Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2014-05-24 18:25:00

SINOPEC STARTS YADAVARAN

SINOPEC STARTS YADAVARAN

China Petroleum & Chemical Corp., or Sinopec, is pushing to start a new phase in an Iranian oil-field development, a plan Iran says it is likely to approve, according to people familiar with the project.

The push is part of a broader attempt by China and Iran to mend fences after the cancellation of a separate project.

Chinese state-owned company Sinopec is taking steps to start development activities in the second phase of the Yadavaran oil field, which is set to start next year. Delegates from Sinopec are due to travel to Tehran next month to discuss the plans, according to two people familiar with the company's Iran operations. The topics will include ordering equipment such as pipes.

Sinopec didn't return a request for comment.

In late April, Iran canceled a $2.5 billion deal with state-owned China National Petroleum Corp. following repeated delays at a giant oil-field project. The cancellation triggered speculation among Iran oil experts that privileged ties between Tehran and Beijing may be at risk.

The new phase at the Sinopec-operated Yadavaran field will boost production there by about 110,000 barrels a day from current levels—roughly equivalent to output from a small producer like Sudan, the people familiar with the operations said. The field currently produces 25,000 barrels a day—a level these people expected to double soon—but the second phase would boost output to 135,000 barrels a day, the people said.

The project—awarded to Sinopec in 2007 and reportedly worth $2 billion—is considered a priority because the Yadavaran field straddles a border with Iraq, which is already advanced in developing its side of the reservoir.

The company's progress in the field meant it was likely to keep its project, said Ali Majedi, Iran's deputy oil minister, in an interview with The Wall Street Journal. "It is quite possible we will continue with the same company for the second phase of Yadavaran. We are quite satisfied with their work," he said. Mr. Majedi said oil minister Bijan Zanganeh is set to discuss the matter during a trip he is undertaking in China.

The news comes as China imported a record volume of Iranian oil in April—just as Iran's overall oil exports declined. Chinese companies are frequently accused by Iranian oil officials of charging hefty amounts for works that tend to be delayed or suffer from operational mistakes. Even when companies keep their contracts, they come under unprecedented pressure to deliver.

wsj.com

Tags: CHINA, IRAN, OIL

Chronicle:

SINOPEC STARTS YADAVARAN
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

SINOPEC STARTS YADAVARAN
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

SINOPEC STARTS YADAVARAN
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

SINOPEC STARTS YADAVARAN
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

All Publications »