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2015-08-04 19:15:00

RUSSIAN GAS UP

RUSSIAN GAS UP

Russian gas sales to Europe jumped to an all-time high in July, gas export monopoly Gazprom said on Monday, as European customers capitalised on a steep fall in prices.

Gazprom's gas prices are pegged to oil with a six-month lag, which means its customers are currently paying the equivalent of $45-$50 per barrel seen in January 2015 when oil prices crashed following a decision by OPEC not to reduce output.

The jump in exports will help Gazprom to endure one of the worst years in its history. The Kremlin-controlled company lost its position as western Europe's top gas supplier to Norway earlier this year and…

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Tags: GAS, PRICES, RUSSIA, SANCTIONS, GAZPROM
Chronicle:
RUSSIAN GAS UP
2020, October, 19, 14:24:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open. The event will take place on 12-13 November 2020, in Saint-Petersburg.
RUSSIAN GAS UP
2020, October, 19, 14:20:00
HYDROGEN ENERGY WILL UP
Japan's Minister of Economy, Trade and Industry Hiroshi Kajiyama, the host of the conference, said that there was a growing global consensus that hydrogen would be essential for decarbonization, citing increased numbers of hydrogen strategy roadmaps being announced by the major global economies.
RUSSIAN GAS UP
2020, October, 19, 14:15:00
TURKEY GAS RESERVES UP
The increase in the reserves is the result of continued drilling to a depth of 4,775 meters in the Tuna-1 well, which located a third reservoir in addition to the two reservoirs identified at around 3,500 meters depth in earlier drilling.
RUSSIAN GAS UP
2020, October, 19, 14:10:00
CHINA ECONOMY UP
On a quarter-on-quarter basis, China GDP rose 2.7% in the third quarter, the NBS said, compared with expectations for a 3.2% rise and an 11.5% rise in the previous quarter.
RUSSIAN GAS UP
2020, October, 19, 14:05:00
U.S. INDUSTRIAL PRODUCTION DOWN
U.S. industrial production fell 0.6 percent in September, its first decline after four consecutive months of gains.
RUSSIAN GAS UP
2020, October, 19, 14:00:00
U.S. RIGS UP 13 TO 282
U.S. Rig Count is up 13 from last week to 282, Canada Rig Count is unchanged from last week at 80,
RUSSIAN GAS UP
2020, October, 16, 13:10:00
OIL PRICE: NOT ABOVE $43 TILL
Brent dropped 38 cents, or 0.9%, to $42.78 a barrel, WTI slid 35 cents, or 0.9%, to $40.61 a barrel.
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