Production and Refining

Georgia to continue to buy fuel from Azerbaijan. Euro 5 to be postponed for a year

Union of Petroleum Product Importers of Georgia has asked the Government to postpone switching to Euro-5 for a year, so that Azerbaijan will continue to be present on the Georgian market.

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One of the key Kazakh refineries increased processing by 2% in 2019

Atyrau refinery (Kazakhstan) produced more than 1 million tons of motor petrol by the end of 2019. Oil processing at the plant exceeded 5.3 million tons, the company's press centre reports.

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LNG-KAMAZ will carry liquid helium of the Amur GPP

Gazprom and Rostec intend to cooperate in a field that is not quite usual for its interaction.

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Dmitry Konov: Sibur not to conduct IPO in 2020

Sibur is not considering an initial public offering (IPO) in 2020. This was announced by Dmitry Konov, chairman of Sibur holding company’s Board.

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Over the year, Rosneft reduced refining volumes in Russia by 3%, and abroad - by 13%

In 2019, Rosneft reduced volume of oil refining at its plants by 4.2%. Russian refineries reduced the processing by 3.1%, it follows from the company's annual report.

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Azerbaijan exported petroleum products for $28 million in January

In January 2020, declared export of petroleum products from Azerbaijan amounted to 59 345.33 tons. Such data was published by the State Customs Committee.

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Novatek increased gas production by 8.6% and oil production by 2.9% in 2019

In 2019, the volume of gas and liquid hydrocarbons produced by Novatek, including its share in joint ventures, increased by 8.6% and 2.9%, respectively, compared to 2018.

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Rosneft reduces capital investments into Russian refineries by 16% to 46 billion rubles

In 2019, Rosneft reduced capital investments into its refineries by 16.4%.

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