GAZPROM MEETS AUSTRIA
An OAO Gazprom delegation discussed Russian gas supplies to Austria in meetings in Vienna on Apr. 22.
Alexey Miller, chairman of Gazprom's management committee, met with Gerhard Roiss, chief executive officer of OMV, and Reinhold Mitterlehner, Austria's federal minister of economy.
Regarding the South Stream gas pipeline project, Miller said Gazprom agreed to a proposal by Austria "to look into the possibility of constructing a gas pipeline section in Austria within the existing intergovernmental agreement, simultaneously with the Slovenian section."
Roiss said, "I believe that the economic integration of Europe and our partners in Russia is the way to preserve the stability of our continent."
According to Gazprom's web site, the company supplied Austria 5.23 billion cu m of gas in 2013.
|November, 24, 09:45:00|
|November, 24, 09:40:00|
|November, 24, 09:35:00|
|November, 24, 09:30:00|
|November, 24, 09:25:00|
|November, 24, 09:20:00|
BLOOMBERG - As Saudi Arabia led OPEC’s output cuts this year to shrink a global glut, it’s lost out on market share in the world’s biggest energy consumer. Russia in September retained the top Chinese supplier spot for the seventh straight month, while the kingdom was third.
PLATTS - The quality of Russia's key Urals crude exports towards Europe will continue to fall next year as more of the country's low-sulfur oil flows are diverted eastward to China, Russian national oil pipeline operator Transneft warned.
FT - OCI — the world’s third-largest polysilicon maker by capacity and South Korea’s biggest — this month reported a 3,373 per cent increase in operating profit to Won78.7bn ($72m) for the July-September quarter, its best performance in five years. Rival Hanwha Chemical saw third-quarter net profit jump 25 per cent to a record Won252bn.
U.S. Rig Count is up 330 rigs from last year's count of 593, with oil rigs up 273, gas rigs up 58, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 41 rigs from last year's count of 174, with oil rigs up 13, gas rigs up 30, and miscellaneous rigs down 2 to 2.