India

Indian companies intend to produce coal, tin, zinc, lead and copper in the Far East

Indian mining companies are interested in mining in the Far Eastern Federal District.

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Novatek is looking for new partners for Arctic LNG-2

Novatek is interested in attracting Indian partners to participate in its Arctic LNG-2 project.

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NLMK thinks about the production facilities in Asia

Novolipetsk Steel (NLMK) is considering expanding its presence on the Indian transformer steel market.

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Tata Power plan to produce 8 million tons of coal annually in Kamchatka

Indian energy company Tata Power expects to produce at least 8 million tons of coal per year within 20 years after commissioning of the Krutogorovskoye deposit.

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Alrosa to change its foreign sales policy

Deputy Prime Minister, presidential envoy to the Far East Yuri Trutnev has instructed Alrosa to review foreign sales policy of rough diamonds within a month.

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Russia discusses issue of the Iran-Pakistan-India gas pipeline project with India

Currently, Russia is discussing the signing of a memorandum with India on the Iran-Pakistan-India gas pipeline project. This was reported by the Russian Minister of Energy Alexander Novak.

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SIBUR plans to start production of Butyl rubber in India in summer 2019

In the middle of 2019 SIBUR and Indian Reliance Industries Ltd may hold the opening ceremony for the production of butyl rubber at an integrated petrochemical complex in Jamnagar (India), the media

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AIOC reduces oil production at ACG 3.7% in Q1

Oil production at the block of Azeri-Chirag-Guneshli fields (ACG) amounted to 52 million barrels (7 million tons) in the first quarter of 2019, the Azerbaijan International Operating Company (AIOC)

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Since 2001, SOFAR’s revenues from sale of profitable oil from ACG block exceeded $140 billion

Revenues to the State Oil Fund of Azerbaijan (SOFAR) from the sale of profitable oil from the Azeri-Chirag-Guneshli block (ACG) and condensate from the Shah-Deniz field in the first quarter of 2019

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Gazprom to work on the feasibility study of Iran-Pakistan-India gas pipeline

Gazprom, despite the restoration of US sanctions against Iran, hasn’t completely abandoned the idea of building the Iran-Pakistan-India gas pipeline.

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