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2014-05-28 18:21:00

RUSSIA: RETURNING TO CRIMEA

RUSSIA: RETURNING TO CRIMEA

Russia is ready to discuss conditions of work on the Crimean continental shelf with the foreign companies that concluded contracts with Ukraine, Novosti Kryma has reported, citing Russian Deputy Prime Minister Arkady Dvorkovich. "If the companies are ready to carry on with projects in the Black Sea area which has legally become part of Russia, we are ready to discuss this with them", said Dvorkovich. It is expected that the taxation regime for those projects will be the same as for Russian projects in the Black Sea. Dvorkovich said the companies should not wait for their countries to recognize Crimea's annexation by Russia because that's an international, not a commercial issue. 

oilandgaseurasia.com

Tags: RUSSIA, CRIMEA

Chronicle:

RUSSIA: RETURNING TO CRIMEA
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.

RUSSIA: RETURNING TO CRIMEA
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.

RUSSIA: RETURNING TO CRIMEA
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.

RUSSIA: RETURNING TO CRIMEA
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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