FAR FROM TURKISH STREAM
SHANA wrote, Turkey's Ambassador to Russia, Umit Yardim, does not see prospects for signing of the agreement on the Turkish Stream gas pipeline between Russia and Turkey in the near future.
"The talks have been going on, but we are still far from signing of the agreement," Umit Yardim told while commenting on the gas pipeline Turkish Stream across the Black Sea bed.
On the eve of Turkish President Recep Tayyip Erdogan's visit to Russia scheduled for August 9, Yurii Ushakov, adviser to Russian President Vladimir Putin, told journalists that the construction of the nuclear power plant in Turkey and the Turkish Stream will be discussed during talks in St Petersburg.
"It is planned to discuss the perspectives of continuation of the joint strategic projects in field of energy. We mean the construction of the Akkuyu nuclear power station and Turkish Stream gas pipeline on the Black Sea bed," Ushakov said.
Turkey is Gazprom's second biggest export market after Germany. In 2015 Gazprom exported about 27bn m3 of gas to Turkey. Currently Russian gas is exported to Turkey via the Blue Stream gas pipeline and the Trans Balkan gas pipeline.
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Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.
OGJ - Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co.
REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.56 per barrel at 0439 GMT, down 16 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.59 a barrel, up 4 cents, or 0.1 percent, from their last settlement.
Rosneft as a member of Sakhalin-1 Consortium successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk. The length of the well with horizontal completion is 15000 m which currently is a world record. This is a supercomplex well with DDI (Directional drilling index) of 8.0 and 14,129 m stepout.