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2014-01-22 16:38:00

GAZPROM TARGETS FOR CHINA

GAZPROM TARGETS FOR CHINA

Gazprom on Wednesday proposed signing a major China gas export deal in May, as industry sources indicated that the Russian gas giant may offer a lower price in return for billions of dollars in upfront payments.

Talks on selling Russian gas to China have dragged on for years with the two sides unable to agree on pricing. The state-owned Russian gas firm is wary of any deal that would undercut its existing European supply contracts.

Kremlin-controlled oil company Rosneft has already established a precedent for huge advances on its exports to China, receiving at least $12 billion lump sum late last year as part of a deal to ramp up supplies.

Russia, the world's biggest gas producer, faces rising competition from liquefied natural gas exporters and aims to bolster its own production with steps that included ending Gazprom's monopoly on gas exports this year.

More information here.

Tags: GAZPROM, CHINA, CNPC, ГАЗПРОМ
GAZPROM TARGETS FOR CHINA February, 18, 12:30:00

OIL PRICE: ABOVE $66

GAZPROM TARGETS FOR CHINA February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

GAZPROM TARGETS FOR CHINA February, 18, 12:20:00

BRENT OIL: UNDERVALUED

GAZPROM TARGETS FOR CHINA February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

GAZPROM TARGETS FOR CHINA February, 18, 12:10:00

BENEFIT FOR RUSSIA

GAZPROM TARGETS FOR CHINA February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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Chronicle:

GAZPROM TARGETS FOR CHINA
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

GAZPROM TARGETS FOR CHINA
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

GAZPROM TARGETS FOR CHINA
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

GAZPROM TARGETS FOR CHINA
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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