TURKISH STREAM IN PARTS
Russian energy producer Gazprom on Monday denied rumors that the Turkish Stream pipeline project had been cancelled by Turkey.
Aleksandr Medvedev, deputy chairman of the management committee at Gazprom, issued the denial at a press conference. He said that talk of Turkey's withdrawing from the construction of the project's second, third and fourth leg was untrue.
The Turkish Stream project, publicly announced during Russian President Vladimir Putin's visit to Turkey on Dec. 1 after the cancellation of the South Stream project.
The Turkish Stream project is a Russian proposal which will transport Russian gas to Europe while bypassing Ukraine. The project is planned to carry 63 billion cubic meters of natural gas to Europe via the Turkish-Greek border. Turkey is due to receive 15.75 billion cubic meters out of the total capacity of the pipeline.
It is planned to have four phases and will be constructed in parts.
Gazprom and its Turkish partners have decided to focus on the first phase of the project for now and to discuss the next steps later on, a Gazprom official said.
"Interpreting the situation as anything else is false" the official said and added, "the project's other phases will be determined according to Europe's demand for gas".
Russia's state-owned energy giant Gazprom estimates the cost of the construction of four pipelines of the Turkish pipeline project to be around 11.4 billion ($12.5 billion).
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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.
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.
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.
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».