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2014-04-01 08:04:00

ROSNEFT: GAS RISING 55

ROSNEFT: GAS RISING 55

REUTERS.  Russia's Rosneft expects its gas output to reach 55 billion cubic metres (bcm) this year and rise to over 63 bcm in 2015, the company told Reuters on Tuesday.

Rosneft, the world's largest listed oil company by output, plans to build a liquefied natural gas (LNG) plant in Russia's Far East with initial capacity of 5 million tonnes a year in partnership with U.S. company ExxonMobil.

In response to questions sent by email, it said it was implementing the Far Eastern LNG project on schedule despite political tensions with the West over Russia's annexation of Crimea from Ukraine. It said the project targeted Asia- Pacific markets and was due to come on stream in 2018-2019.

Rosneft said current LNG prices in the Asia-Pacific region meant it would "successfully" carry out the project. It added that it did not expect all LNG projects announced by the United States to come on stream because of the level of U.S. domestic gas demand and competition from neighbouring Canada.

Tags: ROSNEFT, LNG, GAS

Chronicle:

ROSNEFT: GAS RISING 55
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

ROSNEFT: GAS RISING 55
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

ROSNEFT: GAS RISING 55
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

ROSNEFT: GAS RISING 55
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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