Wednesday, August 12, 2020
The average daily oil and gas condensate production in Russia from July 1 to 29 was at the level of 1.281 mln tonnes, according to the data released by the Central Dispatching Department of Fuel Energy Complex (CDU TEK) on Monday. This is 0.7% above the average daily oil...
Belarus lost 1.5 billion Belarusian rubles (about $600 million) because of the oil dispute with Russia, President Alexander Lukashenko said in his address to the nation and the parliament on Tuesday, TASS reported. "In this difficult situation, we did not close our enterprises, unlike the rest of the world, we...
As U.S. lawmakers plot to stop one of Moscow’s most important projects in Europe, the Nord Stream 2 pipeline, lobbyists supporting it are busier than ever but disclosing few details of their work, according to government filings and current and former U.S. officials, Reuters reported. The pipeline linking Russian gas...
Russia’s oil production in July remained at June’s level, as agreed under the OPEC+ deal, the Russian energy ministry said on Sunday, TASS informed. "Under the OPEC+ agreements, Russia kept oil output in July at June’s level. The compliance rate will be close to that in June," it said. Russian Energy...
Poland’s Office of Competition and Consumer Protection (UOKiK) has imposed a penalty of around $57 mln on Russia’s top gas producer Gazprom for failure to cooperate in the investigation conducted in relation to construction of Nord Stream 2 gas pipeline, the regulator said in a statement on Monday, TASS...
China's new state-owned pipeline operator PipeChina has begun construction of the southern section of the East Russia to China gas pipeline, with completion expected in June 2025. PipeChina has taken control of the pipeline as part of an asset transfer deal with state-controlled PetroChina, Argus Media reported. The third and final...
Russia’s gas giant Gazprom will start producing “clean”, that is, zero-emission, hydrogen beginning in 2024 under a new government plan to develop a hydrogen economy, OilPrice reported. The plan sees Gazprom building and beginning to test a methane-hydrogen-powered turbine next year, and until 2024 it will also study different applications...
Russia exported more LNG to China in June than the United States did, at 396,000 tons versus 340,000 tons, OilPrice reported citing Sputnik and Bloomberg as sources. According to the data, from Chinese customs authorities, Russia LNG imports were 20.7 percent higher than a month earlier, while U.S. imports of...
There are no seasonal restrictions at present, including cod spawning, to complete the last leg of the Nord Stream 2 gas pipeline project, Nord Stream 2 AG, the project operator, told TASS on Monday. "The permit provision regarding seasonal restrictions (July to August) related to cod spawning applies to construction...
The US authorities have intensified pressure on European contractors of construction of the Nord Stream 2 gas pipeline recently, threating with "far-reaching" consequences if they continue cooperating with the project, the German Die Welt paper wrote on Saturday with reference to sources, TASS writes. The US authorities have started holding...