Eurasia Journal News

Novak: Russia is Considering Accelerating the Launch of the Yuzhno-Kirinskoye Gas Condensate Field on the Sakhalin Shelf

The Vice Prime Minister noted that the priority goal is to develop gas supply to the Komsomolsk industrial hub and Vladivostok. Russia is considering accelerating the launch of the Yuzhno-Kirinskoye gas condensate field (GCF) on the Sakhalin shelf, Russian Deputy Prime Minister Alexander Novak wrote in an article for the …

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Eurasia Journal News

Novak: Voluntary Decision to Reduce Oil Production will be Reviewed Monthly

The voluntary cut in oil exports from Russia by 300,000 barrels per day will be extended until the end of December 2023. This was stated by Deputy Prime Minister Alexander Novak. Thus, our country minimizes the risks of lower oil prices. According to the Deputy Prime Minister, the additional voluntary …

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Eurasia Journal News

The Federal Property Management Agency Leased the Salym Well to RN-Yugansneftegaz

The annual user fee will be 4.17 million The Department of the Federal Property Management Agency for the Tyumen Region, Khanty-Mansi Autonomous Okrug and YaNAO held an auction to lease the federal property of the Salym oil well No. 145, located at the Salym field in the Nefteyugansk region. The …

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Eurasia Journal News

“Rosgeologiya” in the First Half of the Year Received 3 Billion Rubles of Net Loss Under IFRS

“Rosgeologia” in the first half of the year received a net loss of 2.996 billion rubles under IFRS (the indicator “profit / loss attributable to the shareholders of the parent company” – IF) against a profit of 587 million rubles for the same period last year, the state holding reports. …

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Eurasia Journal News

Rosneft in the II Quarter Reduced the Production of Liquid Hydrocarbons by 2.2% due to Restrictions of the Russian Federation

It amounted to 3.9 million bpd Rosneft in the second quarter reduced the production of liquid hydrocarbons by 2.2%, to 3.9 million barrels per day (b / d) due to restrictions on oil production in Russia, in the first half of the year it produced 4 million b / d, …

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Eurasia Journal News

Rosneft Increased Gas Production by 31.8 Percent

Rosneft increased gas production in the first half of the year by 31.8%, to 43.7 billion cubic meters (1.5 million boe per day), the company said. “The company’s gas production in the first half of 2023 increased by 31.8% compared to the first half of 2022 and reached 1.5 million …

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Eurasia Journal News

The Governor of Khanty-Mansi Autonomous Okrug Proposed to Return the Right to Dispose of Subsoil to the Regions

The governor of the Khanty-Mansi Autonomous Okrug Natalya Komarova proposed to return the right to dispose of small deposits to the regions. The head of Yugra made such a statement at a closed meeting with the heads of large oil companies on tax legislation under the State Duma Committee on …

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Eurasia Journal News

Yugra Proposed to Establish a Deduction from the Severance Tax to Stimulate Exploration

The government of the region said that this will allow additional reserves to be put on the balance sheet, maintain the required level of oil production and save jobs. The Governor of the Khanty-Mansiysk Autonomous Okrug – Yugra, Natalya Komarova, proposed establishing a deduction from the mineral extraction tax (MET) …

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Eurasia Journal News

LPG Exports are Declining, Associated Gas Flaring is Growing

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. …

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Eurasia Journal News

On July 21, 2023, in Surgut, at a Meeting of the Coordinating Council for Industry, NANGS President Viktor Khaikov Made a Number of Proposals for the Development of the Russian Oil and Gas Service to Russian Deputy Prime Minister Denis Manturov

Deputy Prime Minister of the Russian Federation – Minister of Industry and Trade of the Russian Federation Denis Manturov made a working trip to the Khanty-Mansiysk Autonomous Okrug – Yugra. He, together with the Plenipotentiary Representative of the President in the Ural Federal District Vladimir Yakushev and the Governor of …

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