RUSSIA BUILD THE SOUTH STREAM
A consortium led by a company partly owned by a target of U.S. sanctions has won a multi-billion-dollar contract to build a section of the South Stream pipeline through Bulgaria, Russian natural gas monopoly Gazprom said Tuesday.
The contract has been awarded to a Bulgarian consortium, Gasproekt Jug AD, and privately owned Russian company ZAO Stroitransgaz.
ZAO Stroitransgaz is 50% owned by Stroitransgaz Holding, which was a target of U.S. sanctions following Russia'a annexation of Crimea, along with other companies owned or controlled by Russian businessman Gennady Timchenko. Mr. Timchenko owns 63% of the holding…
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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».
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.
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.
U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.