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2015-06-03 19:00:00

RUSSIA & CHINA PIPELINE

RUSSIA & CHINA  PIPELINE

China started construction last week of a pipeline to receive Russian gas, Russian state gas company Gazprom said on Tuesday.

Russia and China clinched a $400-billion gas deal last year to build the Power of Siberia pipeline. Russia will invest $55 billion for the Russian section, including bringing new gas fields on stream.

China's CNPC, Gazprom's partner on the project, said its pipeline company had signed an agreement with CNPC's pipeline project team on building a portion of the Russia-China eastern gas pipeline starting from Heihe on the border and running to Changling in Jilin province.

The report, posted on the company's website last week, said it marked "the start of the execution stage from preparation phase".

It added that the Chinese side of a trunk line would cover nine provinces and cities and would end in Shanghai on the east coast. The whole trunk line will be split into three sub lines, each of which would need regulatory approval.

It gave no further details.

The Power of Siberia pipeline should deliver 38 billion cubic metres of gas per year to China over 30 years, with first deliveries scheduled for 2019.

Gazprom also said that talks on the so-called Western route which would connect operating fields with China were progressing at a good pace. (Reporting by Olesya Astakhova in Moscow and Aizhu Chen in Beijing.

reuters.com

Tags: RUSSIA, CHINA, GAS, PIPELINE, GAZPROM, CNPC

Chronicle:

RUSSIA & CHINA  PIPELINE
October, 20, 12:10:00

NORWAY'S PRODUCTION DOWN 171 TBD

NPD - Preliminary production figures for September 2017 show an average daily production of 1 772 000 barrels of oil, NGL and condensate, which is a decrease of 171 000 barrels per day compared to August.

RUSSIA & CHINA  PIPELINE
October, 20, 12:05:00

ЦЕНА URALS: $ $55,55881

Средняя цена на нефть Urals за период мониторинга с 15 сентября по 14 октября 2017 года составила $55,55881 за баррель, или $405,6 за тонну.

RUSSIA & CHINA  PIPELINE
October, 18, 19:10:00

OIL PRICE: ABOVE $58

Brent crude futures, the international benchmark for oil prices, were at $58.16 at 0643 GMT, up 28 cents, or 0.5 percent from their last close - and almost a third above mid-year levels. U.S. West Texas Intermediate (WTI) crude futures were at $52.03 per barrel, up 15 cents, or 0.3 percent, and almost a quarter above mid-June levels.

RUSSIA & CHINA  PIPELINE
October, 18, 19:05:00

РОССИЯ: БОЛЬШЕ НЕФТИ И ГАЗА

Александр Новак отметил рост основных показателей всех отраслей энергетики в прошлом году: «Мы имеем рекордные показатели за прошлый год по добыче нефти, угля. Идёт рост добычи и экспорту газа, в том числе в Европу на уровне 15 процентов. По углю мы наблюдаем рост добычи даже больше уровня прошлого рекордного года. Также отмечается рост производства электроэнергии на 2%, что говорит об оживлении экономики».

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