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2015-08-24 18:10:00

LUKOIL SOLD 50%

ЛУКОЙЛ ПРОДАЛ 50%

PJSC LUKOIL closed a deal to sell its 50% share in Caspian Investments Resources Ltd. to China-based Sinopec. The required permits from the state authorities of the Republic of Kazakhstan were acquired in late July 2015.

According to the contract LUKOIL receives USD 1,087 million.

Caspian Investments Resources Ltd. has been participating in the development of 5 hydrocarbon fields in Kazakhstan (Alibekmola and Kozhasai in the Aktyubinsk Region and Karakuduk, North Buzachi and Arman in the Mangistau Region).

LUKOIL joined these projects in December 2005. Over the last decade, more than 1,600 wells were drilled, oil production capacities were expanded, injection systems were upgraded and a series of associated petroleum gas utilization facilities was launched. Since 2006, LUKOIL's share of the cumulative production of these fields amounted to over 13 million tonnes of oil and over 300 million cubic meters of commercial gas.

LUKOIL currently continues its participation in oil and gas projects in Kazakhstan, at the Tengiz, Karachaganak and Kumkol fields. The Company is also a member of the Caspian Pipeline Consortium. In 2014, LUKOIL's share of production in Kazakhstan amounted to approximately 4.3 million tonnes of oil and about 1.5 billion cubic meters of commercial gas. The Company retains the status of the largest Russian investor in Kazakhstan.

lukoil.com

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More: 

IRAQ REASSURES LUKOIL 

ЛУКОЙЛ: 1 МЛРД. $ ДЛЯ АЗЕРБАЙДЖАНА 

ЧИСТАЯ ПРИБЫЛЬ ЛУКОЙЛА: 0,7 МЛРД ДОЛЛ 

LUKOIL LEAVES SAUDI 

LUKOIL SELLS ROTTERDAM

 

 

 

 

 

Tags: USA, OIL, GAS, RIG

Chronicle:

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LUKOIL'S PLAN: $50

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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.

ЛУКОЙЛ ПРОДАЛ 50%
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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.

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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.

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