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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
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

CRIMEA OIL & GAS
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

CRIMEA OIL & GAS
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

CRIMEA OIL & GAS
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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