Diesel

Belorusneft doesn’t expect shortage of fuel in case of limitation of supplies from Russia

Belorusneft hasn’t expected a shortage of fuel in the case of restrictions on supply of petroleum products from Russia.

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Surgutneftegaz intends to include ability to refuse payments in dollars in its contracts

Surgutneftegaz has been seeking from buyers an approval of additions to contracts related to the threat of new sanctions.

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In January-August, petrol production in Azerbaijan grew by 3%

In January-August 2018, production of petroleum products in Azerbaijan increased by 7.6% to 2 92.6 million manats compared to the same period of the previous year, the Interfax - Azerbaijan was inf

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In 2018, transshipment of petroleum products through Ust-Luga grew to 19.5 mln tons

Transshipment of oil cargo through the port of Ust-Luga decreased by 8%, including oil transshipment decreased by 17%, and petroleum products - increased by 1%, the mass media reported.

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Kazakhstan may organize transit of oil and petroleum products through Azerbaijan in 2019 and considers export via Baku-Tbilisi Ceyhan pipeline

Kazakhstan is studying possibility of transiting oil and petroleum products through the territory of Azerbaijan since 2019, the Azerbaijani Ministry of Energy informs.

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Russian Government may level market participants due to quota for fuel supply

The Russian Government is discussing the right to set quotas for the supply of petroleum products to the domestic market in the event of such a need.

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From October 1, 2018, export duty on oil in Russia to grow to $137.5 per ton

From October 1, 2018, export duty on oil in Russia will make up $137.5 per ton, increasing by $7.5 per ton compared to $130.0 per ton in September.

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Oil companies to be paid from budget for constraint of petrol prices

As expected by the Kommersant, the parameters of a damping mechanism within the tax maneuver will be changed in favor of oil companies.

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SINOMEC and Primorsky Territory government agree to build oil refinery for 50 billion rubles

At the Eastern economic forum the acting governor of the Primorsky Territory Governor A. Tarasenko and the vice-president of the Chinese energy engineering corporation SINOMEC L.

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In January-August, Azerbaijan increased export of declared oil 1.5 times, oil products – by 32%, and reduced export of declared gas by 11%

In January-August 2018, export of declared oil from Azerbaijan amounted to 19 934,911 thousand tons, the State Customs Committee reports.

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