May 2020
![May 2020](/cache/05-20/nigeria-48.d128ffea.jpg)
2020, May, 14, 15:45:00
SHELL INVESTMENT TO NIGERIA'S LNG
Shell announced that all conditions for its Final Investment Decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) have now been met.
![May 2020](/cache/05-20/price-411.618d01b6.jpg)
2020, May, 13, 12:55:00
OIL PRICE: NOT ABOVE $30
Brent dropped 56 cents, or 1.9%, to $29.42 a barrel, WTI fell 23 cents, or 0.9%, to $25.55
![May 2020](/cache/05-20/energy-130.3bc598ee.jpg)
2020, May, 13, 12:50:00
CHINA'S ENERGY WILL DOUBLE
China generates more electricity than Europe and the USA combined and China will double again in twenty years.
![May 2020](/cache/05-20/oil-15.e9c24e80.jpg)
2020, May, 13, 12:45:00
OIL PRICES 2020-21: $34-$48
Brent crude oil prices will average $34/b in 2020, Brent prices will rise to an average of $48/b in 2021
![May 2020](/cache/05-20/russia-30.8cfb0e6c.jpg)
2020, May, 13, 12:40:00
RUSSIA'S GAS FOR CHINA
Supplies to China continue at around 9 million cu m/d through the landmark pipeline -- the first direct link for Russian gas to reach China by pipeline.
![May 2020](/cache/05-20/price-409.fb2d8b66.jpg)
2020, May, 13, 12:35:00
INDIA'S $266 BLN FOR #COVID
Even before the pandemic, India’s growth was slowing and public finances were strained because of poor tax collection and higher spending.
![May 2020](/cache/05-20/gas-182.d6f36863.jpg)
2020, May, 13, 12:30:00
RUSSIA'S SHIP FOR NORD STREAM 2
The Nord Stream 2 operating company has declined to give any guidance on the schedule for completing the pipeline, saying only that it was "actively looking for solutions" to finish the pipelaying work.
![May 2020](/cache/05-20/price-408.9a0b6854.jpg)
2020, May, 13, 12:25:00
ДОХОДЫ РОССИИ МИНУС 190,1 МЛРД.РУБ.
Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета, связанный с превышением базовой цены на нефть над фактически сложившейся ценой, прогнозируется в мае 2020 года в размере - 190,1 млрд руб.
![May 2020](/cache/05-20/russia-29.4c0b6580.jpg)
2020, May, 13, 12:20:00
RUSSIA'S GDP WILL DOWN BY 4.5%
Russia is set to record negative GDP growth of 4.5 per cent in 2020 following the shocks caused by the coronavirus pandemic and the collapse of the OPEC+ agreement to limit oil production.
![May 2020](/cache/05-20/nuclear-283.a0ad8ec4.jpg)
2020, May, 13, 12:15:00
THE NEW NUCLEAR ALLOY 617
A combination of nickel, chromium, cobalt and molybdenum, Alloy 617 can be used in tomorrow’s advanced nuclear plants because it allows higher temperature operation.