2019, June, 17, 12:30:00SBERBANK, EUROCHEM, SUEK STRATEGIC PARTNERSHIP
Sberbank, EuroChem Group AG and SUEK JSC announced a strategic co-operation agreement signed at the St. Petersburg International Economic Forum.
2019, June, 17, 12:15:00RUSSIA'S FUND WILL BE $200 BLN
The NWF currently stands at $59 billion and is expected to quadruple to over $200 billion, or 12% of gross domestic product, in 2021. Under the law, Russia may start to use the fund as soon as it reaches 7% of GDP.
2019, June, 14, 10:50:00RUSSIA: MODEST GROWTH
Real GDP growth in Russia surpassed expectations in 2018, reaching 2.3 percent, mostly due to oneoff effects of energy construction. Forecasted growth of 1.2 percent in 2019 and 1.8 percent in 2020 and 2021 reflects a more modest outlook.
2019, June, 13, 16:25:00SANCTIONS FOR NORD STREAM 2
Nord Stream 2, a 760-mile (1,225-km) pipeline project to ship gas from Russia under the Baltic Sea to Germany, would double the capacity of the existing Nord Stream pipeline and has divided the European Union.
2019, June, 11, 10:05:00RUSSIA'S GAS FOR EUROPE
According to the document, Gazprom will supply up to 3.5 billion cubic meters of gas per year to VNG Handel & Vertrieb in 2021 and 2022.
2019, June, 11, 10:00:00GAZPROM, OMV DEAL $1 BLN
The document sets the price of the deal during which OMV will obtain a 24.98 per cent stake in the project for developing Blocks 4A and 5A in the Achimov formations of the Urengoyskoye field at EUR 905 million (USD 1.02 billion at the cross rate of the Central Bank of the Russian Federation as of June 7, 2019). The parties plan to enter into the final agreement on the deal before the end of 2019.
2019, June, 11, 09:55:00NOVATEK, CNPC AGREEMENT
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with wholly owned subsidiary of China National Petroleum Corporation (“CNPC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.
2019, June, 11, 09:50:00NOVATEK, CNOOC AGREEMENT
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with CNOOC Ltd. (“CNOOC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.
2019, June, 11, 09:45:00RUSSIA'S LNG FOR VIETNAM
PAO NOVATEK (“NOVATEK” and/or the “Company”), Total Gas & Power Business Services S.A.S, Siemens Aktiengesellschaft and JSC Zarubezhneft (Zarubezhneft) signed a Memorandum of Understanding (MOU) on cooperation in Vietnam.
2019, June, 7, 12:10:00RUSSIA'S GAS FOR HUNGARY +58%
Gazprom's supplies to Hungary from January 1 through June 5, 2019, totaled 4.3 billion cubic meters of gas, a 57.5 per cent increase versus the same period of 2018.
2019, June, 7, 12:05:00GAZPROM, BASF COOPERATION
The meeting participants reviewed issues related to cooperation between the companies. Particular attention was paid to joint actions for hydrocarbon production in Russia, namely at the Urengoyskoye and Yuzhno-Russkoye fields.
2019, June, 7, 12:00:00RUSSIA'S GAS FOR FRANCE
It was pointed out that the French demand for Russian natural gas has been on the rise for the last four years.
2019, June, 7, 11:50:00GAZPROM, SHELL PROJECTS
The parties reviewed issues related to bilateral cooperation, paying special attention to the implementation of the Nord Stream 2 project. To date, more than 1,402 kilometers of pipes – over 57 per cent of the gas pipeline's total length – have been laid in the Baltic Sea.
2019, June, 7, 11:45:00RUSSIA, SERBIA PROJECTS
In 2018, Gazprom exported to Serbia 2.15 billion cubic meters of gas, a 1.2 per cent increase from 2017 (2.12 billion cubic meters).
2019, June, 7, 11:40:00GAZPROM NEFT, SHELL IN SIBERIA
Russia's Gazprom Neft said Thursday it and Shell have agreed to create a joint venture to develop fields in West Siberia with combined estimated reserves of 1.1 billion mt of oil.