Russia

Belarus and Russia have started negotiations on the establishment of a single gas market

Belarus and Russia have started a new stage of negotiations on the establishment of a single gas market, Vice-PM of Belarus, V. Semashko, said.

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NLMK has produced the 600-hundredth ton of agglomerate

NLMK has produced the 600-hundredth ton of agglomerate – the main type of raw materials for cast iron making. The agglomerate shop produced the first ton of agglomerate in 1963.

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Gazprom Neft reduced net debt by 4.8% to 611 bln roubles in Q1 2017

The net debt of Gazprom Neft as of the end of Q1 2017 made up 611.042 bln roubles, which is by 4.8% lower than at the beginning of Q1 2017.

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CPC is to put into operation a new station in Krasnodar region

The Caspian Pipeline Consortium has been issued a permission for the putting into operation of the oil pumping station-8.

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Share of independent producers in oil production in Russia is 4%

In Russia, there are still no comfortable conditions for small oil companies," – said president of the Union of Oil and Gas Producers Gennady Shmal.

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Zarubezhneft holds negotiations with Slovenian Geoplin on supply of gas to Brod oil refinery in Bosnia

Zarubezhneft is in talks with Croatian gas transport companies, including Geoplin (a Slovenian company operating in Croatia), on gas supply to the Brod refinery in the Republika Srpska (Bosnia and

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Gazprom Neft increased hydrocarbons production by 4.6% in Q1

Gazprom Neft increased hydrocarbons production by 4.6% in Q1 2017 compared with Q1 2016 to 162.76 mln barrels of oil equivalent (taking into account the stakes in JVs).

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Steel products shipment of NLMK by railway fell in April

In April 2017 the railway shipment of steel rolled products of NLMK to Russian consumers and export made up 1.02 mln tons.
This is by 11.6% lower than in March 2017.

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Russian resource base allows it to increase the production of oil and gas

Technologically, in terms of the resources provision, Russia is capable of producing 1 trillion cubic meters of gas per year and up to 600 million tons of oil.

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Gazprom predicts increase of supplies to domestic markets by 0.5-1.5%

Gazprom expects that in 2017 the share of the company's supplies to the domestic market will increase by 0.5-1.5% compared to 2016.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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