 3,310 barrels of oil equivalent per day (12.4% higher than November 2020). This increase was driven by …

Alexey Miller, Chairman of the Gazprom Management Committee and Nizar Al-Adsani, Chief Executive Officer and Deputy Chairman of the Board of Directors of Kuwait Petroleum Corporation signed a Memorandum of Understanding in Sochi today. The ceremony was held in the presence of Vladimir Putin, President of the Russian Federation and …

Rosneft Chairman of the Management Board Igor Sechin and Egyptian General Petroleum Corporation (EGPC) General Director Tarek El-Molla signed a Term Sheet for prospective supplies of oil products and liquefied petroleum gas (LPG) delivered by Rosneft to the Egyptian company. The document, signed in continuation of agreements reached at the …

TNK-BP reports that in October 2012 it is planning to commission its first own gas storage facility in Ukraine to develop sales channels and ensure effective control over fuel quality for corporate clients. Within the framework of B2B gas segment development, TNK-BP is launching a pilot project in Ukraine to …