Gas

Rosgeology to begin exploration of new field in Bahrain at the end of 2018

Bahrain entered into an agreement with Rosgeology, which will begin in late 2018 a large-scale survey in the area of discovery of a new oil field in the Persian Gulf.

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Russian gas is more profitable for Armenia than Iranian

The Acting Minister of Energy Infrastructures and Natural Resources of Armenia Garegin Baghramyan said on Tuesday that Iran offered gas to Armenia on terms less favorable than current purchases fro

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Gazpromneft intends to start pumping APG from East Messoyakha in formation in 2020

Gazpromneft has intended to increase level of rational use of associated petroleum gas (APG) in the territory of Messoyakha license sites to 95% in the coming years.

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By 2040, Russia to lose 1/6 of its production

The International Energy Agency has expected a strong drop in oil and gas condensate production in Russia by 2040.

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Cost of TAPI gas pipeline down by almost one third

Turkmenistan lowered the cost of the construction of the gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI) from $10 billion to $7 billion.

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Russia to become one of the largest LNG exporters in the world, maintaining status the largest supplier of gas to Europe

Russia will remain the main supplier of natural gas to the EU until 2040, but its position will be slightly weakened.

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Investments into Southern Gas Corridor exceed $30 billion

As of the beginning of October this year the volume of investments in the implementation of a large-scale project focused on the construction of the Southern Gas Corridor (SGC) reached $ 31.8 billi

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Miller responds to threats by the United States to prevent the construction of "Nord Stream – 2".

The head of Gazprom, Aleksey Miller, expressed confidence that the Nord Stream 2 project would be implemented, despite threats from the United States.

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Lukoil to switch part of its car fleet to natural gas due to Gazprom Gas-Engine Fuel

Gazprom Gas-Engine Fuel and Lukoil have signed an agreement on cooperation and business partnership in use of natural gas as a motor fuel.

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Alexander Novak: By 2035, demand for LNG in the world to grow from 250 to 550 mln tons per year

The LNG market in the world has increased by more than 59%, which is almost three times higher than the growth rate of trade in pipeline gas.

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