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2014-03-18 08:11:00

CRIMEA OIL & GAS

CRIMEA OIL & GAS

REUTERS. Russian state-owned energy company Gazprom has proposed to develop Crimea's oil and gas sector, an official of the Ukrainian region which has applied to join Russia was quoted by RIA news agency as saying on Tuesday.

"Of course, Gazprom was the first to approach us (with a proposal)," said Rustam Temirgaliev, Crimea's first deputy prime minister.

He was asked if the Ukrainian region, which declared its independence and applied to join Russia following a weekend referendum, had received proposals from Russian companies to develop its oil and gas industry.

A Gazprom spokesman declined comments.

Last week, Temirgaliev said that the local authorities may sell the energy firm Chornomornaftohaz to a Russian company "such as Gazprom" once the region takes control the firm, which is now part of a Ukrainian state energy company.

A Moscow-backed referendum in Crimea on Sunday showed overwhelming support for joining the Russian Federation.

Tags: GAZPROM, CRIMEA, OIL, GAS, ГАЗПРОМ, КРЫМ, НЕФТЬ, ГАЗ

Chronicle:

CRIMEA OIL & GAS
November, 20, 09:05:00

INDIA'S GAS WILL UP

REUTERS - India’s natural gas consumption is expected to rise to 70 billion cubic metres (bcm) by 2022 and 100 bcm by 2030, according to a government think tank and the Oxford Institute of Energy Studies, up from 50 bcm now. India burns just 7 percent of what top user the United States consumes in a year with about a quarter of India’s population.

CRIMEA OIL & GAS
November, 20, 09:00:00

NORWAY SELLS OIL & GAS

Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday. The divestment would mark the second major step in scrubbing the world’s biggest wealth fund of climate risk, after it sold most of its coal stocks.

CRIMEA OIL & GAS
November, 20, 08:55:00

OIL PRICES UP

WSJ - Light, sweet crude for December delivery rose $1.41, or 2.6%, to $56.55 a barrel on the New York Mercantile Exchange, snapping a three-session losing streak. Brent, the global benchmark, advanced $1.36, or 2.2%, to $62.72 a barrel.

CRIMEA OIL & GAS
November, 20, 08:50:00

U.S. RIGS UP 8 TO 915

U.S. Rig Count is up 327 rigs from last year's count of 588, with oil rigs up 267, gas rigs up 61, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 24 rigs from last year's count of 184, with oil rigs up 9 and gas rigs up 15.

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