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Russia

Russia
2016, June, 23, 18:30:00

THE BEST RUSSIAN PRICE

"We have such low production costs that we will always be able to cut the selling price by a dollar or two when it comes to fighting off a rival," said a senior source at Gazprom.

Russia
2016, June, 23, 18:25:00

ROSNEFT: STABILITY & GROWTH

"We are glad that we've managed to maintain our positions on traditional markets, primarily in Europe," Sechin said pointing out to recent agreements with PKN Orlen to increase deliveries to Poland and the Czech Republic.

Russia
2016, June, 23, 18:05:00

LITHUANIA VS GAZPROM: REJECTED

It is absolutely compatible with the Energy Union. It will be sustainable, affordable and help security of supply, he said. It will increase liquidity in Europe but nobody will be forced to buy the gas, which will be priced against hubs.

Russia
2016, June, 22, 18:30:00

THREE MAIN PLAYERS

"We believe that the (function of) regulation has moved to three main players, which are the United States, Saudi Arabia and Russia," he said.

Russia
2016, June, 21, 21:05:00

GAZPROM & SHELL SWAP

Gazprom's Deputy Chief Executive Alexander Medvedev said the BG holdings could be included in an asset swap deal between Gazprom and Shell that was announced last year. He did not say what the BG holdings were or where they were located.

Russia
2016, June, 21, 21:00:00

GAZPROM & SLOVAK REPUBLIC MEETING

The parties addressed the Russian-Slovak cooperation in the gas sector, discussing, inter alia, the collaboration between Gazprom and Slovak companies in gas supply and its transit via the Republic.

Russia
2016, June, 20, 18:20:00

ROSNEFT SOLD VANKOR

Rosneft and Consortium of Indian Companies led by Oil India Limited along with Indian Oil Corporation Ltd. and Bharat PetroResources have signed the agreement of sale and purchase of 23.9% in Vankorneft and the shareholders agreement at the XX St. Petersburg International Economic Forum.

Russia
2016, June, 20, 18:10:00

UKRAINE NEED MONEY

Shipping 110bn m³/yr would cost Gazprom a quarter of the amount it would spend if it used Nord Stream, while booking capacity for 70bn m³/yr would still cost it only a third as much.

Russia
2016, June, 19, 17:35:00

КРИСТАЛЛИЗАЦИЯ МИРОВОГО РЫНКА

Стоимость добычи нефти в России – $2 за баррель. Увеличить добычу нефти в 2015 г. удалось благодаря новым проектам, которые были запущены с поддержкой государства. В России уникальная ресурсная база, отметил Сечин. Это позволит удержать добычу стабильной до 2035 г.

Russia
2016, June, 19, 17:30:00

GAZPROM'S SEVEN REASONS

Gazprom's accumulated after-tax dividends will total USD 6.9 billion by 2045. Over the next 25 years, gas deliveries via Nord Stream 2 would be 2–2.7 times more economically efficient than the ones via Ukraine's GTS, which translates into USD 45–78 billion.

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